Good morning traders and welcome to the live special trading webinar here with Scott Balsini futures trader you may have heard of him and What he's going to go through is live analysis and you know witness trading from professional It is in demo paper trading mode. So you know that but we'll get into the disclosures here in a minute It's not for shadowing. It's about learning how to apply or the insights from a Professional trader how they look at the markets and how they use book map and order flow And how they optimize their entries and exits and trade management as well as you know trader psychology, etc Let's go through the disclosures the risk discloser 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 live trading is in simulation demo paper trading mode and strictly for educational purposes Live trading executed in simulation cannot accurately represent realistic trading performance Our book map simulator comes close to it. It it does read the order book and put you in the queue however, if you have real orders, it obviously is going to make a difference and Simulator cannot accurately represent that All right risk disclosure Trading futures equities and digital currencies involves substantial risk of loss and is not suitable for all investors An investor could potentially lose all or more than the initial investment risk capital is money That can be lost without jeopardizing one's financial security nor lifestyle Only risk capital should be used for trading and only those with sufficient risk capital should consider trading Past performance is not necessarily indicative of future results. Good morning, David. Good morning, Tom All right. Well, if you don't know who Scott is, well, he comes in here every Thursday's part of our book map Bookmap live education It's very robust education that you get you get to professional traders as well as Forward-looking analysis on the other days. No hindsight education at all and you have an educational course so Scott's been trading for over 20 years and During the years of 2002 to 2005 he was responsible for trading about 10% of the S&P E-mini futures volume every day It's an amazing amount. It's an amazing story here. I'm still waiting for Scott to write the script for his Hollywood movie Scott now focuses on trading both equities and futures He's an expert scalper and has been innate ability to quickly read the order flow and volume within price patterns Here's his contact information. I'm going to be putting this into the chat periodically throughout the webinar So he offers mentoring services educational products. He has a trading room here You got his email. He has an educational course that you can purchase as well so This will all these clickable links will be in the chat so you don't have to copy them down here Okay, so without further ado, let's turn it right over to Scott First year me. Yes Whip cam You're a little faint on the volume Mumbling All right, here we better now Yeah, a little bit my microphone was unplugged earlier in my trade room and I was Talking and no one was hearing me. So that was fun, too I figured out all right, so You know usually on these webinars I do every week we do it for the global plus subscribers or book map and you know I basically just jump right into the trading You know stuff is whipping around here But I this was supposed to be more of a special event to show like how I you know Start my morning or break down my morning and break down the markets for myself in my trade room and stuff like that So we'll quickly go over that it's going to be kind of torture for each trying to do that Well, if there's stuff firing off, but I will do that just so we can everyone get a sense of How I prepare for the day and what I look at and stuff like that. So You know, we start the morning I Get in I get on well I get up about five o'clock my time which is seven o'clock central That's if I don't have trade on overnight, which usually kills me to sleep wise But I'll get up about five and I'll look at these markets just so I have an idea what I'm talking about I'm my in my trade room and then we get on the trade room and we go through First and foremost we go to go over the state of these markets, right? So we go over market structure. So I'll bring up a bar chart candlestick chart like this and You know my whole trading philosophy and it shouldn't be anyone's as far as one of one of the things that you use is obviously market structure and balance areas and you know So Marcus trading in two states three they're balancing meaning they're trading back and forth, right? So we call that balance areas, right? So I'll do here. So this is back and forth trade, right? So when you see back and forth trade like this and you can get balances inside of bigger balances, right? So Like for instance, this is one big balance that we're in right now. This was a balance here inside the balance This was a balance here inside of a balance and we broke down just to the bottom came back now We're approaching this little guy here, but anyway, this is two-sided trade. So the way you look at this is Traders placing bets on next which way we break next, right? So some guys are short some guys are long when we break out of this if we break out this way And guys that are short the longer-term traders and even you know You have so many different facets of traders in here where yeah You have longer-term traders where whenever they break out of here They have to cover their short so they they are fuel for the move out of here Then you got guys that are shorter-term traders like day traders that love to play breakouts of balance areas because balance areas are pretty Obvious to see right? You can anyone could see two-sided trade So they love to jump on when we break out knowing that you know There's gonna be some type of move because traders have to puke the big longer-term guys have to put out their positions So it's very important that you know where we are on a bigger time frame Before you start throwing in your trade and I'm telling you most traders night I take 90 percent of traders hop on in the day and they have something like this up I even less than this most of them just have like the one-minute chart and they just start throwing in trades based on what they see here Well, just because you know, for instance, this looks bullish right now You know, we had a failed breakdown which we will talk about one of my favorite trades where we had overnight balance And we tried to break down and then we recovered and we recover the high-volume node of a value balance area Which I will go over That's very bullish, right? But in the grand scheme of things Is this market very bullish right now? No, it's not very bullish right now. This is still actually Intermediate it's short-term bullish intermediate term. This is bearish long-term It's bullish intermediate term. It's bearish, right? Why isn't bearish intermediate term? This is stuff that you guys as traders need to know before you just start buying like it's we're going up here, right? This was a you can see the dates down here So multi-week balance area, right? And we tried to break out and if this thing was truly bullish we would have held up here You see this balance built right here and we just were kept moving up. What happened? Not only did we break down out of this little guy then we when we gapped Right here, we're right through the high-volume node of This balance area the high-volume node in a balance area is HVN we call it is basically just where the most trade transacted inside of a bouncer, right? We gap down through that then we built balance at the lower edge of this balance area Right and then we broke down So a market is still considered bearish and I'm gonna give you a perfect example this and crude here That's just starting to fall apart like we talked about in my room today, but a Market can still remain bearish even on retest of Number one the bottom of balance prior balance, right? Many times it'll do that clear this out a little bit. So That's the first line of defense for for bears, right? We can return here and you can see we came back and we kind of I mean this is this is pretty condensed So this is like, you know 30 30 40 points that we pull back after we came back to this guy here All right, and then we got back up here and we were talking in the room. This is high-volume node and I said This was last week where if we get above 41 80 and that's this price right here Then this thing is gonna be now it failed break down and then we're gonna rip and what did it do? It held the right word should have held and now we sold off now What are we doing? Well, we're rallying back, but we're still not out of the woods as far as this not being bearish anymore And then what what are we doing now? We're building another balance, right? So all we're really doing is starting to come back to the top of the balance So yes, you could play, you know, first of all the worst place to be putting on trades Is in the middle of balance areas, right? And that's exactly where we're at right now Why is that the worst place because again, that's where the most trade occurred So you're asking you're probably gonna get this kind of trade where you're gonna be whipsawed to death and just be tortured Even if you end up being right, you're gonna be tortured for hours.  So anyway We are I forgot what I was saying here, but balancing right here And you don't want to be putting on trades in the middle of balance areas if you can avoid it, right? So The best place to place trades are tops and bottoms of balance areas, right? Those are the best places, right? So if you would have got long here I mean, this wasn't a balance area at the time, but this one definitely was right when we came back down That was a great long if you get the right signal and then you write it up But right here to put on a trade. Yeah, you can put on a trade hoping we get to the top of this balance It doesn't have to happen But we are right in the middle of the balance area. So anyway, the best places to trade are tops and bottoms of balance areas Or if we break out or if we break out and then retest either like we just said from this this Direction if we retest the bottom or retest the high volume node, then you can be trading the high volume node on the retest Yeah, this way or this way, right? So other than that, you don't really want to be participating in the middle of balance areas So that's the way we look I look at these markets. We I figure out where the balance areas are I figure out what is the state of the market? Currently so I'll look at the longer term stuff to know again if you know longer term stuff You're not thinking this is all Rosie yet, right? You're like, okay. Yeah, this short-term chart It looks like we're going on the moon, but you know based on what I just showed you You know, we still need to go higher. We need to get above 41 80 for this to be truly bullish We'll violate that H high volume node HVN of that other balance. I just showed you other important areas We look at areas of directional conviction. You see this is where this whole move started down from the other day So you can bet when we get up here There's going to be some type at least a little bit of resistance or if not just a complete failure, right? So this is stuff you guys have to know Before you just blindly throw on trades. You got to say, okay. Hey, yeah, this looks like we're going on the moon But wait a second. We're in an area where we broke down hard from on Whatever day this was one day or Tuesday So those are other areas that you pay attention to right and usually I'll have zones drawn and this is pretty close This was an older zone But you can see I was still is still effective for all these other things So this zone is important that we're touching right now, right? So that's the very basic sense. You want to know where we're at in the marketplace, right? So that's number one that I look at number two. I'll go to market profile Right and that just gives you a different type of view. It's kind of the same concept But it's a different view. This is something different that I'm going to introduce today. We'll get to that here in a second So we go to market profile, right, this is market profile So again, forgive me if you've been on these webinars. I say the same stuff every time but there's probably a lot of new guys on here. So Market profile is basically It's a market profile is usually individual days I guess this was yesterday's market profile on all this was was the trade per period So if I go like this, you can see that you can see it broken out by the half-hour periods, right? So that's all this is usually sometimes some market profile They have the letters like the original ones at the letters. I don't need the letters I just all I need to see is this you kind of see Well, how the day progressed, right? So we started down here We kind of floored it with this old one down here and then we got out of it and then usually when when markets break out of are they struggle at prior Value areas the Tennessee once they get out is to go to the next one and that's exactly what we did We broke out of this guy and we came right up to this guy, right? So this was from before and again I'll get into what these are these composites But usually when you trade through a bunch of times you can you can cut it off You see I cut off this one here because we traded through traded through I'll cut them off because it's not relevant anymore It's just like a support and resistance line, right? If you have a if you have a resistance lining you trade through it five times. It's not relevant anymore. So Same with market profiles because you're always building new value, right? So But anyway, I kept this one in just because it still remained important You can see yesterday we couldn't get in it and then yesterday we opened in it And what do we do? We'll write through it and now we're retesting this most recent one So this is a really important area for yes Yes, it's in the middle of that balance area But we're also this is just a different look right now We're coming to the top or the bottom of this most recent composite value area And I'll get into that one second. So what's going to happen here? We're going to reject this or we can accept inside and when you accept inside a value area The tendency is to go to the other side So quickly there's a lot of confusion With my terms, right? So if I say value area See my awesome spelling on the computer value area is for market profile and that's this stuff So all it means is it's worth 70% of the trade occurred in this guy here That's a value area if I say balance area That's this stuff what we just talked about right? So don't confuse the two there sometimes they're closely related other times are not right This is a balance area Balancing back and forth you can call it people call it boxes people call it consolidation Whatever you want to call it it doesn't matter. It's two-sided trade But I call it balance area on bar charts and I call it value area market profile. So don't get those confused Um, so now so this is an individual day. So we'll get this back to normal So what I do For these market profiles is we'll undo this one here. So if the days Merge the value areas of the individual days overlap I will merge the days together and then draw a composite Value area, right? So this was yesterday's value area just for the day, right? And then the point of control is where the most trade occurred you can see this is where this jets out This is where the most trade occurred in this in this value area, right? So to give you all all these are for anyone that Takes statistics in high school or college all this is is a statistical distribution That's all this is turned upside down or it's on a side. That's all it is, right? so you learn in statistics that there is a You don't call a value area obviously I forgot what this is even called the distribution or whatever and then you have the tails So anyway, usually this is 70% of it's been a long time since I was in college by the way So I don't know the terms but anyway, this is where 70% of whatever you're looking at occur It's the same exact thing turned on its side for a market profile. That's all it is very basic I like very basic in my trading because it helps me not be confused with all these conflicting signals, right? So When the value areas of multiple days Overlap at least 50% you know this day versus this day. I will merge them, right? So you can see what this looks like we do this day right here Merge the proof part as a Sierra chart by the way Very cheap like 35 bucks a month. I pay Again, you want to cut costs as much as you can You don't need to paint be paying for a bunch of stuff that you can get for cheaper, right? Sierra charts cheap, but it's very very labor labor intensive So just be prepared to do everything yourself and I mean everything when you get first get it from building your charts to Constructing candlestick. It's it's it's a little insane, but you know you get what you pay for so that's it's a great It's a great Software, but you've got to do everything yourself. This is think or swim This is free as well if you open an account with thinkorswim I think you can put a hundred bucks in there is whatever it is and you get access to this to this stuff Right, there's no reason to be paying for charting when you can get it for free Use your money for your trading that for stuff that you can get for free. So anyway, I Merge these two days and that and that came up with this value area, right?  So I will merge that as well. So you merge those And then you come up with a nice little composite and you can see that's right where we're at right now So this goes for anything this goes for anything that's traded cars houses You can do this with prices of houses prices of cars. It doesn't matter It's what the market perceives is that as value. That's all it is right and that's important to know So we this what this is the prices that market can considered value back You know earlier in the week or last week and we then the market said, you know what this is not value anymore We're gonna move down here, right? And then now we're coming back now is the market think this is value again We're gonna go to the other side or is it gonna reject it? That's how I use this stuff, right? And then when you layer this over with your or my You know balance area Analysis then you come up with great trade so you can see here that we just saw we're right at the bottom of that value area That's also confluent with what where this whole directional conviction started at the end of the day the other day So this is a very important area if we get through there Then you can be looking for longs if we do not you can be looking for shorts because now we're far enough away from this fail Breakdown anyway So what we what we harp in my room is you do not want to be standing in front of so say you like this area for a short Right, and you said hey this thing this thing broke down the other day I know we're at that market profile value very low. I want to short here Well, if you if we build balance here for the next two hours, right?  That's the difference between a straight beeline move right into the zone those fail all the time So do you see the difference you have to know How we got to this zone is it we built balance right below it and our you don't want to be shorting that zone Versus what we're doing right now is a straight beeline move 40 points right into this move. So I will then again, then you start to Overlay the market profile and the other stuff and I'm gonna show you and you come up with a thesis on what's going on And then the final piece of the puzzle is then you go to your book map real-time volume Which is the the biggest thing out of everything because it doesn't matter what lines are on a chart doesn't matter Any of that stuff doesn't matter as Strongly as the book map real-time volume to know what is going on right now, right? So you want to know hey is is there big money defending this area is there big money and you can see here when we came up here Yeah, I'm not gonna get into this yet, but This was large cell ice too different and you can see the absorption here these black dots or the absorption Cell ice meaning big money was is trying to hold the market down right here and it rip right through them And this is the exact scenario. So if you wanted to be long here per se This is a bullish setup right here where it ran right over the size birds moved away retested the area Failed and now it's moving back up, right? So in a vacuum, which you'd never want to trade in but if you were just if I was just looking at this chart alone I would say this is very bullish right now because Paper got run over the big money got run over trying to hold the market down moved away This is the pattern 90% of the time where it retest that area these guys that got were run over Now they have to exit their positions because they were wrong. How do I know that? Because I'm again, I apologize even on these webinars. I say this every time I used to be this guy. I used to be the guy that got run over and I would be praying to the lord almighty Please come back to my area where I can get out of this trade. I won't even take a profit I just want to break even please god, please god, please god I'd be looking at my p now.  Hey, what's going on? I'm gonna cut you off here blah blah blah So anyway, what I would do this would move far enough away from you say this is me that got short, right? I got 1500 contracts on and I'm praying Please come back to my area just so I can cover these and then we'll come back And that's what causes as I would cover because it's 1500 contracts. It causes the next move out Right. So that's what my setups in my as a sign indicator course are based off of they're based off of personal experience of me trading large size And seeing how other traders reacted to With trading large size and being caught and things like that Because back then you were able to see counter parties So I could see exactly who I was trading with back then I can tell if it was a local meaning like a like a day trader that worked for a firm and You'd see the same guys every day. It was literally like a poker game It was like sitting in a poker table and you can see the guy you're trading with You knew how much size he can put on right? So I used to trade against this guy from galber. He could put on like 5000 contracts Like it was insanity, right? So I but I can see trading with him like when he was loaded up and wrong, right? So But and then there'd be other times I'd be trading and all of a sudden I'd see a house I'd never seen a house meaning a house number. So I'd see like, you know, oh one four as the Everyone our ours was oh my camera was oh two three That's just basically your clearing firm number And I would see a clearing firm number I've never seen before and I like I would jump up and buy a thousand and it would all be this number And I'd be like, that's not going to be good. Like that's some serious money. That's in here I've never seen that number before I probably wouldn't get out of the market here because I don't want to be It's not a local that I can just mess around with and play poker with this is this is serious money I want to get out of the straight So anyway, that's how the setups are that in my course is but from my experience as a large-term trader So this stuff is not hypothetical. It's it's real stuff that I used to do and how I would react when I was caught, right? So anyway, I don't want to dive into this too much, especially if stuff fires off right now We'll get into that with some live trades. I'm hoping the second half hour here. I'll be live trades I don't know if they will cover everything that quickly at all. But anyway, so that's what I look at Then we go to the real-time buy-in So some other things that I have added again. I am a huge proponent of not Taking away you should be taking away things off of your chart not adding Um, you know, there's a guy in the room yesterday. He posted his chart 5,000 lines on his chart. It's like you cannot make clear concise decisions if you have all of this conflicting information, right? you know guys have Fibonacci and then they have Bones your bands and they have the the mac d and all this other crap, you know, again Anything can be anything is works once in a while, but you do not want stuff That's not that important in the grand scheme of things to affect your decision making Whether you're getting in or getting out because you're never going to hold on for the big trade If you've got 55 things on your chart telling you one thing's telling you to stay long Another thing's telling you to get short So i'm telling you guys bare bones. Keep it as simple. Keep it soup. It's kiss, right?  And then i'll draw the zones That's about as basic as it gets and that's all I really want. I have added two things that are Well, three things I use taz Most of you guys know that taz are just mini market profiles, right? And they're very helpful. I use them on a 10 30 and a 60 minute 60 minute time frame So I use those and when they draw boxes, it's just like those values I just showed you on the market profile, right?  Are we, you know, are we are we below whatever and then taz also has what's called market map so you can see where all the volume is It's an easier way to look at it But you can also just look at a balance area and know there's a lot of volume in a balance area, right? So when I look at the for instance the five minute, right? I know You know yesterday This balance area you can see this choppy nonsense back and forth, right? I know there's a lot of volume in there because it's a balance area, right? And then when we break out it's gone and you can see here Try to break out. What are we? We retested i volume node held gone and then that caused also a fail breakdown of this guy too I don't I'm not going to get in there right now. I'll go over the strategies a little bit here shortly, but Oh, so I was talking about market map for think for For taz. So I that's how I use taz very powerful and then they add another product called the edge I'll go over that too But the the newest the two newest things that I've added in the trade room where we use them all the time and they're loving it The one this is on thicker swim up. Just this is a free study Very very very powerful in context not in a vacuum not trading by itself. So guys nothing guys and girls nothing I use Do I trade in a vacuum and not even book map? I do not use my setups I trade off five distinct setups like we were talking about. So this one for instance, this setup is called broken ice This is we just talked about this, right? Iceberg sell ice big money got run over broken ice retest fail. That's the signal Do I trade this by itself? Absolutely not. I go back and I look and see where we are In the grand scheme of things like we just covered. So if everything matches up that I will take the trade if that is not Confluent with my thesis for the day So say if I so say I want to be short And this fires off. This is a long. This is a bullish setup if I want to be short And if I from what I see I should be short. I'm not taking along, right? That's why every time every webinar you guys see me do I'm like this looks like long But I I don't want to be long here. I'm not going long in this market today until something changes, right? So I don't even trade this in a vacuum and this is the most powerful thing I have ever seen I don't know if you guys ever heard me say that or or about 5 million times This stuff is the most powerful stuff I've ever seen in my 20 plus years of trading and I don't even use this in a vacuum, right? So you especially don't want to be learning about this stuff and trading on this stuff by itself Because you will get smoked, right? So I use this in context. So if I were long I look at stuff like this and say wow Yeah, this is the we call this algo guy in my room, right? All this is is a it's called a moving average ribbon And I actually learned about this from one of the one of the traders. I was mentoring last year I never again because I never would use any of this stuff because I didn't want to confuse myself But he showed me it and I'm like the more I watched it. I'm like, you know what this thing is pretty valid so The way this this way this works is again, this is called a moving average ribbon if you go to You know you get thicker swim and again if you're part of my room I share my template for my From my workspace. So you get all the exact charts I use and then they just download these They don't really like it because they download them. I have about 45 charts But they they get this as well. So they don't have to construct it themselves, but any of you go here I don't even know if I can find it right now, but I'm not going to waste time on that but anyway, you can find it studies It's just a basic study. So all this is showing you it's a moving average ribbon band The blue is a short term learning average and it's got different periods and the red is a longer term living average How traders use this or how you would want to use this if you start watching it is when They blue crosses over the red and pull so the market pulls the blue over the red That is a great time to get long Again in context with other stuff. You don't want to just be doing it on its own. You can see here you would have been You know over these areas you would have been ripped up, right? So I mean you did get some moves when the blue crossed below the red here But then this is another signal. I'll tell you about here, but tried tried So, you know, it can get choppy at times is what I'm saying. So you can't just trade this every time Oh, this is it's not this easy, right? You know, oh, we got across the blue the red. Okay I'm gonna buy a 4100 and I'm I'm just gonna hold it till I see across the blue back below the red So yeah, a lot of times you will get huge trending moves like this But my point is you can't use this in the vacuum So some of the ways that we use this in the room one It's just to confirm, you know, so if we see a si indicator set up say we're at balance say here Here's a perfect example. How you would use this today, right? So what price was this? This was Right around 41 4100 right 40. Yeah 4,000 or 4100 So we were just talking about this this was Today this was last night, right last night's trade again The global X trade extended hours trade they call global X Is important until it's not important anymore. So now it's not important as the regular session But this was a failed breakdown. This is one of my favorite trades. We broke down out of this balance area Then we came back built a little balance here And then we recovered and got right through the high volume note of this balance area That is a total long signal So when that happened granted it was a little higher than 4100 But you would have been on alert like okay, I'm watching I'm watching algo guy I'll go guy just crossed again. You're not trading this by itself, right? Right everybody, but you're watching and she's like, okay, this just crossed So I know I got the algos that trade this exact set of this exact thing. They're on my side Now what am I waiting for now?  I of course did not catch that trade because I was not in front of my screen So that's the other thing I use and then the newest thing that I've added Just added this in the last couple days. I'm not I don't claim to be an expert at all but That being said, so I've done mentoring for almost a year and a half now and one of my students Was a micro trader a year ago Then he started trading a couple lots and he was trading five lots and yeah, I had some ending with him Again, I'm not taking full credit for his explosion, but you know, he learned he bought my course He learned the setups and he started using stuff like this.  You can go there a free day trial anyway, he From February until now he's made almost two million dollars two million dollars He's in my trade room as well and he's always posting in there So you guys can learn from him there as well But he absolutely swears by these levels swears by him So they're not the same as taz that she has her own formula She's a computer programmer and this was telling I spoke to her a couple days ago because I wanted to see if I can get a discount from my room Which we got So again, if you join my room you discuss this as well But she told me that she has been in business since 2010 And most of her customers have been with her the entire time. So if that doesn't tell you something about the levels You're not holding customers for 10 years if they don't work, right? So I consider this kind of a hidden hidden gem because I've never heard of it, right? And I've been trading for 20 years, but My you know my my student, you know, now obviously he's much more than a student He's made millions of dollars. He swears by these levels again You're not trading this in a vacuum either But you can see how well these work as far as support and resistance, right? This was yesterday too You can see like the yellow line The way they talk about it is again I'm brand new to using them but just watching them for the last day or two. They're ridiculous Again when applied to other stuff, but when we get above the yellow line The tendency is to get to the red or this whatever color this line is and it did that and then you see it bounced off again And then we bounced off the red and they're incredible. And then today this is exactly where we bounce So this is a perfect example using everything Confluent, right? So we just talked about the fail breakdown. We talked about algo guy crossing then you say, hey A lot with level hell both of these levels held I want to be long and I really want to be long once we cross to the yellow and you catch And you could even add it per say so say once we cross the yellow you get a Bookmap volume signal then you can add to it that those types of thing and these are your targets And you can see we're right here and now we now we're above it And then these are dynamic too. It will draw new levels So new levels should be drawn here shortly, but Again, I if I'm showing you something you might want to pay attention to it because I do not just Randomly add stuff to my to my trading and but I'm just telling you this guy that has showed the whole room these Everyone's very excited about it. And he's made two million bucks in the last three months. So He he can't stop talking about it. So anyway, that's the other thing that I use so Quickly now I could take some questions here Bruce while I catch my breath. So I use you know Just recap Bar charts number one figure out structure Market profile number two figure out structure figure out where we are value wise task task stuff Because there are many market profiles I like to see them on a smaller time frame and I like to see the market map to see where the volume is That's number three number four is I use algohuy call them algohuy in the room Very very powerful in use using the context like I said and then number four is the Ludwig Ludwig level We call them lugs in the room now Because I can't say Ludwig level every time I refer to it those are the things that I use and When you can get all those things aligned and then you get Your real time volume again the most important thing you can do because this is what's really happening and what's happening right here guys Look at this 2,500 icebergs right here fighting this so they try to fight it here wrong Now they're doing it again Where are we at? See how this stuff's starting to line up. So here let's let's just quickly do this. We'll do this real time We'll probably put on a trade here right Again, I know I said we're in the middle of a balance area, but there's enough here to go short Now watch this retest if this retest fail. This is the pattern right here. I will short this and then we'll go into why I'm shorting Huge ice failure Move at least three to four points below the zone three points retest if I see red I'm getting in my staff goes above here. I'm gonna go three points above there. So let's get this set up I kind of set up as well Once I put this on again, you don't just put it on the retest you want to see it start to fail, right? I don't know why they keep staying black on me. So you come here. You want to see this start to move away a little bit I got this too expanded. I want to keep it Right so meaning you don't want to just wait and just blindly short I'm going to short this right now because you see the sewing coming in right All right, so I'm short that I'm going three points above here actually I'm going to go above both of these spot gamma levels So it's going to be a little wider not much You know three and a half four points Oh, and that I also use spot gamma levels. I'll get into that as well. Um, those are just basically Support it's not they're out basic. They're very powerful as well um, but they are And he does a bunch of webinars for um book map as well But all it is is he does analysis on options traders the big You know that's some p mark es market is the biggest options market on the planet So the way he analyzes What the options dealer are doing and he knows where the biggest positions are is for these options dealers where they have to hedge Their their options positions with futures. So these aren't just imaginary support and resist just, you know, random lines on a chart You know options dealers are going to be participating at these levels because they have to cover they have to hedge their positions right or their options positions So the way you use these in the most basic sense. I use them is You know until we get here like we get up there these are resistance Until we get above and then there's support right because you know the dealers are going to be hedging positions there So i'll get into that here in a second. Uh, I just want to go over why I took this trade There's enough to go to give this a short try where this could turn around and and solve the other way one The only thing that worries me with these newer levels is we're still above this lot with love Lug that's the only thing that's worrying me About this trade because I've seen how powerful this I would love to see this get below this and then we're coming back down here Or at least to the yellow Okay, so that one's not completely agreeing but that doesn't mean again. That's just one piece of my puzzle It doesn't mean i'm not putting on the trade right The biggest thing is Two big things we are at We are failing to puncture into this prior value where we gap down from Yesterday right This is exactly where we get down from this value area We are having trouble getting inside here a lot of times it'll do that Right, so I already had that in my mind And so this is for example showing how some things are against me, but my my my strongest things I look at are This looks like a good trade. The second thing is what do you see here? Yes, we're pretty much in the middle of this bigger balance And this is what I do with my trade room all the time I make them answer and then we call verbal lashings if they get stuff wrong Then I'll then I'll rip them and if they put bad trades in the room they get ripped to It's half funny half serious like I rip them to make them better traders Right, my room is not a sugar coating room. Like you guys are great. It's why did you do that? What are you thinking? Did you not learn what I just talked about? So it's actually a very good learning experience because in neuroscience That's called a an anchor right like if you get humiliated You're gonna remember that you're gonna remember the lesson right so anyway I don't even know why I just started talking about that. But anyway, this is a straight B line move One into the market profile too. This is where we broke down from that where I showed you the mf5 minute chart That was a directional conviction area. You see it and this was a prior balance This is the bottom of balance So markets can return to the bottom of balance and do that They can return to the high volume note and do that if it got through this Then I'll be watching closely again because now we're through the high volume note of this guy Again, 41 80 is my price. This is high volume right there Right, then I'll be looking long right now. I will still take shorts Right, so I you know, I I'm still both bearish this market based on what I showed you guys they'll break out boom Now we're returning we got through the the bottom of this guy and now we're at the high volume note But we did it once right we couldn't get through and now we're doing it again And now we're coming back to this balance area So this could easily turn over and sell right back down and that's what I'm making on and then the final piece is Um the volume and we got the volume signal, right? So I know Two different times in this area paper big money much bigger than my sixth lot is stepping up to trade this market Right, I mean to stop this market. You got this this and now 2500 right here Are they going to get run over again? If it does that then possibly look long again? I don't really want to be long until we're over 41 80 What's most likely we do this and then we do this at least come back and retest this zone and maybe back down through that So I'm too and then maybe hopefully we'll get some new stuff and then add to the trade while we're around here So here's an perfect example like everything is not aligned in this trade right my two my my three strongest things are aligned market profile my My balance area stuff on the bar charts and then And obviously the strongest thing is the book map as I indicated by What's not aligned? Well, algo guy is not telling me right now that this isn't anywhere close to being bearish Which is fine. You know, I'm not taking I'll pay attention to this But I'm not not taking a trade based on this because so many times this thing If this thing starts selling off, I don't pull that blue right people over red Then you know, you're really Then I know I really have the wind in my back because these algos will be selling But I don't I don't I don't not take a trade if that Proper sense because just because of alga, right? So we know we're above the level level and we know alga is not agreeing I still will take the trade. There's enough here to give this This trade a shot because if this is right, this could be a 40 trade down 40 point trade down Right, and I'm only risking I'm risking like six points on this trade. That's nothing six and a half points Right, so I'm basically risking six six points in my mind if this is correct thesis and this gets rolling back down This could be risking six to make 40. What's that? That's almost seven to one on your money That's seven. So if I take this trade seven times I can be wrong five out of seven, right? So do the math here This is all the time. So if I take so I'm risking six points when I'm wrong Hypothetically just say let's go this goes 43 points, right seven seven times So this is a seven times risk on my trade. I can be wrong two three four five Even six times. Let's say five times. I could be wrong five out of seven times Which is just trying to make me wrong right now But I can so if I'm wrong five times I lose 30 ticks For 30 points, I should say when I'm right in make 43 That's still a 13 point winner and I was wrong a 13 point profit That kind of commissioned everything right, but um still up 13 points and I was wrong five out of seven times That's how I trade and that's what I stress to you guys How you should trade as well and not be scalping one for one Even two to one two to one's better, but one to one you're not going to make it in this game I'm just telling you you're competing against computers and you're going to just turn your commission You're going to turn your account down with commission So let's see if I get my usual stop out to the tick here and then I will reassess right through this area Again if I lose this that's fine if this comes back down. I'll give it another shot It still has some work to do for me to turn bullish on this market You can see where we're at here And what do we say a market ring can remain bearish up until the high value? So right now we're just testing the bottom of this prior Balance that we just broke down from right. This is just the bottom of it. We can even come up to here That's like 40 40 150 something and I'll still take a short right So this will be the second time Paper is going to be wrong again, I give it I usually give the Not usually I'll give my to prove this zone invalid. It needs to go at least four points above it Right, it hasn't happened yet, but I'm just waiting a stop to the tech and then we'll Reassess so any questions versus while I catch my breath Um, not too much. I mean, I I just want to for there's a lot of newer traders in here Uh, and you know, we'll welcome to the webinar, but like Scott went through his kind of process in detail Before getting to book map and he's using Because it's just kind of funny like a This is a book map webinar And uh, you're so accustomed to Using book map that you went through in detail all these other things Whereas like, you know learning the order flow and and using book map for the trading was kind of kind of left out But I just wanted to mention like like some of these things and Like looking at that newer tool If you can verify that in book map by just looking at the volume You know and and the order book like When you see these moves straight up like that And it's on high volume and you see the big volume dots like that. I mean that's telling you something Right. It's telling you a lot and Then then, you know scott is looking at Book map here for very specific things for getting involved in the trade like the stops and icebergs here Along with the kind of bigger picture market structure Right. Yeah, I mean again the volume is the key and you can see a lot of that stuff Like bruce said with the you know with the size of the bubbles and stuff like that I don't really use the size of the bubbles How I use bubbles is how when I see them coming back in the zones like this and if I see the red Meaning mark all the bubbles are market orders right guys that are aggressively going to the market So if I see they've moved away from my zone or retest and then I see red That's my signal to get in right I do look at the bigger bubbles, but I'm more focused on this stuff here Yeah, the newer traders don't be confused. I mean this webinar was supposed to be how I prepare for the market So I'm not trying to confuse you guys, but it's pretty basic stuff. I mean I use a couple of little indicators You know, but other than that No, I mean, it's just you're so used to using book map. Um, that it's like, oh, and then I look at book map Book map is by far the most important part You don't trade the stuff in a vacuum, but nothing is more important guys than the real time volume I don't care where we're at. I don't care if it's a Lug and love with level. I don't care if it's market profile.  You don't see anything going on, right? So Yeah, I if that came across like book map. Oh, yeah book map. No, I mean obviously you guys know for anyone Even the newer traders if the newer traders might be a little confused. That's all Um, I mean like for example, there's the on chart indicator there Scott like there's 3000 there that that traded and that were executed fully executed that iceberg was fully executed And then there was one before that as well For 3000 but it was over a bit of time. It wasn't like a huge spike like that Right, so let me go over that as well. So this on this on chart iceberg is is different in a sense from This right so this graph is different from this that what this graph shows you is net net icebergs, right? So the example I always give so we can come up to an area and there can be a thousand buy icebergs Right and it's a thousand sell icebergs. Well on the graph. It's going to show you zero That's not helpful to me, right? I need to know because again, it's not always what paper's doing. It's the area That's what I want to know is the area and how it reacts to the area, right? So I want to know there's 2000 icebergs there So that was one of my main problems with the SI indicator if there were, you know There were very few because it's the most powerful thing we've ever seen But what this icebergs on chart shows you will show you the exact amount so you can see 3000 traded here This was one house that got executed. That's what the e is for 3000 sell icebergs They're not feeling very good right now by the way But on the graph it only showed you 2500 so that just means that net net there was 2500 But you can see one house took a stand here for 3000 icebergs, right? So that's what this new iceberg indicator is and I'll show you my settings for that. I just use I mean I iceberg on chart The other thing too, I don't really want to get into this it's pretty incredible It's brand new Bruce can get into this and there's other things but you can So again for people that have been on my webinars, I will say well, let's use let's use nasdaq as an example, right? So There's many days when nasdaq so in my course my SI indicator course I have thresholds for markets that what is a lot what's a little what do you pay attention to what don't you pay attention to, right? So For instance for es I pay attention to icebergs that are over 700 if I see an iceberg come in that's like 300 You know like these little guys here They they look very minute with this big guy here, but like if you had the chart like this I don't this is not my my threshold 700. So right here. You see this by iceberg I mean they happen to be in this zone from before that I drew where there is larger size But if I see this on its own, I I'm not paying attention to it. It's not enough. It's not enough It's not a market moving volume size in my opinion and again I made this course last july with these With these values and I'm over a year and a half into trading this thing and they're they're spot on as far as What's relevant? What's not so, you know, so many people get the SI indicator and they're trying to take trades every time this thing spikes It's not relevant, right? It's relevant when it gets over in my opinion when it gets over a certain amount So for for es it's over 700 icebergs. It's over 500 stop runs, right?  Then yes, you can You can use that as a threshold but For the most part you want to stay 500 for stops 700 or more 500 or more for stops 700 or more You'll see like stop runs of 1300. Then you know something really is going on or you'll see icebergs like we saw here This is huge my threshold 700. This is this is Almost four times that right? That's where you pay attention. That's why I took this trade, right? um So anyway, what I was saying is So nasaq many days like my threshold and nasaq and the core setting is like 120 and then But these recent webinars I say, you know, move that up to 150 But there's days one for i'm talking for icebergs and stops actually But there's days where you'll see 150 is fired off like you can see here Look how many times 150 is fired off today are pretty close. Here's 150. This is 200. This is 180 Right that was earlier in the day. So you need to you need to up on days that you keep seeing 180 200 when you need to up your size to at least 180 or I mean your threshold up to 180 200 Because you don't want to see this thing fire off over your threshold 42 times in the day That it's not relevant. You want to see three four or five times in the day. It hits a certain level So right now it looks like 200 is a very good level for icebergs Let's see what stops stops are Yeah, so look look how many times So say we were using 120 as a threshold you'd had 120 like 18 times already, right? These are all over 250 these stop runs are over 200. That's 200. This is 200. This is almost 300 200 200 right so today you better not be using 120 as your threshold for stops. You've got to up up that So what I'm getting at is this new icebergs on chart They have new settings in here where you can this is pretty incredible. I have not used this like yet as far as Really honing in on it, but so you can put in your threshold you want So this is this shows me on the chart 150 so it'll pop up on the chart when 150 or more fires off But what you can do here is if you go automatic size threshold And then you put an interval, right? So this shows me the last 60 minutes what's been What's been a lot for stop runs, right? And then you can do a standard deviation too. So you can see this great out how it's moving around So if I go one standard deviation in the last 60 minutes, what's been a lot for stop runs? It's only 15. So things are dying down right now. That that's what that tells me But if I go let's go 240 minutes Actually that goes back to the overnight chariot. Let's go one 20 Why is that only showing 13 though Bruce any idea with all these 200 last stop runs? That's over the last two hours That the the standard deviation is 13 Yeah Yeah, one multi one multiplier there. Well, this is showing you this is the average stop run, right 13 That's correct. Yeah. See that's what I don't understand because we've had where I was just showing we've had like Well, no, that's it's not even it's not even the average is it's one standard deviation of it Yeah, go go The multiplier take it to yeah, I mean it that's that's and that's what is calculating there So I don't I don't know. I mean maybe it's because you got two hours in there. I don't know Okay, so anyway that again, I don't use this yet, but it's just going to help you determine Hey, what's normal for today versus what I usually use, right? So right now. I'm basically just still using I'll put in my my regular size right 150s For icebergs and 150s for stops So anyway, that's the icebergs on chart, right so And then I also have on here. This has been released the hero indicator. That's a spot gamma indicator We can put that on here too. What all this is showing you It's showing you the options dealers delta where So Again, I'm not the source for this go watch that he just he's just did a futures IO webinar with bookmap last week You can find that He's done multiple webinars, but this this is showing you net delta meaning so if a if if a Like a retail trader sells an option Then or buys an option The dealers on the other side, right? So they have they're basically selling an option So then they have to buy futures to hedge that option, right? So this is Don't get don't confuse yourself the way this works From what I've been looking at it and understood is if it's moving up it's bullish if it's moving down it's bearish So you're going to see some really good setups where you'll see this the market's at highs and this thing is just crashing down Again because dealers are part of the of the futures markets because they have to hedge their futures You know there's been a ton of selling so this move may be done type of things Again, that's another thing that I look at. Um, I'm brand new to that as well. I don't really Base my trading decisions off of it as of yet, but then you can also set up in that indicator you can set up I just put this for so I didn't see a bunch of these but watch if I put this at uh, we'll make it at 500 You know see all these triangles So look at all these deltas that fired off. You can just see how many buy delta sell deltas. That's a little too low Obviously, I don't want all that stuff on my chart um So I made a 5000 but that's too high. I'd say a thousand is a good level. Let's see what that looks like Yeah, thousand's not too bad Where you can just kind of see again guys, you can use this stuff as sport resistance too because if there was 2000 deltas hedged here You just know that there was participation in the futures market and you can use this stuff as sport resistance, right? by the way, was I stepped out of my uh Stuck out of my es. Nope still in it. So again guys. Yeah, I mean first like What we talked about I thought you wanted me to go through my day and what I look at so I mean, I absolutely think Book map is the most is the number one thing I use. I was just trying to show how I analyze and get ready for my day That's what yes. Yeah, no in Yeah, no, you and you did you did in detail Thank you. It's it's more. Um, I just think it's so natural for you now Using book map. There's a lot of people. They're asking. What is niceberg? Um, so Is it to under I mean just in general Um, sometimes I I can give a kind of an overview of what scops doing here Yeah, and that's my fault too. So I'll go over icebergs. I No, no, no worries days, right? I did this every thursday and it's usually for book map global plus and most people know what they are I keep forgetting this as a wide open webinar. So I will go over that quickly. So what at iceberg is is So They're hidden orders in the order book, right? So they're not so you see right here. This is called the dome Stands for depth of market. These are the visible orders So these are the people that want to sell in the market These are the people that want to buy right and you can see it's mostly algos playing games That's why it's flip flopping flip flopping. This is what I used to trade off of This is all I used to trade off of is this staring at this dome Trading off the way the orders would come in You can't do that anymore because it's all algos and it's so fleeting and fast. It's just worthless That's why this is so important now, right? so What an iceberg is is a hidden order While i'm on this market and watching myself get stopped out here A hidden order because think about it. So these algos are are there's so many algos out there They're they're used they're they call it front running, right? So if they see so if I if i'm a big trader these days and I come in and I put a thousand lot in here as a bit They're gonna I just got stopped up. Oh, this should be this should be the end of this move and now it should do this By the way, I don't know if you guys have seen me in my webinars But anyway If I put a thousand lot in here this market will rip up The algos will basically jump in front of me because they know I want to buy a thousand lot, right? They're like, yeah, no, you're not going to buy a thousand lot here We're going to run it in your face and then we're going to put our offers up here We're going to watch you chase it and buy it buy it from us and then we're going to then we're going to push it right back down Right. So that's why they don't that's why you don't see any large size in here anymore because if you put a big order in the order book um, I mean their large size does come in but i'm saying You know if I put it in right here this thing if I had a thousand lot to put on I put it on right here This thing would skip up like the 8x guarantee, right? So paper does not want that to happen They want to get the best fill so they have to put in an iceberg. What's an iceberg an iceberg is Where you have to display only a portion of it in the order book It's like say it's 10 right. So if I have a thousand lot that I want to buy All I have to do and put in the order book Let's actually that's an example. Let's say I have a thousand lot. I want to buy In the order book. I just have to show 100 So the market comes down all happy. Oh, yeah, we're going to drill this hunter lot We're going to push this thing down and they sell 100 and the market doesn't move and they sell another hundred Market doesn't move another hundred another hundred another hundred up to a thousand right So they're like, oh, wait a second. That wasn't a hundred lot. That was a thousand lot Oh, now we got to peel out of these and get out, right? So that's what an iceberg order is a hidden order that big money puts in the book because they can't or puts in the Market because they can't just flash it in the order book because the market will run away from the order. So That's what an iceberg is and then when you see huge size like this, it's usually very very important As far as paper big money taking a stand and you saw an iceberg earlier They took a stand And they got run over and then they just got run over again But again, like I said, look at the high tick of this move That's my exact price But anyway, that was that's what icebergs are. They're just hidden orders in the order book and it's very important to know that If you guys don't know that again, I say it all the time. You could be the best You could be the best Technical chart guy on the planet as far as this is a head and shoulders. This is a Or candle-sick guy. This is a doji whatever Whatever traders that don't succeed look at right even if you're the best at this at reading this stuff Which is this obviously is very powerful, right because this is how it based my trading You still do not have all the information if you don't know what's going on real time It's very important to know. Hey, there's someone trying to sell 2,500 2,000 3,000 icebergs here Right and they just got run over Well, if they didn't hold the market, do I really want to be a seller right now? I probably want to be a buyer See how that works, right? So it's very it doesn't mean paper You're seeing a perfect example. These icebergs aren't always right. What's important is this area is what's important So you know from what from being on this webinar what you've seen today Is two different times big money has come in. Oh, by the way, this is probably the same house and they're not feeling very good right now 3,000 executed. This is the icebergs on chart 3,000 executed. So somebody has sold 3,000 like literally one or two houses that sold 3,000 total icebergs in this area And it's still moving away from them. That is something you probably want to know if you want to be short So you need to say to yourself. Hmm. Well, there's 6,000 contracts that were sold as icebergs And it's still going up. Do I really really want to be short right now? Absolutely not if it does this and then gets through both of these zones Then you say, hmm, those icebergs were actually they held the market Do I want to be long right now? Absolutely not because all of these guys that bought into these icebergs are going to now puke their positions Kind of the same concept we talk with balance series, right? So this is why I don't care if you're the best chartist on the planet You still don't have all the information This is what you need to complete your the picture complete the puzzle to be a successful trader If you are not using this I don't care if you're making money You're going to make 10 times more money knowing what is going on real time, which is the most important factor Which is why book map is the most important piece of the puzzle Thanks Scott. I mean it's not like the a plug that or anything that You know, I was looking for it was just an overview of your strategy is like Just what you just covered Very very nicely of looking at what larger players are doing real time And then understanding like how that applies to your structure So you're looking at the big event on the chart there of like, okay, these guys are In the big event happened at that area at 41 40 and then earlier down at, you know, 41 34 And you're you're outlining those areas and now you want to see the price action around those areas and And then taking positions Exactly just like you just like you did Right. So right and again guys If you think you're going to trade and you're going to make money every trade to put on you're sadly sadly mistaken If you think you're going to be right 70% of the time you're pretty sadly mistaken. You can be a 50% trader Right. Just like I just demonstrated to you, right? Let's use that last example So I lost say a lot of seven points in there. I think it was seven points, right or six points Say I lose six points, right? And then when I when this does work which would happen many times in these webinars and then you get the 40 point move Right. Again, like I said, so let's do it at 50% so let's say I take Six trades and I'm wrong three times and I'm right Three times doesn't mean it's going to go 40 points every time, right But just let's just use this as an example, right because again I I hope for 40 points But say this starts ripping down and then I get a bullish signal on my si I will get out of that trade sometimes it ends up being a scalp, but I'm not trying to scalp I hope that I hope that you guys can see the difference there, right Sometimes this will start rolling down and it'll only be 10 points And all of a sudden I'll see a monster iceberg. I'm out of that trade, right? So I make 10 points So let's just but just for illustration purposes. Let's pretend I took six trades I lost six points each time that I was wrong and I made 40 points each time I was right Well, this is not difficult math, right? I lost 18 points And when I was right, I made 120 points. That's being a 50% So you see the power in when you put on trades Expecting not that you just throw on a trade saying I want 40 points out of this I put on trades saying based on what I'm seeing this Could and should if this gets motor in the other way This could and should be a 40 point move Right. It's that's the difference. It's not I think I just put on a trade and I'm going to hold it for 40 points No, I know this is a very important area that this thing can reject and come all the way back down here This could be a monster trade if this is the if this is the stopping point of this market, right? So that's how I trade when I trade. I'm saying, okay, this is a very important area I know this I know we're struggling to get still struggling to get into this into this market profile Let's make this bigger so you can see Right. I still will go short if I get another signal if we if we get back out of this guy I got to fix this It's I'm still going to take another short But again, I'm taking this what am I doing here because I think if this fails There we go This can turn around and be a mammoth short If it does this and gets back out of here I will take another short if I see something and I think this can go at least down to here Maybe even down to here. So even down to here Which we basically opened up. This is where we open right at the bottom here This would still be a 25 point trade. So I'm missing six points to make 25. That's four over four times my risk Right, that's what I'm that's what I'm thinking could happen based on everything I'm talking about It's not I'm just going to put on a trade and hope I get 25 points I'm saying no, this is a very important area if I'm right, especially with this volume that's coming in here Right. So this is one or things going to have one or two things are going to happen right now This is either going to stop They're going to try to stop this one more time or this thing is going to rip probably 30 40 points because All these guys right now are holding their breath These these 3000 icebergs They're in big trouble So now what happens if you want to be long These are the areas that you get along you don't need to chase this market what you need to do because paper so many times the big money Just magically finds a way to get the orders or the market back to where they got caught so they can what we talked about Early so they can cover so this is the pattern right so say you're like scott I don't like I don't like your thesis for today. I want to be long fine It's your money.  This is what you want to see This is iceberg that got crushed. This is an iceberg that got huge. This is one iceberg Two different times again by the size it looks like it's one house So let's pretend that's one house one one house got run over for 3000 icebergs there Again, don't be fooled by where it's labeling it if you look at it. There's lines. You see this line This is really interesting too, right? Let me get this piano off here real quick So bruce bruce loves when I do this he just loves spreading out these to see the how the icebergs See how he says how fascinating it is but you can see here. Look how this happened and bruce can jump in if he wants but I do This is his favorite part of the of the icebergs so you can see it detected 100 More buyers came in. Oh, here's another 1100 more buyers came in. Oh, here's another hidden 1200 more buyers came in Then it equaled all of these and you can see the line see the black line It's just showing you so again the icebergs didn't happen where this is labeled it happened Where this black line goes to and these squares are absorption indicator. I mean, it's that's another thing That's not that's not associated with this icebergs on chart, but it's just showing you more absorption Absorption just means passive sellers like they're in the order book. They're getting their orders taken They're not going to the market. They're getting them taken. That's what absorption is But anyway, I'm talking about this right so these lines are showing you like this bubble detected 100 of this iceberg and bookmaps programmers Quants They're so incredible with what they've just so they're using this Uses the CME MBO data because everyone asked this right? This is enhanced data go to the CME website Quickly because I do this every single time You go to the CME website Should we do this Just so you guys can read about it and know what you're dealing with MBO data Right I'll tell you mark it by order. This is enhanced data data. You can read the benefits increase transparency blah blah blah Icebergs order IDs Right, so there's actual order IDs on icebergs that the book map developers have learned how to read that and stop runs Everyone knows what a stop run is if you ever put a trade on you better know what a stop run is because that just means you're putting in An order where you're automatically going to get out if you're wrong, right? I'll get into those here in a second But anyway, this CME MBO data is how they're able to determine these icebergs with 100 accuracy So you can see not only are able to see the icebergs. They're able to see it's one iceberg That that's pretty incredible important information, right? So anyway started out detected d 100 Transaction another 1100 transacted 1200. They were finally executed total between all of these guys equal 3000 Right, that's one house. That's doing that Right, that's important to know how did that work out for him? Not real good Then came up here same exact thing. It's like this Here you go. How cool is this to see this stuff? It's incredible. Nobody knows this guys. You're literally like 1% of all traders even know book map exists. It's going to get trust me It's going to explode it it has to but People don't even know this know this information. Don't you think this is important to know? Hey, wow This is what how trans 1300 another 800 another 300 executed 3000 all in this sound So there's been two monster icebergs that have been run over in this area. So what I'm trying to say is now that you know that They're in deep deep deep trouble So The usual pattern is it'll move away. It'll come back here because they because they're so big Are they coming in here again? Looks like it Okay, but either way the usual pattern is it comes back to the area And what did I tell you earlier? This would used to be me when I would sell 2000 contracts It would rip in my face. I'd be praying to the lord to come back. I would get out when it came back So if you are looking to get long I wouldn't be buying up here. I would wait for retests of these zones retest failure You start to see the blue bubbles come in meaning market buyers You get in stop and go below here. That's one area if you want to go along Here's the other if you want to get long right both these areas if you have a long thesis Are incredible areas to get long because these guys are in serious serious trouble Right if this just keeps like crawling up, they're eventually going to have to puke. This is 6000 contracts. Look at the book There's probably not 6000 contracts in the entire order flow book both ways Right, so that's a lot of contracts. They are in some serious pain right now Don't you think you should know that if you're looking at this chart by yourself? So and q stuff going on for that second if you're just looking at this you're like, oh, this is a great short man I'm a great chart reader. I know this is going to fail and this is going to do this No, that's what I originally traded off of and I was wrong But now you know, let's see. Yeah, there's uh, so 6000 contracts tried to stop this market Why do I think this market is going to stop right here right now? Right again, if we get below both of these if this somehow Whoever's stepping up here again You can see more icebergs coming in if they win and then we get below this and then this then yes Then it's going to be we're going to sell up But as of right now you have to stay bullish based on what you're seeing these guys are not winning So I hope that is clear any questions bruce on that No, no, I you you gave a very good overview of of what you're looking at and and how how you're trading around it and That that was all I was trying to try to get at earlier the Answering a lot of questions in here about icebergs, etc Let's see if there's anything else Um So it's basically that so so this is the newest iceberg zone with a nut you can see There's another you can see it on the graph here. This was looked down on my bottom left Bruce, how do I get that floating little window guy that doesn't come up anyway anymore for me? Where I hover over hover over the iceberg? I can see it down on the bottom left there, but I there used to be like a little window that would pop up I don't get that anymore. Do they take that away or something? Um, that's really oh no it's the uh in between the um the drawing tool there and the one right after The drawing tool. Yeah, that's okay. There we go. Yeah. Yeah, I wonder where that went So you can see here. This was another thousand icebergs sell icebergs hidden hidden orders trying to stop this market And they're gonna finally win it doesn't look like it They couldn't win with three thousand Again, this is showing net net, but you can see it here. They couldn't win with three thousand They couldn't win with three thousand This is the same house. They've got some serious Cajones part of my language for you women out there, but It's they're going to be short of total, you know, eight thousand contracts I was acting to work out when they puke and it'll move this market 40 points probably So if you're long, you're loving it right now. You're like, yeah, you got that And again, there's other stuff to look at remember Algo guy Algo guy saying yeah, stay long man This is we're going higher. We're just getting we're just going to hug this blue line for another hundred points Um, and then the other stuff again now we're inside of We're inside it Now this is where I may change my tune on a pullback right because why? Well, we were shorting earlier because I was thinking it was going to stall here and I had help I thought I had help I thought those icebergs would hold the market. No now they're in big trouble So if this thing pulls back to the bottom of this which is going to be confluent with that second iceberg zone I'm going to I'm going to take a long I'm going to take a shot because these icebergs are in big trouble Right Doesn't mean I'm chasing here. I will wait for a pullback to this zone here Which is right at the bottom of that market profile. I just showed you to go along So a few questions to answer really quickly The it's mbo data market by order data. We know It's just more metadata and we know for fact that they're either buyers or sellers Due to what was scott scott was showing there from the cme. There's iceberg IDs in there. You can read about and Let's see. Again, it it's about The event here and then scott is looking at after that event. What is you know the the sentiment on And buying and selling after a significant event has unfolded In this case, you know the 3000 icebergs right And we got another Barrage here or tranche All right, so here's an example from now now we'll get into stop runs, right? So this is and you can see the stop runs on the chart and on the graph right so the stop run was Big for this is above threshold for gold is like 120 in my course, right? So You had a stop run of 235 here and another hundred here. So I didn't draw this zone I drew this zone based on this guy here not on this guy here But it did go up a little higher as you can see on the chart These are showing you stop runs on the chart, right net net stop runs when you see when you condense it That's when you get this this spike here. This is the zone.  Don't be offended. We are not as informed as These big edge funds these big quant funds, right?   You can see this big buying. That's just a puke Signified by that And then it fails, right? That's one. So this looks like it was a dumb and dumber at least temporarily Again gold is pretty bullish. So these even though the setups work. They're pretty short-lived. I mean, this was 30 plus decks here You can see and now we're retesting the zone again And it looks like it's going to fail again. Again, these zones are so powerful just to know where stuff fired off Then there's a there's a trade and see if I can find one I'm sure I could find one in on that. Let's just draw a zone here in Nasdaq. But by the way, this how's this ice doing this sell ice doing too Someone's going to be losing a lot of money today that So here's nasdaq Let's find a let me get this hero off here because I can't distinguish the colors There we go. Let's find a stop and hold here So you can see here We got a stop run of 173 And of 211 you can see look at looking on the chart here. Let's let's use this one See how this worked out. Yeah So let's let's incorporate both of these stop runs in the in this in this zone that we're going to draw So again guys, don't be confused like I get all this all the time Like I couldn't follow your your hand on your mouse and the cursor's everywhere This is me just trying to position my chart. So only time you need to be paying attention is if I'm using the drawer Right or if I'm drawing the zone other than that don't like be flustered trying to watch this hand I'm just trying to I'm trying to get my chart position. Okay, so this is how I draw zones You find where the market spiked you see the spike of the stopper right here You can see the buying right there right make sure you expand your chart So you cover all the prices you can see it started right here. There's the spike See the vertical line my my cross here started there. That's the bottom That's how I'm going to draw that so right now we're going to find where it ended But I'm going to incorporate both those stop runs So I'll show you this here, right? So that went all the way up to here. You can see right around 4 4 22 ish Right, and then that held and then another one came in. So I'm going to it's basically back to back So I'm going to incorporate this now look at this one right So I'm going to make this one big zone I'm going to put the top of this zone here because this is where I think it stopped might have to change that There you go. So that incorporated both these stop runs. So let's make this thicker to so Everyone can see this is a large zone remember because I incorporated two stop runs But sometimes you got it. It is what it is. It's you know, it's what it was. So that's what we're putting in here that time We'll make this 10 there you go. So that's the zone This wasn't even that big. I mean, this is actually for two stop runs to only span 9 points. That's nothing. We have we have zones where I see 40 50 50 points as Nasdaq So anyway This is what you call a stop and hold.   Okay, again, this is all in a vacuum guys It doesn't mean get short this market. I'm just showing you how these zones work, right? This was a stop and hold What do we get?  This is nothing. This is three points We give it 10 points below To to invalidate this zone.   Look how powerful these zones are So if you missed the long Right So you can you can trade these zones one or two way the minute they break out you can get long like right here You know, okay. I'm getting on or you're like darn. I missed it. Okay. Well, then you wait for it Look at this pull back exactly the zone failed gone You once this comes back here You wait to see the market buying out of the zone right there Blue bubble you get along with it your stop goes 10 points below the zone boom You've already got 25 points in your in your favor close to it. It was 25 points here in a second What's the other thing I look at liquidity. What's liquidity? Large orders in the order book just displayed graphically on the heat map. That's all it is liquidity is Big money that puts their orders in and the market gravitates to that big money every time Why does it gravitate? Well, because the big money pushes it to their orders. That's why it gravitates How do I know this because I used to play this game all the time as a big scalper. I would put in Above the market. I'd put in like a thousand a thousand a thousand right and we'd be down here Again, this is es. I didn't trade the nasa back then and I would start buying I'd buy like a hundred I'd buy 200 I buy 300 then I'd wait and see how the market react It would just sit there right and I'm like, okay I'll buy more I buy 300 by 400 and then it would start a flurry of buying because people would Think oh, wow, someone big's coming in here and they jump on my coattails Then I just then I'd really lay on and I'd have max size on and the market would just rip right it Right into my resting orders and I get filled on all 3 000 offers and I'd be done That's exactly what games are being played in this market. Again, I tell my trading room every day You can either get mad at the manipulation or what's what's the saying if you can't beat them join them If you know what they're doing you're not going to get mad at you're gonna you're gonna you're gonna savor it and wait for it You're seeing right now. Hey, wow, we're gonna go right in that about why because they're gonna push it into because they're the big money They put their orders in and then they wait for their opportune time And then they start buying with a flurry and it pushes it right into their waiting offers And then they're out boom and it goes on I can't we saw one yesterday. It was so or the day before it was so egregious and rustle It was ridiculous. I think it was yesterday. It looked like this like and q stops 118 There you go. Oh look at that. Hey, they got filled. Who knew who knew? I'll draw that zone here in a second, but the the liquidity literally looked like this It was it was so egregious. It was like this huge Huge panda red another huge band of red another huge band of red and we were like up here And I'm like, all right, and we were retesting a zone Like I don't really like to short here from a structure's 10 point But I know we're retesting the zone like we had a Broken ice zone a by ice that got ripped and then it came back and then it failed And I'm like and then you know, we're going guys We're going straight to the liquidity and I'm not kidding you within five minutes straight down filled filled filled Paper gets the way as usual Again, if you can't beat them join them How do you know any of that if you're just staring at a bar chart if you're just staring at Fibonacci levels If you're just staring at MACD's you don't that's why book map is the most powerful thing That's not even using the SI indicator. That's just using their basic software that I that's all I used when I first started with book map And I thought it was the greatest thing on the planet and now they just keep adding more and more and more I liken it. I tell people this all the time. It's like I you know once I started going downhill as a scalper, you know as a trader you never give up You're like, I'll figure it out. So that was I would jump from firm to firm and I I spent a year at firm called Wolverine trading Where they're more like quant and they're still around You know, they built they're like more quant traders like basically what we're fighting with the algos now But anyway, they were trying to trying to automate what I would see trading as a scalper But they would come up to me every week and say hey, we got this new this new Tool this new indicator. You want to try it? Like sure next week. Hey, we got this new indicator. You want to try it? Sure. This is exactly what you guys are getting from book map. It's like your own personal Quant fund that is giving you these tools to like like wow, that's incredible. Yeah, I don't like that one as much But I love this one. It's it's unbelievable. You guys this is the most powerful I've been trading please please. I have a little bit experience trading right From good and bad this when I tell you this is the most powerful thing you can ever use in your trading Trust me. It's the most powerful thing you can ever use in your trading period And any other program out there these other there's a couple other ones out there. They're just like they make they're like Book map is them on steroids, right? That claim that they're and they're not and the thing is they're not using cme nbo data and things like that It's like It's a joke. This is this is the best platform you can possibly use to understand what's really going on in this market Oh, and what's this by the way? Anybody know let's I'll see if we get some answers in the room. What setup is this Just talked about it. Here. I'll draw the zone for you started there You want to incorporate all the prices that happen in that zone, right? Let's spread this out quickly Let's see if you guys can tell me what setup this is because I just taught it to you Like if I if you're in my room right now and I ask a question and you don't answer correctly then you get a verbal lashing again, it's half funny, but A lot of times not because I don't like talking to myself and explaining things and people not understanding what I'm saying Or remembering what I'm saying. What is this? What's this setup called?   Sorry Rob.  You're all banned from my trade room Just kidding This is stop. This is not ice. Where do you see ice here? This is see the orange Even I can see the orange on colorblind. This is a stop run 200 plus look at it right there And it's showing you on the chart as well. What did it do?  No It is a stop Here's your stop again guys. This stuff is really complicated the way I've labeled them to like iceberg Yeah, it's basically I call it a titanic. It's like a And q ice 180 90 we're running into an iceberg right that that's I'll I'll show you the titanx up. This is a stop run. There it is And hold This area see this zone It held stop and hold Right. So we pay this as you wait for it You can either get in immediately as soon as it breaks the zone You stop goes about 10 points below because you want again these thinner trader markets tend to flip around right? So you want to give it a little room below the zone and again, this was another tiny zone So this is only 11 points you risk even 10 points below the only risk in 20 points This this is probably going to end up being like a 60 80 point run So we did that so you can either wait for it to do this or you wait for and move away and then a retest Usually I want to see 10 points because here's the here's what I tell my room too It's like you have to determine as a trader how aggressive you want to be do you want to take Do you want to be aggressive again? This is how you determine how you're aggressive and look at your charts and say Hey, do I want to wait and hope this market retest this zone because so many times the market will do this kind of like I just showed you here Earlier, right? I said if you missed it the first time you had a chance another chance to get in So that was this right here perfect example, right? So do you take this this first stop and hold this the one we just talked about that No one obviously was listening when I explained it. Do you take it when we first break out? Or do you wait for a retest we did retest and then there's another chance to get locked The problem is if you wait for retest sometimes it does not retest so like this one we're in right now It hasn't really retested again. I look for it to go 10 points and retest this thing Once I got 10 points above the zone so we're saying 65. This has not come back. I still could come back But this may just rip off the page and you're just sitting here saying oh man I was waiting for a retest and that didn't happen So again as a trader you have to determine do I want to be aggressive The second it breaks out of the zone or do I want to wait for a retest? And again, you're not always going to get the retest we had it again I keep referring to the room because that's all I'm ever doing Um, I had a Russell trade. This is a couple weeks ago this exact look It was actually broken ice and I got away for a retest and did this and then it just And then I went up like 200 ticks and I got nothing and I just got to sit there and watch it So again, you have to determine how you want to trade it. Oh, by the way, how is this? How's this ice doing to sell ice are they doing pretty well today? They're getting crushed crushed So Usually there's another example. Usually you get the retest of these zones. This thing hasn't even been retested. These guys here Here's 3 000 yum. How did that taste?  No, this one? No I'll tell you right now. There's a couple houses on on on the planet. They're that are not gonna have a good day today So there you go You remember what I said if we break the once I said once we get above here This is probably going to run to the other end of that market profile Right and now you got the fuel. You know, there's been so much broken ice 9 000 contracts have broken ice basically This thing is it's gone We're I mean if this has any pullback I will be clicking my heels So if we can do one of these and pull back to the bottom of this back into that ice I will go along with both hands as they say, but it looks like we're just going to do a straight shot right here So again, that's where you have to determine based on what you're seeing. So say, okay. I love market profile All right. I know I know we got into this Valuery finally after struggling Now I saw Broken ice three times. I'm not waiting for any pullbacks when I see it break these zones. I'm in And you would have you know again if you waited for pullbacks It's the one when you really got a pullback on this one This one once it broke above it didn't ever pull back and this one never pulled back And this is we're talking We're going on almost 30 points Isn't this important to know guys Again, I took one short and I said, okay. Yeah, that's enough for me right Because so say you're just looking at You're just looking at the bar chart and you're like, well, wait a minute. No, this thing has to stop like this can't go up any fire. We're Find my chart Like wait, this this this can't this can't be like this is gonna stop now We're right into this right in this balance area that we broke down from like Okay, I got I stopped I'm gonna keep getting short, right? Okay, you're playing out of this you're getting short.  You know exactly why it's not turning around because paper got killed They're wrong wrong wrong This is now them puking out Is what it is Do you want to go short that looking at a bar chart that you may say? Hey, I want to go short knowing this information. You're like, there's no way. I'm going short I'm looking for long opportunities if we do pull back to these zones Which probably is not going to happen now because these guys are in serious serious pain And now you're going to see but now you're probably going to see some huge stop run too Right on the nose, hey, we're gonna get another stop and hold on cue I'm gonna be shacking And that's quite a move Yeah, just just look here guys. So if I if I was taking these longs from here I could have got long on this stop and hold Right, let's just let's just play this out as as this just happened Right again, we were I was showing all this other stuff. So we missed these potential trades, right? But it is what it is. So I'm just showing you for you guys again This webinar is to teach you and not to not to mirror my training anyway, right? So Here's a stop and hold This is the first one we talked about you can get in there or wait for the retest you're long Now you get another one now what you do as we break this on you get in another position And then now remember your stop was down here for this first zone 10 points below Now you can move this stop up 10 points below this zone And then your position the new position you put on goes in the same spot So now you got two positions on your guaranteed profit on this first one. That's 195 by then what happened? Now we're up here And you got two positions on this was another stop run here See what this one was see if we could add it to this They're always perfect when I'm not when I'm not trading them by the way Especially the adding and everything else that's where I would have added this every time if I'm not trading them It's like there's no heat. It's just perfect. This goes goes goes. So here's the next one So what would you have done here? You can see this is where this stopped right here What's this? another stop and hold Right. You got three stop and hold. So now you can add in another position you get in here's the retest That wasn't 10 points, but say you got into the first break You now you say you hit chain four lots. You got in four there. The first zone was down there way down there Let me let me quickly draw this out for you to show you how you could have just made a month making day right here right First trade you got in four right here Stops down here Here's the next zone you got in another four you should hold your stop up based on structure now because you didn't want to lose money Now you have a stop for four and four two positions Now here's another stop and hold now you get in another four Now now you move these stops up 10 points below that zone now you have three positions and if this keeps going you're going to have a month making year making day If it comes back fine, you lost on this first on this one you just added But you've made money on that one and you made money on this one It's guys. It's the most powerful thing you can ever use in your trading guys and girls for the one million time that I said that All right for some a little high gas here No, no, no worries. You've been going for an hour and uh almost 40 minutes. Um So, uh, thank you very much scott. Uh, just reading through a couple questions here. Um, just a second here a couple longer ones Oh quickly the new Ludwig calm lugs these levels that I showed you guys earlier This is the target now, right? You're gonna be amazed that this thing will probably come right to this to this level Once we cleared this we drew this dynamically we drew we got above this resistance from earlier We're talking about this earlier and then we get this yellow drew state above that You watch this is exactly where we're going these things My the one guy's been telling me for a year how powerful these levels are and I'm I've been only watching it for two days and I'm a believer again I'm not using these as In a vacuum, but I'm using these with everything else that I'm doing Number one book map and they're just using this so say for instance We come all the way up here and then I get a book map on sell signal I will sell that up there because I got that and I got book map right on top of my structure stuff. So My fire away Bruce. What are the questions? Um, well, I I think um The cgio Is asking about thresholds. Those are all in scott's course And you know, he developed the trading plan around those so you might want to reach out specifically about those whatever instrument that you're trading but Yeah, I mean you can see what he's looking at here for the nq and the es uh and Let's see about uh data For stops and icebergs. Yeah, it's only going to work with uh rhythmic. You will need to have rhythmic They're the only data providers that provide market by order data at this time Yeah, you get rhythmic through the book map marketplace, uh, or most brokers have it as well Most brokers have it you can you can uh, call up your broker and then you can trade right from the book map chart It with with global plus but and then you can also attend these these advanced webinars, but Anyway, or you can get it from the marketplace if you like if you don't have that option From your from your broker Okay, I think that's about it. Uh scott so Yeah, if I didn't get to there's other questions here if I didn't get to them, um, please reach out to scott directly uh, you know, I put the email and Everything in here. Uh, you've got links to his his content his website his room Etc. It's all in there. So, um, uh, I think uh, I think that's it I mean, this is hysterical like I totally I was watching this one This is another stop run you can add now you have like four positions on but the other thing too that We didn't even cover it. We weren't even look at it. I kept looking at the es market profile. I look at this, right? So quickly Once we got out of this guy You could have been looking long because the Tennessee is to go when you break out of one value areas to go to the next one Right composite and then what we did is when we got up here This is when all those top and holes started firing off now. We're inside this one You can be adding and guess where we're going Right here and look at this level Right around there is the top. What's what else is that? What I just showed you Again, that's how you use everything in conjunction, right? That's this level Right there same exact spot So you can bet we're going up to that price if I had to place a bet which I will do with my trades Hopefully I'll get a chance to get along this still But anyway, you're using this context Right, and then when you start to see the real-time volume confirm it you're in and you would have been in three different times Now for this is another stop run Let's draw this in real quick to see you guys can see it use this Right, this one's 300 remember threshold is like 150 usually. This is another 300 stop runs This is just guys puking, but it's holding every one of them Let's draw this real quick and we'll hop off here And again, this is the stuff I do in my room every day like this is how you learn this stuff Get in there and they they watch this and you know, then they take positions And if they're wrong they get verbal lashings, but on the right they get they get gold stars. This is another stop and run Look at this puke Hold you can be long right now This is what the fourth position now now you trail all your other your three position stops that you were just in They all come 10 points below this note now you have another one on So now you have four stops right here because you added another one if this goes again Hey, look what's up here. I wonder if they're going to get filled here Then you catch this again. This is this was a at least a month making trade What you strive for right so look where that started back down here. Look at look at how much Kind of move this was off of this very first zone down here This is 70 points in county. You're risking remember I said how small this zone was you're risking less than 20 points on the zone Let's just get an exact number to show you right So yeah, so this is 10 points you say you're risking 20 points You already have almost four times your money on just one position Then you added then you added and it's still going This is what you strive for as a trader right The trading is about kind of losing a little making a little losing any break even lose a little make a little And then you catch this type of trade and you make your month or your year And then you do it over again and you do it over again And then you have maybe in a year you maybe have 10 outside days and that makes your entire year Right. This is what you guys I'm telling you if you don't have this information You just don't you don't have all the data. You just don't and you're in your trading blind in my eyes So use my 20 plus years experience to help you understand that you have to have this stuff to Compete if you don't have it you're you're you just don't have all the data That'd be like going in your car and driving with all the speedometer. How's that going to work out sometimes not very good Or breaks let's use breaks as a as a better example All right, Bruce. I'm out of gas All right. All right. Well, just um Note the um all the all the contact information is in there if you want to reach out to scott And any of you masochists out there Should join his his trading room. Uh, if you like the verbal lashing like verbal lashing But yeah, I'll make you a better trader. That's why I tell them every day. It's like it's It's got to make you a better trader.   That's the goal. That's what I want to do. I love teaching and that's the goal of the room So when you make a mistake be ready to be ripped, but they all take an stride and they're all learning That's the most important thing Look at this. Hey, how did that? Hey Bruce, I just want to tell you like basics like any question How's this ice doing here this sell ice? You know, I'm pretty good here And this is this is working on for him. This is quite a run About 9,000 contracts. That's why it's quite a run. Yeah, they're continuing You know, look at just it goes it going against some another 500 another 500 Imagine if you have to get out of 9,000 contracts like how hard that is going to be with this with this size in the order book I mean, that's just that's why you're seeing this move Unbelievable Best thing on the planet guys. I'm telling you this as an indicator is the most powerful thing I've ever seen Follow my twitter too. I put in I always put examples and I say on every Twitter post The most powerful in all caps thing I've ever seen. That's Ionic There you go Okay, well, um, uh, I think uh Yeah Uh, uh, platoon sergeant, uh, pulsini. Uh, David is saying, uh Yeah, yeah, take taking uh taking the lashing there. Um, so I think that that's uh Well done. We've we see uh quite a move here and uh, look at these icebergs just uh all all the way through Pretty pretty amazing. Um, so, uh, no no no more questions. Uh, scott, but uh, uh, thank you Thank you very much for the yeah for the presentation Sure. Um, the next one the next special one we do I'm going to try to pull up some of my old video I was going to do it on this one, but I just I didn't have time to go to search through my all my old stuff But I'll have some video of me trading kind of like I was showing you how I used to Put up my orders and then play the game. So you you guys will you'll see a firsthand It's pretty pretty comical. I might have to mute it because there's some not for kids language most days that I was trading But other than that it should be very enjoyable for We have to put in beeps uh for it Well, it would just be it would be one continuous beat then it would just be like us The whole time Because I would have to talk to myself so my head wouldn't fly off and then when I was talking to myself It usually was not pleasant Pleasant is uh, is dr. Steen steenbarger in there as well Um, some of them he was yeah, because that's how he wrote the book and hands and treasure performance He sat behind me for a year because he wanted to see how I what I was doing how I was doing it So yeah, there's some in there a lot of them been talking me off the ledge Which is pretty funny too. Wow, that's pretty. I wish I was kidding too Okay, well, uh, thank you very much scott. Um, if any more questions, uh, yep follow up, uh, with You know, uh, support at bookmap.com or reach out to scott directly there. Uh, and we're we're happy to help you out so, uh, yeah, thanks again, and We'll we'll catch up with you later. Uh, I guess next next thursday scott Awesome first. Thanks for having me and uh, see you next week. Okay. Bye. Bye