Hi everyone and welcome. This is Kevin with Online Trader Central. Today we're very proud to be able to bring you this presentation. First of all, we're the last person to join. We want to thank each and every one of you for your time and your participation here today before that. George, Dean, Michael, Al joined us. This is Online Trader Central. We thank each and every one of you for your time and your participation here today. And with that, it is time to begin. It is exactly 4.30. And with that, ladies and gentlemen, please put your hands together. Please put your hands together and welcome our host and presenter from the Stock Swoosh. Thank you so much, Kevin. Welcome. Welcome everyone. My name is Melissa Armo and I own a company called the Stock Swoosh LLC. Thank you so much Online Trader Central for sponsoring this today. Welcome to the lecture. Today's lecture is going to be about one high-income paying strategy. If you have any questions, you can feel free to write them in the room. I will see them live and can answer them as we go along. And if we have time, I'll go into more detail about some of your questions at the end of the presentation. If you'd like more information, you can go to my website at www.thestalkswoosh.com and feel free to email me at Melissa at thestockswoosh.com. If you're interested in anything I have to say today, I have a lot of videos on YouTube. You can feel free to go there and check out my information there as well. So, let's get going. Do you want to make, you know, have a career where you can make over six figures annually? You might have a career now, but you might not be making the money that you want. Have you ever thought about trading the U.S. markets? This might be something that you thought about casually, but have you ever thought about it seriously? Are you trading now and don't have any strategy at all? If you don't have a strategy at all, it's a good thing you're here today because I'm going to talk specifically to those people.  Do you wish you knew a strategy to trade that would make you a high income per year? And again, this differs and varies for many people and we're going to talk about that a little bit later as well. Do you wish you knew how to make money consistently in the markets? I know for some people this is challenging and yet it's really all about the strategy that you're doing, whether or not you're seeing yourself profit consistently because a profitable strategy will make you money consistently. Do you want to earn more income than you are now? Maybe it's because you have a family and you're starting to think about the future and providing for children or a spouse and you're thinking, gosh, I really want to start earning more per year than I'm earning right now. Are you at a certain age in your life and this could be your 20s, your 30s, your 40s, your 50s, your 60s, your 70s, where you're not doing as well as you feel you should be financially and thus you feel frustrated like, gosh, looking at where you're at in your life that you feel you should be better off than you are right now at this point in your age. Have you been trying to trade the markets but are falling short of your goals so much so that you feel like giving up? Well, you don't have to give up. You just have to take a step back and regroup. Do you feel that it is time for you to make a change and this is exciting. Change is actually exciting. Embrace change in your life specifically in your trading. If you're doing something right now with your trading and you're not seeing the results, it is time to make a change and change is a good thing. It's about embracing the idea of change. The time to change is now. You have to start somewhere. If not now, when? Later next year, the following year, five years from now. Think about what I'm saying. It's time to unlock the keys to your own success with one high-paying strategy. We're here today to talk about that. What is that? What is that high-end campaign strategy? Well, it's gaps. Unlock the keys to your personal profit potential in the market. By the way, we all have our own personal profit potential. Mine is different than yours. Yours is different from your friend next to you. We all have different potential within us of how we trade our styles of trading, even within the same strategy. Learn how to trade one high-end campaign strategy. This is gaps. Gap trading is where the real money moves and momentum of the market take hold. They take hold in these gaps, and trading gaps makes it possible to trade for a living. In fact, if there was no such thing as gaps, I have yet to find any strategy that exists that's even remotely as profitable as this. It might not be possible to really make a consistent profitable income-generating living in the market without gaps. I'm talking as a day trader, not as an investor. I'm talking as a consistent day trader. That's what we're going to talk about today. One quality strategy is really all you need. One quality strategy is all you need to pay yourself on a regular basis. Knowing one good strategy, you can replicate over and over and over for profits, can change your trading world. It can take someone from being a terrible trader where they're losing money into a profitable one, and it doesn't have to take that long. In fact, it could happen overnight. It's the strategy that sets up that takes you where you want to go to make the money. Having one powerful strategy that pays will open up your eyes to the true profit potential of the market, which many people, once they trade for years and years and are doing something stinky, start to feel negative about the market itself like it can't provide for them, but that's not true. It's whatever you're doing. The market can offer you a real lifelong career if you have a strategy that makes money consistently. Professional gaps are a high income pain strategy. We're going to talk right now about professional gaps. This is actually what I do. This is what I do personally. This is what I teach. This is the thrust and crux of everything we're going to talk about today. What is a professional gap? By the way, I made this definition up. In fact, I went online just to see what is out there about professional gaps. Even though I know this is what I do, I know there's not a lot about it out there. I went on to Google, there's next to nothing. Then when I read the definitions that other people have for professional gaps, guess what? I completely 100% disagree with the way people define them. In fact, they're incorrectly defining them. They're incorrectly teaching people how to trade them, which is probably why people don't understand gaps in the first place, even the gaps in the way that I do them. What I really do is professional gaps. A professional gap is a gap that moves in the direction of the gap. It is called a professional gap because professional traders and investors are making and creating the gap. That's what the definition is of a professional gap. That is what it is. So in the case of a bullish gap, professionals are buying the stock. It's new buying coming in, new buying that is coming in. They're buying the stock and giving it a lift. Therefore, the stock moves higher on the trading day. In the case of a bearish gap, professionals are shorting the stock or selling out of it too. Therefore, the stock moves lower on the trading day. That's what I prefer to do. That's what I love to do. I actually love to short. What I do, my system, I name the golden gap and I name my gap rating system the golden gap because it's like finding gold when you find these things. Finding gaps that rate high per my system that are also professional gaps is like finding gold to me because it's a way to make money in the market and it works so often and so well. So golden gaps really are professional gaps. I've never said this before in a public setting, but that is what it is. It's just my way of qualifying them that is special to me. They are made by professionals though, professional traders. They are gaps that have a high odds of working on the day in the correct direction of the gap with a large momentum move. And that's why they're so great because not only are they made by professionals, they also have big moves. And why do they have big moves? Because professionals who run big money are making the gap in the first place. So the golden gap is all about high probability. Anything that can put the odds in your favor to trade will give you an edge. The 26-point golden gap rating system, which again is what I do, it gives you an edge. It reads the price of the gap and using technical analysis on an advanced level pinpoints which talk to trade that day in a much direction. The high probability is in the quality and detail in the rating system. 26 points is an enormous amount of detail. It takes about 5 to 10 minutes to rate one gap if you're new and it takes less than 5 minutes once you become experienced with the system. So the idea is to trade professional gaps and rate them. So if you're new it could take you 5 to 10 minutes. If you're experienced it's less than 5. And again, who makes gaps? I mean who is doing this in the first place? Professionals but who are those people? It's people that have institutional money. Gaps are created with large institutional money in the market. That is what makes the gap. The professional gaps that happen and play out in stocks are formed by one thing and one thing only, large institutional money. Therefore you need a way that will help you pick the correct direction to play the gap. And not only that, confirm that the large money will flow with it by having a formula to rate and qualify the gap. You get confirmation and you get conviction that the large institutional money is on your side and then you play it again in the direction of the gap. Gaps are an event and create a sense of urgency. Thus an action is being forced by participants of the stock. Who are the participants? People that are holding the stock overnight. People who are in long-term investors in a stock. Swing traders, core traders, anyone like that. Not day traders because day traders aren't in these overnight when the gap is occurring. So it's power money people and power money people do hold stocks for longer term trends. This is why gap trading is incredibly powerful. Trading gaps is a powerful and profitable way to trade because you're trading on the side of the power money. Okay? So you have to learn how to trade gaps before you can trade them. I talk to lots of people and they think they know how to trade gaps. And I listen to them talk but I realize after that I start talking to people that many people don't know how to trade gaps. In fact, less than one percent of the people I've ever talked to knows how to trade gaps. It's one of these very, very, very, very, very specialized things. And even if you think you know how to do it, you might not because they might work half the time and half the time they don't. And you can't figure out why and don't understand why. And that's why I'm explaining to you today what a professional gap is. You have to learn what to look at and how to look at it in order to achieve the income results. It's like if you were learning a new language, like if you didn't speak English, you'd have to start by learning the alphabet and you'd have to learn how to pronounce every single letter in the alphabet and then you would go on to learn how to form words. You would start from square one. It's the same way with trading when you're in a new strategy, specifically something as specialized as gaps. And ultimately, trading is for income, so you really want to learn how to do it right because if you don't trade correctly, what happens? What is the result? You lose money in the market. So trading is one of these unusual careers that you take and embark if you decide to do this thing. If you do well, you make money. If you do not do well, you lose. So you have to learn what to do because trading is about income. It's making income and it's visible results that count in making the income. And that's results that you got to see.  And if you can't do that, then what you're doing may need a total overhaul. Visible income means paying yourself, booking the money, stopping, paying yourself a check, booking the money, stopping, paying yourself a check, whether that's once a week or once a month or whenever you decide to do it. This is how you're going to get somewhere where you're saying, yeah, this thing is working. And this isn't about losing two months and around the making money the third month or losing three months and around making money one month. This is about making money consistently over the span of 12 months enough so that you could say, this is my career. This is a high-income paying strategy because I actually could do this thing for a living. I could quit my day job and do this thing. And how do you get to that point? Well, you've got to learn how to do it. So again, it's about income generation over and over and over. That's how you can feel the conviction to rely on it. Someone said to me today, well, how do you know? How can you, how do you know to get past the fear of taking more risks so you can actually risk more to pay yourself enough because you have conviction in the rating system itself. And the rating system itself gives me conviction to be able to take the risk that I do personally to make the money that I need to make. Because in the end, trading with small size or trading with size makes no difference. You're doing the same thing. It is about the level of position size you're taking to stock to make enough money to be able to pay yourself to do this for a job. And you can't do that until you know what to do. And the rating system tells me what to do. So what do you consider high income? I mean, we could talk about this all day. I think that many people have different ideas about this. And I'm using, you know, six figures a year, American dollars as just a general idea of something that you could look to make. Although some people think 250,000 is a high income. Some people think a million dollars a year is a high income. The whole idea is if you start out and have in your head that you want to be able to make six figures doing this, you'll eventually get where you need to go as far as wherever you want to go, 250, half a million a year, whatever it is. And we're going to talk about that later on at the end. So the average American income, and I know some people here do not live in the United States, but I clipped this off a Wikipedia that in 2011, which is the most recent findings I could find, the average household income, median household income in the US was $50,054 per year. So really, if you ended up making $100,000 a year trading, you'd be making twice as much as the normal US household. And I also found this as well, this is close to the same number. This was from another site in reference to looking at social security. It was 42979. So again, this is close. So it's selling between 43 and 50 is the average national income for people in the United States. And again, I know people live in different countries, but I'm using the US because this is where the market is. So you figure if you're able to make $100,000 a year trading, working an hour a day, and which is much less hours than some people work who are making the average income of $50,000 a year, they're usually working 40, 50 plus hours a week, you are doing well better than most double the income that most people are making in the US. And if you can make six figures a year trading for at least one year, you are on your road to be able to making more. Or you could just decide you're going to make the minimum wage, which by the way is only $725 an hour. Actually, I had to look it up. I didn't even know what the new minimum wage was. That's how long it's been since I ever made the minimum wage. You have to ask yourself, am I satisfied with this? Or do I want something more with my life? Where do you see yourself in one year? Where do you see yourself in five years? Could you even write it down a piece of paper? If I asked every single person here right now in the room to tell me how much money do you want to make in the next five years? Would you even know a number? Could you even say I know a number? I know a number exactly what I want to make in the next five years. I have an exact number in my head. And this is what you need to ask yourself. I have a number in my head for the next year and I have a number in my head for the next five years. And you could even think bigger if you wanted to plan long range. But this is the kind of stuff you have to think about otherwise. We do this. We all do this. We stay stuck in ruts. We stay stuck in ruts. We just like to be in ruts as human beings. We get in patterns and we find it difficult then to get ourselves out of it. It's time to start thinking about some goals. And the end of the year is a great time to do that. When you decide you want to become a trader and see more potential for yourself and your own income, you're really about self-reliance. Relying on yourself and no one else. When you get to a point where you want to rely on yourself, it's a point of realization in your life, wherever you come to this whatever age, that your life is your own creation. For me, it was somewhere between the age of, I'd say 35 and 38. It took me between the age of 35 and 38 that I realized that I was the own creator of my own life and destiny. And for years I did a career that I didn't like until I found out about the market.  You and only you. When you start to acknowledge your own personal power and your ability for personal growth and to learn something new and make more money, you will be amazed at how things come together and how much your life can change for the better and how much you can do it, how powerful you are to do it that you really can do it. You might not think you can, but you can. I have people that have met up with me that have traded for years unsuccessfully and they are not youngies, okay? They're not in their 20s, you know, and they're doing it. Sometimes it's just about opening up our eyes and seeing the possibilities for our own life. Sometimes that means learning a new trading methodology or a new career path. For me, it became trading the market and trading golden gaps using my own checklist and rating system, which we're going to talk about here. So the golden gap uses a 26-point checklist to trade. I write down and go through each morning every gap that I see and I rate them. And again, the better you get at doing this, the less time it takes. So it's, it's a rating system, a rating system to find gaps because there's a lot of gaps in the market and how do you know which ones are professional gaps and which ones aren't and how do you know which ones of the professional gaps that are happening are actually going to fall through and have big moves. Well, the idea behind the system, the rating system, is to find stocks to trade that have number one, a high probability of directional bias for the entire day. Number two, a big move on the day. Number three, early confirmation of my bias in the move, which is between 9.30 and 10. So I want the confirmation it's going to set up a move by no later than 10 a.m. Also, precise entries with follow through and a good risk to reward because in the end, when you're trading, if you have a good risk to reward, that's going to be able to take whatever money you have and maximize it. You're maximizing it for trading, getting an entry where you're having good risk to reward follow through. So the philosophy behind the system that I created for myself was to analyze a large time frame to make the trend decision on the directional bias for the gap, which is a daily chart. So all large traders of every kind look at large time frames to make decisions, particularly institutional traders. Again, this is why the professional gaps. So the professionals are looking at what they're looking at the daily chart. They're not looking at at a 15 minute buy or sell set up. They are looking at the daily chart. So that's where the bigger time frame comes into be with the professionals. Also, the philosophy is to make entry decisions and exit decisions based on what? A small timeframe, which is the one minute chart, which has a high degree of focus and accuracy. So as a day trader, you're trading and you have to be flat by the end of the day. You want to take precise decisions in a one minute chart so that you can maximize your risk to reward and have good exits and good entries. And to use the daily chart to make decisions for the stock pick allows for accuracy in the direction and then using the one minute chart allows for good risk to reward trades with accuracy. So you have accuracy in the one minute, you have good risk to reward in the one minute and on the daily chart you're with the big money. And this is how it all comes together. So ultimately, like I was saying, trading is really about generated income. You could generate income twice a week, three times a week, five days a week, 10 times a month. You don't have to trade every single day if you don't have time to do it. If you only have time to trade part-time, you could do part-time then. Whatever time you have to devote to trading to generate extra income, it matters. Gap trading offers traders visible income production. Why? Because you can have a big move in one day and have a really nice money in your P&L to look and say, yes, there it is. Now I see the money. Learn something you can replicate in the market over and over. If you've been looking to make a high income in the market, then look no further. Golden gaps are a highly profitable strategy to trade. And you can make money to pay your bills, live a full life, and work in less than an hour a day. And what do I mean by full life? I mean a full life where you have time for yourself, time for your family, time for your friends, time for leisure, and where you're not struggling to pay your bills.  Remember, the reward is financial freedom. This doesn't necessarily mean living on a yacht, okay? Financial freedom means you don't have to be stressed the heck out about where the money is going to come from to pay your bills. And you do have extra money for Christmas presents, for Hanukkah presents, for taking a one week vacation over the holidays for whatever you want to do. So what do you consider a high income paying strategy? Well, we're going to look at some examples here. First one we're going to look at here is HTZ. Talk about a beautiful example of institutional money. This gap that happened back, this was the end of September, just two weeks ago, was a really nice big powerful move in the stock. Beautiful gap, close the night before here, approximately above 2550-ish, and open the next day here right about $23. And you know, if you're looking at this and you don't understand what's going on with this, if you don't understand professional gaps, you might think that this gap was going to reverse. Why? Because it hurts gap down and actually gap down to support. The support was a 200p moving average. That is not the correct way to read the gap. Remember I said earlier, it really takes a certain way of looking at these to know what you're looking at, to know what's going to happen here, what's going to happen in the open. Of course, in the morning, you're seeing the gap gapping down and if you are reading this incorrectly, you are going to think this is a buy in support in the stock, specifically because it traded red the day before, traded red the week before and actually had a sizable gap down. But the fact is this was nowhere nearby. It was actually a great gap and it was a perfect gap and it had every right to be aggressive in this and it had a huge, huge move in the day. So again, what are the professionals doing with this? The professionals on this day, this specific day back in the end of September 26th, sold out of this. They sold out of the long positions in this and actually a bar this size typically has shorts in it too. So here was one trade you could have done in HTZ. Again, this is aggressive but this is exactly what I do and what I'm teaching people to do.  Drops down here, rallies up. Here's a short entry in this if you want to do it. Beautiful, beautiful move. And again, do you see how if you thought this was going to be a buy, you might have bought this year and you would have gotten stopped out. Where? Here. Or if you put the stop under here. It was not a buy, not a buy at all. Even look at this. It's still not a buy. It's a short. So again, my rating system tells me that this is a short. Why when I rate the gap? I rate the gap, it rates over 20 points per my 26 point rating system. I know it's a short. Not only that, I knew it was an amazing short. Top watch for the day. So here's the trade you enter here. Here's the first trade you take it and you can be all out. And look at this. I mean, you could have actually been done in 10 minutes. If you wanted to just take this trade and be done in 10 minutes, you could have done it. Entry time was $9.34. Price of the entry was $22.90. Stop was over $2,305. Risk was $0.15 and this is an advanced risk. I did not do any beginner risk in this seminar, although all you'd have to do is just divvy this up by two or a quarter if you want to. If you want to take less risk than this. Exit for the first trade was $22.50. Write in a number. Tell the profit was $1,400. Risk to reward in this is almost three. It's 2.67 times the amount risk was made in profit. So in 10 minutes, you could have made $1,400. That's a really nice visible result to see. $1,400 is nice. It's nice money to start out your day. Boom. You're at $1,400 in 10 minutes. You can take another trade. So you could take another trade in this. What are you going to do? Well, this is a five-minute chart of HTZ. So say you decide, I really like this thing. I just booked this money. What am I going to do with this here? I think I'm going to risk a portion, only a portion of the money that I made in the first trade and take a second play in HTZ. What should I do? Well, the second entry came later. It was 11 o'clock. Again, a reversal time in the market. Price entry was $22.75. Stop was over $22.85. This was a $0.10 risk. Again, you could be tight with stops like this, particularly in the morning. And it's still morning at 11, although it's starting to get later. On $5,000 shares, you would have risked $500, same risk as the beginning trade. Exit was $21.30 if you followed this through to the next move. And it could have gone to $21, although it didn't. I'll go back and look at it. Total profit was $72.50. And the risk to reward was $14 plus times the amount you risked made in profit. And this is on top of the $1400 that you could have done if you did the first trade. So you almost would have made $10,000 in this in one day. Now you did risk $500 in the first trade to make that happen. But on the second trade, you risked $500 and you had made $1400. So if this would have bombed, you still would have made $900 on the day. That's still real money. So let's look it in here. Here we go. Beautiful, beautiful entry in the 5-minute chart here on HTZ. Second play in this, if you wanted to do it, you played this move in here. You were out. You booked it. You booked the whole thing. You're out. Profit, you could have stopped. Left and went to the gym. If you wanted to redo this, here was the entry. Stop is over the base and you take it and you take it all the way down. And you actually could have taken some out here. But at this point now, you already have $1400 on the day. You're ready up in this. When it rallies back, you can lower the stop. And here's where you get the drop off.  You see here at the double bottom that it doesn't break and go to 21. You're out. And this is a really nice trade actually. So you can make this kind of money in one day. Now in total amount, you can say, well, I risked $1000 to make almost $10. Yeah, but that's still a great payout. And you really only risked 500 because the first trade, you risked you made $525. And then you risked $525 and you made $14. So minus this out, if this worst case would have failed, you would have made $900. I'll take $900. $900 is a good amount of money. So do you consider making $7250 in one day in one trade a high paying income strategy? Yes, yes, it is. I mean, honestly, you really only need to duplicate that two or three or four times a month and look at the money that you could be making. Again, this is an advanced risk. Okay, this is an advanced trader. This is someone that knows exactly how to do this, how to rate the gaps, how to find the entries. And not only that knows where to take the entries, how to size themself properly and put the stop. And this person is not going willy nilly because if this second trade failed, again and again and again, shorting stop. If the second trade fails, you stop.  Again, self-control and discipline. Let's look at another one here, Lily. Beautiful fall through on Lily, not just the day of the gap. Lily also followed through the second day and I woke up this morning and I saw Lily today and I saw Lily is going to break again today. So, you know, and today and the day before here, we're not, these aren't gaps.  But this is a beautiful gap here that happened just last week on Lily. Look at the size of this bar here. And it really did work out right this day here. This was actually the day of the earnings. This followed through and continued right in here and has dropped down now and continued even further. So, what was the entry on Lily this day? Well, let's look at it. You could have actually been very aggressive with Lily right here. But if you wanted to wait, wait for what? Wait for confirmation. Wait for confirmation and was going to open and break.  Now, would you have held this on thrill? Well, let's look. Let's look at the entry and then the first target and second target in Lily. Entry time was $9.55. Price was $49.87. Stop was over $50. Risk was $0.12. So, on 4,200 shares, same risk for this advanced trader, $5.04. First exit was $4,905. This trader would have booked $3,444. This is still a really nice trade. This is a beautiful trade. And the second target, if you had the guts to hold it all the way down where double bottomed in your out was $48.50. It actually did not break that. $57.54 was the amount here. This is a risk to reward of $11.42. So, again, this is more than 10 times the risk. Now, how often do you get these trades? Well, in earnings season, you get trades like this a lot that will go $8,910 or more. In non-earning seasons, you do have to be picking. You might get a couple of months that run like this. I'm not talking the ones that make 3 Rs, which is mostly consistent for this gap system that I teach. I'm talking about ones that have really big moves like this. In earnings season, you see them quite a lot. How do you know to find something like this? You have to be able to rate the gap. You have to be able to rate the gap and follow through and play the gap and hit it and do it. So, the first exit on here was down into here, this drop off. When it didn't get down to $49, for all you know it could have been done. And this is still a beautiful trade where you make over 3 grand. And here's the final exit. And if you stay in something here through this, you have to lower the stop. And then you're in this and a double bottom is in your out. And this is a beautiful, beautiful move. So, do you consider making 57.54 in one day in one trade, a high-end campaign strategy? Yes. The answer is yes. Just like these people here who are cheering and celebrating and are at the beach, they finish trading early in the morning. They were done. They went golfing. They went to the beach. They did whatever they felt like doing because they basically just had their weekend in one trade. So, I know a lot of people know that I do bearish gaps. And that is my favorite thing to do. And that's what I'm teaching people to do. But I thought I would put a bullish gap in this class today because a lot of people ask me, can your system be used for bullish gaps? And the answer is yes. Now, in the class, I teach all the 26 points the first day of the class. And they're all for the bearish direction. However, if you really have a pension for trading bullishly, and that's what you love to do, you could take the class and flip the points to the upside. You would just flip them in the reverse. That's the difference. And I do often see and call bullish gaps in the trading room simply because I know people do like to go long. And I can spot them just as easily as I spot bearish gaps. And honestly, I've gotten so good at doing my own system. Sometimes I don't even rate these things. And I know that if you went through the process, they would rate. And FDX was one of these that just happened. This was the middle of September. This nice, big, fat green bar here in FDX was a professional gap. New buying came into the stock this day, and it had a big nice move higher. So, I thought I would show this example for people who like to trade bullishly, that you can actually learn my system and flip the points. Although, particularly, I like to trade to the downside, this is a personal preference, that's all. So, here this is a one-minute chart on FDX. Let's look at the play. Entry time was $9.42. Price was $1.1329. Stock was under $1.13 at $1.1298. Risk was $0.31. Again, similar risk, around $500, $5.58 is trader risk. You have to have the buying power to be able to take this type of position in this price point. Or you can cut it in half. Eggs is $1.1550. Total profit in this trade is $39.78. Again, a beautiful risk to reward trade. Over 7 times the amount risk made in profit, turning $5.58 into $39.78 in just a few minutes. So, let's go look at it. $9.42 is a setup. Stock opens and drops down here. You actually could have aggressively taken it here, or waited until the $9.45 reversal time. And here's the entry. And here's where the stop is, right in here. So, you take the trade to get the run up. You could be out here. But at this point, now you're waiting until the next reversal time it runs up. And you get this nice elongated stretch bar here. And you're out. You're out as quick as you can be. And this actually could have gone even higher here in this move. The move on the actual day did lift over that area. The move on the day almost went all the way up to $1.17-ish. I think it did go up to $1.17. But, you know, this is a beautiful trade and you can't give any of that back. And there it is. Another great trade. How did you know how to do this? You take the point system and rate the gap. And this is to the upside. I prefer to trade to the downside because short moves happen so fast when they seem to happen. But I do know that people like to trade to the upside. So, I'm showing that you can do this. And I do make these calls and point these out many times in the room. So, do you consider making $39.78 in one day in one trade-high-paying-income strategy? The answer is yes. And this is a reason to celebrate. This is a reason to celebrate. I mean, once you realize that you can make this kind of money in one day, in one trade, or in two trades in one day, that you can make your week in one day, I can't tell you how much stress that takes off of yourself. And even if you're risking $500 a trade, which is an advanced risk, in the end, do you see how one of these trades would absorb three losing trades and still make you profit? Five losing trades and still make you profit. Two losing trades and still make you profit. But ultimately, if you're good, you shouldn't have that many losing trades. But this absorbs the cost of commissions. It absorbs the cost of room fees. It absorbs the cost of ECN fees and still pays you and some losses and still can pay you. And that is how you can earn a living doing this.   You're not going to make it and you're certainly not going to be able to pay your bills or even make anywhere near a six-figure income. So the golden gap strategy has a great risk to reward payout, which creates the high income potential. That's really what makes the potential for this is the entries, what I'm teaching and pinpointing the right stock to move like this. And what do you consider a good risk to reward payout? Well, for me, it's three to one or more. That's the minimum of what I'm looking for three on the low side. And with targets of eight to 10 or more if the stock reaches the dream target. How many stocks reached the dream target? I actually went back and looked in the month of August and September just for two months. There actually were 19 gaps that reached dream targets in the month of the six-week period that I looked at from August until the end of September. It was the middle of August to the end of September. That was a lot. I even I was surprised considering it was a summer period for part of the period and it wasn't even earning season. And 19 gaps went to dream targets. So that's a lot of money if you added up. One to one is just not enough risk to reward. What creates such a good risk to reward payout? Precise entries combined with the gap momentum, the professional gap momentum, the professionals that are making these gaps in the first place. So the golden gap strategy consistently directs you to the power source in a stock to determine the correct directional bias which is how you're going to make money because you can make money if you're in a stock going long and when it's a short or vice versa. The golden gap strategy uses a rating system which pinpoints opportunity for you to enter before the big move happens. Many times if I have nothing to look at on a day I get up in a Monday morning there's nothing to look at. I scan but by the time I find things on my scanner the moves have gone. So this is why you've got to learn how to trade gaps and if there aren't any gaps in the morning then there really isn't anything to do because by the time the move set up and happens and the stocks go and trade they're just trading in a certain direction with momentum you won't get the entries. You'll be late. That's what's so great about trading gaps too. You can have everything figured out ahead of time at nine or in the morning way before 930 rolls around. So how much to risk per year to make over six figures a year if this is really what you want to do if this is your goal and I don't know if this is your goal or not but again now we know that actually if you were able to do this you are making twice the amount of the median American income and that's pretty good. So this is a first nice good goal for someone to get to after they go from beginner into the advanced stage. So on average to make $100k per year is an annual income trading gaps and normal risk unit of $250 per trade is suggested and this is not insane. Once a trader is experienced with the system and good at holding to targets even using a $200 risk unit could achieve this goal. In other words you certainly could do that only risking $200. This is a very conservative figure okay but I'm giving you some examples here of what you could think in your head what do you need to risk about $250 per trade in order to make six figures a year. So for example and I'm just breaking this down $500 a day is $2,500 a week that's $130 a year $300 a day if you make that is $1,500 a week this is $78,000 a year $150 a day $750 a week this is $39,000 a year to be able to make $39,000 a year extra income working part-time hours is actually very very good many people work part-time jobs and don't make anywhere near 40 grand a year some people work full-time jobs and make 40 grand a year to be able to make $130,000 a year though income working part-time hours is actually great and by part-time hours I mean 20 hours a week or less and if you're only working two hours one hour in the morning per day that's certainly part-time income you have time to even have another job or another career or a business yourself just like I do if you have the extra time because you have time on your hands time of time to do things time to earn more money if that's your goal if that's what you want to do now many times how it works out is it's not like you get up every single day and make do do do this is usually broken up you might have three days a week where you make $1,000 a day and then two days a week there's nothing so I'm just giving you an average here but this is kind of how it all flushes out because you know if you risk a certain amount per train you're going to get where you need to be again it's looking at the bigger picture on an annual basis how you're going to pay yourself and how much do you need to risk to make $250,000 a year because if this is what you feel that is actually a high income salary which may be for some people and some people not depending on where you live then I'm going to give you some kind of an idea here once you become skilled at trading gaps and rating gaps you can increase your risk accordingly if you want to make $250,000 per year as an annual income trading gaps a normal risk unit of usually about four to five hundred dollars per trade is suggested and again this is advanced but this is what you'd have to risk to get to this point and actually you're probably making more than this if you can risk this once a trader is making over $250,000 per year the sky is the limit once you reach this level you have a lot of opportunities you could trade for yourself or for other people as well people will be throwing money at you if you can trade like this because the sky is the limit for you why because this is astounding this is where you know you've made it and actually if you're making over $100,000 a year trading you've made it you've made it you're making more money probably than your friends who are traders that are struggling for years I'm going to get to this point here you know you've made it and it's about consistency it's about consistency you have to do it over and over and over and over and over again for years and then all of a sudden you're making more over a year once you know how to make money in the market you can set your own course whatever that course is you know retiring early maybe want to become a millionaire you know you never know what it could be you can set your own course you could trade your own money you could trade someone else's money you could go work for someone else you could work for hedge fund you think that hire you if you could prove you could trade like that absolutely you could go get a job at a trading desk and they'll give you tons of money to do and you'll manage it you can do anything you want once you can prove that you know how to trade and people will be knocking down your door and and for some people it's just about having their own type of personal freedom and job security and in the end this is important job security in today's economy so let's talk about it and what a great time to talk about this considering what's happening right now in in the US government with the debt selling coming up today's world is not the same it's not the same as 25 years ago or 10 years ago or even five years ago before the bank bailout what we think is a secure job today may be gone gone tomorrow look at the world economy and the decisions that lawmakers are making for you for you and for me too do you want to create your own future do you want someone else to determine it i want to determine my own future and that's why i decided to train we can be great employees productive outgoing hard-working people and it may not even matter to our employer in the end if the company can't keep you on every day in the last two weeks i've turned on the television and i see something we're laying off more people they can't afford this new healthcare law that's coming in effect and companies are laying off people are putting them back from full-time to part-time and these are great employees hard-working they don't deserve this if a company has poor management they might fail it has nothing to do with you or if the laws change actually or your industry might fail again nothing to do with you and none of this has anything to do with you and when this happens what do we tend to do is get us human beings and we are emotional creatures we tend to feel depressed we blame ourselves we can't understand what's happening we feel angry we feel frustrated don't go there take it upon yourself to look at it as an opportunity and actually beyond that take the opportunity before that situation even takes effect in your own life make the decision now you are a skilled person with a great mind you can work for yourself in the market you can create your own job security you can create your own opportunity by taking upon yourself to learn how to trade the market and make money trading and find a way to make more money now extra money even if you don't want to quit your job and everything's fine how do you know what's going to happen how do you know you have no idea if you learn how to trade deal of extra money coming in you'll have a stash you'll have you'll have money in the bank in fact i was talking about this the other day cash is king cash is king when the when the markets get bloody and everything falls apart in our governments if you can bankroll yourself and have money in the bank you're going to do well you're better off carrying some debt and having more money because when the shit hits a fan if these places go under no one's going to give a crap how much you owe them cash is king and that means you need to earn more the only way to have cash ready cash on hand is to earn more because the banks aren't lending it you've got to earn it and how you're gonna do that there's only a certain number of hours in the week and there's only a certain number of hours in the day and the great thing about trading is it doesn't take that long it doesn't take that long to make this kind of money i have never in my life worked such less hours for so much pay now it did take me three years to figure this stuff out the stuff that i'm doing now myself and teaching people that that was a time investment but for you if you come to me and meet up with me it's certainly not going to take you that long because i'm teaching you what i know and and in the end now i'm doing something every day that takes so little time and it's about self-reliance and personal freedom and this can be yours if you decide that you you're the only power in your life you are the one that's making decisions you and only you that all these other sources do not have control over you don't let it happen where you get down that row and you start to feel negative you have to keep your spirits high so what do i do i do the system i've been talking about called the golden gap and the more often you make money on a consistent basis the more confidence you will be building yourself and this matters and the more conviction you will have in your own ability to trade well and this matters one of the most valuable things that you learn during the golden gap course is to have conviction in the golden gap strategy so you can go out in the market and press the button and risk your money to trade this conviction will help you produce positive results positive results and visible results and that's what you want to see staying positive might be a challenge for some traders but it is a requirement a requirement for success you cannot do this unless you have your head on straight right and you're thinking optimistically this is a requirement by the way for success for anyone anyone who wants to earn a high paying income in any field it doesn't matter if you're a trader or not if you want to earn a lot of money in the world then you have to have your head on right you have to be positive you have to be optimistic you have to be opportunistic okay so the golden gap is a method designed by a trader for herself which is me i i designed it for myself and i'm doing it and now i'm teaching people so the golden gap course teaches a 26 point professional bearish gap rating system and the purpose of the system is to help you evaluate which gap to trade each morning using a checklist i cannot tell you how invaluable having a checklist is in fact i just made up a checklist for myself over the weekend i reviewed all of my own stuff this weekend to get ready for earnings season coming up this week and i made another checklist for myself this is above and beyond this is a get ready checklist in the morning um this this this i have to say yes to everything before i sit down and trade their checklist helps us because i'd like to say that nothing distracts us in the morning but that's not the case you have to have things that make you stay in check stay in check stay in check am i in my head is everything good am i ready to go having checklist helps you this is why it's so great for this this idea that i came up with when i rate my gaps to have the checklist this tells me what to look at tells me what to watch tells me how much to risk tells me if i have conviction if it rates well and sets everything out with the support and resistance area so i can take the trade take the trade and i don't have to worry about all these other things under the open otherwise you're looking at a million different things and you lack focus i lack the focus when you're trading is not ideal you want to be focused you want to have a focus and the golden gap 26 point checklist helps give you focus it's like a trading plan except it doesn't tell you exactly how much money to risk you have to figure that out but you go through and check everything and if it rates at the end you say yes i'm doing this i'm watching it and that's what you do so the golden gap course teaches the strategy and how to trade gaps the course teaches a 26 point reading system to find the best stock to trade each day and they're all professional gaps trading the direction of the gap the course also teaches students how to play the stock on the day which is the entries and you're not going to make money if you don't know how to enter you have to learn how to enter right so this is very important too the course teaches students chart analysis and technical analysis on an advanced level and i say that because like i said some people have been trading the market for years and they assume that they understand technical analysis or even something like support and resistance and then they meet up with me and they realize that they don't okay now you know it's really about learning something that can see the visible results and if you're having visible results in something i tell people keep doing it keep doing what you're doing if it works but if you're doing something that isn't working you have to take a step back and reevaluate so the class i teach is a complete system which is all the pieces of the puzzle how to find the stock what direction to trade it rating the gap taking the entries what are the support and resistance what are the targets and ideally to have the right mindset the right mindset to be able to go into the market and look at it as something that is going to pay you for visible income regular income consistent income something that you can do over and over and over again so it's called the golden gap course it is a full today course on how to strategically find pick and play stocks at a professional bearish gaps retakes are free after you sign up for the class the first time you can retake it for free the class is also online so if you live anywhere in the world you can do it the class is october 12th and 13th this weekend from 9 a.m to 5 p.m eastern time the cost is 24.99 if you are interested email me at melissa at the stockswish.com to sign up space is limited because i'm not taking a thousand people in this class or even a hundred i am trying to really be a boutique firm in the way that i'm teaching people to create them to be good traders because that benefits them and it benefits me and growing my business so if you are seriously interested the sooner you sign up to reserve your spot the better i also am doing a special for october i have another class which is called the trends course and this is october 15th and 16th from 1 to 5 this does not teach you how to rate gaps but it teaches you a how to retrends which i find people find challenging how to retrends in stock charts or the market the cost of this class alone is 9.99 and the special is you can take both these classes for one price in october so you do the class on saturday and sunday and then the class for the trends class is the following week tuesday and wednesday it's a savings of 4.99 so this is a good deal because all together if you paid for everything would be $3,500 so this is a combo special for october if you're interested email me at melissa at thestockswish.com so remember what i was saying tonight really empower yourself in your own world to trade and you really aren't living in your own world nobody knows your own uh joys and sorrows like you you have to be the one to decide you know do i really want to do this do i want to do something different you're the one that has to empower yourself to do it i'm teaching you the information you have to take it upon yourself to do it and not like that you have to be excited about doing it the idea of trading the market to me was exciting it was exciting to be able to make this kind of money it was exciting to be able to do something new where i wouldn't have to work myself like a crazy person i love the idea of doing it and i don't know anyone like me that is having more fun trading the market and teaching i get up every morning and i love what i do and it makes a huge difference because for 17 years i did a job that i hated and i can't tell you how much better of a quality of life i have right now not just because i'm not working as many hours but because i'm actually doing something that i like so learn how to trade to change your life don't leave yourself stuck in this situation like this guy he's got work piled high to the sky he'll never make it home in time he eats dinner on the fly he has mcdonald's every night and he's gained weight he doesn't want to live like this forever but what can he do he's got to start making some changes so it's time to think about that before the end of this year so does anyone have any questions about anything at all and i'll put my email in here as well if you're interested in the course you can email me oops it just went up there kathy can you grab that there it is does anyone have any questions any questions at all what i discussed about my rating system about professional gaps about shorting anything at all about the risk to reward in the system any questions we have a few moments here everyone's very quiet today hope everyone had a good trading day is anyone there you guys are either mesmerized by everywhere i said or you're you know i've talked too long does anyone have any questions joe there's joe you're absolutely mesmerized okay well that's good i do know that sometimes when i get excited i tend to talk fast great job again melissa thank you jerry thanks you're welcome i i'm working very hard on slowing down my speech i don't know if i'll ever get there but i'm trying any other questions looking forward to taking the course great wonderful well you know earnings season actually starts over a couple of minutes here earnings season starts tomorrow night tomorrow night with the report of a a and actually there is some really good company names are reporting this week there's some banks this week some health cares but next week is when the earnings really just they're just blow up there's going to be 30 40 things to look at every single day so really exciting time to trade i'd say probably the next six to eight weeks between now and like in between between now like Thanksgiving is a really really busy season to trade gaps i'm beyond charming thank you jerry try to get gaps mostly during earnings well do i well that's when there's a lot of them that's when there just happens to be a lot it's not like i try it's not like i don't do non earnings gaps i do all kinds of gaps that lily gap that happened wasn't an earnings gap there's a million times you can think scap a million reasons stocks can gap because of a downgrade an upgrade an earnings a change in the earnings a pre announcement somebody goes on CNBC and talks and says something some cao and there's a news announcement anything anything could happen the market gaps in the stocks can gap with the market or a sector can gap so there's lots of reasons why stocks gap but it just so happens then an earnings season because there's a flood of earnings coming out stocks happen to gap and they get tons and tons and tons of them during those time periods which happen four times a year and then in between you do get lots of gaps but now nowhere near as many like getting out of bed in the morning and you have 40 things to look at so again this is why you have to have a system to qualify them because i'll tell you right now every single earnings gap isn't going to have a big momentum move with the beautiful entry so how are you going to pick it you got 40 great things to look at what are you going to do well you have to find a way to narrow it down unless you can take 40 trades at once and they're all going to work what happens in a choppy market well nicky's asking me this can i detect it from the chin good question nicky because actually today was a choppy day in the market i'm guessing that's why you might have asked me if you didn't look at the market you can go look at it now it was choppy market gap down today failed immediately as soon as the trigger lower fail flipped around went over the high and rallied up and i said that's it that's it markets higher and we held so you can call this market choppy really intraday today was very choppy if you didn't buy the market aggressively in the gap down which there would be no reason to do then there was no real play in today to the upside of the downside it was very choppy day if you look to trend trade today you probably got chopped a bit some pieces in fact i got up this morning i told people don't do anything because this is not a high outstated trade this is exactly what i said in the room but there's not that often that many days but there are days like that and today was one of them why the market is higher the market's in an uptrend the market has a trend it's bullish we're coming in we're not ready to make a move higher yet so we're sloshing around we are not lower though until otherwise noted we are higher in the market we're in what i call now a rest period we are resting and waiting to go higher we haven't done it yet we're not ready to do it yet and we could rest for a while we can rest around the wing another two links who knows we can rest to this whole government thing shakes out and then make a decision i i can't tell you the answer but i can tell you today was a choppy trading day and actually i didn't do a thing i didn't take one trade today at all and i said today in the morning i could tell a data yeah it was a low odds day to trade i tried and tried and tried to look for something i can't make it up there wasn't anything to do today tomorrow probably this week there will be earnings and there will be stuff to do ir regardless of the market's direction but that's the beautiful thing about gaps gaps work on their own you don't need the market with you to trade gaps how do i know i made my system created my system which is a bearish strategy in a bullish market so you don't need the market with you but if you're trend trading then you do because it's hard to trade something even in a trend in a choppy day like today nothing probably had correct entries like you'd see something it set up it wouldn't go anywhere you'd be up 10 cents it flipped around and failed reset it again you try to retake it and move five cents it flipped around and fail that's probably what happened to a lot of people today i saw it happening in stocks and setups in the market so it just wasn't a good day to trade but the market is is just has no effect on gaps why because institutions trade stocks they trade stocks they buy stocks they sell stocks they short stocks they'll do that in any market bearish a bullish so it doesn't matter because people have money people have lots and lots and lots and lots and lots of lots of money they have to do something with it i know we live in our own little world and sometimes you forget how much money exists in the planet but don't forget what i'm telling you it's there it's in the market just go get up in the morning and look at it and this is why you have to change your mental thinking and your vantage point people have gobs of money they are wealthy and rich walked out fifth avenue new york city people are stinking rich and so they have to do something with their money and they have to do something with it and they want to make it and they want to invest it whether the market is choppy today won't be choppy forever whether the market's bullish or bearish there will always be people that invest whether they short or buy stuff they must do something with their money and that will always have moves in the market for us as traders to trade and that's the beautiful thing about the opportunity in the market because we're just playing on those moves the moves of people that are made with big money o utr i did not o utr i did not look at it all today so i'm sure it wasn't a good gap because it didn't even come up on my scanner i can go look at it david later if you want to email me i'll look at it but i didn't do anything with that at all i didn't even i don't even have it written down anywhere it probably just open and traded in which case then it's not really a gap but i'll go look at it if you want to email me i can tell you what i think of it so really uh you know if anyone is any other questions please feel free to email me you can email me at melissa at the stockswish.com if you're interested in any questions about the market like nicky asked me about the choppy market and if you're interested in the course this weekend you can email me too and i'll send you the information in the outline for the class you can see the topics that are covered it is a very invigorating course teaches you a lot of information and even if you think you know how to trade gaps i'll change your vantage point this is this is one of these things in the market that once you learn how to trade it correctly and start seeing the results you'll probably never do anything else but you do have to learn it if it gapped up five dollars it would have been a bullish gap i can go look at it it wouldn't have been a bearish gap then but i don't know if it was a good bullish gap i'd have to go look at it it didn't come up anywhere in my radar though but i usually look at the bearish ones but i'll go look at it maybe i'll do a video of it and put it for you on youtube david and just give you my analysis but i didn't trade it thank you so much everyone thank you online trader central so much thank you for having me here today if you need anything email me at melissa at thestockswish.com and have a great evening


I'm a member of the OpenSources team actually and I'm talking today about a tool mostly used for OpenSources so far called Kiwi, it's for creating system images. So yeah, what is Kiwi? I also gave a short explanation, first of all it's a command line tool so it's fully intended to promote CDs or DVDs that are fully runable without installation on your system. In the meanwhile it's also possible to create the installation requisitaries, so the regular DVDs with it and maybe you've heard of the Susie Studio, it's an appliance creation tool web based, a colleague of mine will later have a talk about it and yeah it's a backend for it and there's also a YAST, maybe you know a YAST system configuration tool, a YAST graphic user interface for it available so you can, if you don't want to use command line tools you can have a graphic version of it. So what is an image? It's not like this one, it's more or less these kind of images. Kiwi supports creation of all these types of system images. I've also already mentioned the live CD or DVD, same from USB sticks or USB hard drives. You can also have an OEM hard disk image, means you can have a big hard disk image to simply DD on a hard drive and you can mount it to a commuter and everything will be running. Same for network bootable images, PXE for example, virtual machine images like QAmo and BMware are supported also for Zen and these EC2 Amazon stuff. So how are these images useful for you maybe? For example if you want to distribute your software, maybe an open source project or even a program, program pre-air, terrarium project running on Linux, so we can create for example DVD with your software already installed and pre-configured simply distribute it and your customers or your users can evaluate your software. You can actually pre-configure everything so it's running out of the box. You can create rescue systems, for example USB stick where you can boot from to restore your maybe backups from elsewhere and as I already mentioned to pre-install a Linux system on many machines. For example if you are a system administrator and have a computer pool in a university with 20 or 30 machines all the same or maybe even not the same simply dd an image on it and you have a running system. So I will show you a short example how to use PV. It basically needs only three steps until you have your image ready. First of all you have to create a description, a configuration file where you describe what you want to have on your image. Then you run PV to prepare the files as the pre. So it's more or less the same as your running system and that's where you create the image in the type I described before. So if you want to have an ISO or hard disk image or whatever and if you want to have more than one image type you only have to prepare it once so you can create more images from it. So short explanation about the first step. It's more or less simply a directory where you put all the stuff unique for your image in it. This is basically an XML file that contains for example a package list and maybe some services you need for your image and some optional stuff. You can do manipulations of your image on different stages here in the build process I will explain. It can also contain simply files that you want to have on the image and maybe are not packaged into an RPM package or a genuine package for example. There are also files that you may not have in your running system but only in the distribution media for example on an installation CD. You have licensing files or something in the root tree and you may not have them in the system you have running afterwards. And in the open source case for this just-to-first-boot configuration if you will use this just-to-first-boot tool two configurations on the running system on the first boot. So if your customer is booting your image then you may have different audio hardware than you have just-to-first-boot will do that for you. So usually it's a bit boring to show huge configuration files in a presentation but for this example that is by the way included in the documentation of Kiwi not only this one there are many different use cases included but what we need is about 40 lines of description to have an open source live ISO image prepared and these are basically these 40 lines. Everything is contained in an image container and for example we have some meta description for it. The original author of Kiwi's Michael Schaefer I'm doing the presentation at the last point describe your image give it a name and you also can have a long explanation for it it's not included here so we have of course preferences of your system so different image types have different settings so in this case we only have the image type ISO included so that is the already prepared and Kiwi-intuitive boot image you can give it a version you can use different package managers in this case we are using the SUSE tool to install all the APM packages you can also use smart for that that supports as you may know also non-APM distributions or at least medium some other configurations for example the key table to make it fit for the keyboard you expect to be using you can define users in this case we only have a root user you can prepare the password for this user in an encrypted or hashed way you can of course also as regular users pre-configure the most differences between all these images will be the software that is installed on them so we have first of all to define a system repository where all your program packages are stored before the installation in this case we are using the this is a shortcut for open SUSE for the open SUSE installation repository is online it is basically an installation over an HTTP this open SUSE part only shortens the URL a bit and as you can see we have a little tool repository where all the packages for the installation of the image will be you can also use local file systems maybe have a local dvd with all the upends or you have a copied downloaded already this tree there is also file and local directories actually the next part is you select the packages you want to have installed and there are basically three types in this case I have two types of packages this is a pattern this is something that is specifically for open SUSE because that is the reason why it is prefixed by open SUSE we have so called patterns the default pattern means that is the minimal system you need to have a running open SUSE so it is actually a collection of packages you can select additional packages for example this package string if you want to have an editor on this and if you want to have you can manipulate where the packages are where you need them for example in this case you need it in the boot system because it is the boot splash branding so the image is starting already with an open SUSE graphics so that is all for the conflict XML file there are also some shell scripts in this case you only need this conflict SH that does after all the packages are installed in this change route environment it is actually used by changing you need a script you can do anything you can do in a shell script so you can manipulate files you can find some in this case I am talking about this open SUSE image there are some services enabled the run level that is used for booting up so boot in this case up to run level 3 only I think because it is an ASIC system and also SUSE specific art if you are running open SUSE conflict to do the system configuration this is fully configurable so if you don't want to use the SUSE system don't run open SUSE conflict for example so after we created the configuration for our system the actual file system 3 is built up and this is how when TV appears first in this thing you only need these two parameters prepare means we are calling it prepare step there is a third step there is a different parameter you need a directory for that where to store all the packages where to store the image and sorry, mix it up here is the description we have prepared before and the root is of course the root image there to put all the data and this call is running for a while because it is created for root tree this is usually where you can also after it is finally prepared can change root and do manipulations in it and this root tree is then the base for the next step I will show if you want to create more than one image type not only a user image maybe also a USB image then this step you have to be done only once then you have these basically you set up and create more images afterwards the third step create the image call create with the root path from the call before the type you want to have because you can of course configure more than one type as I already told in the description file in this case we want the user image and the destination directory where to put these user images and after that it also takes a while you have a ready image that you can use and for example check it first with vmware or qme if you have an user image for example and your pre-configured image is ready it is actually as easy as I described it here so far we are also only talking about the SUSE way because Kiwi is so far prepared only for open SUSE but it is as I can show you here as I already said not only SIPA is usable but only SMART so you can so far already build up the file system tree with for example Fedora or Debian packages and because the design is quite independent all the distribution specific stuff is stored into special functions that are in the moment prefixed by the name of them is prefixed by SUSE or open SUSE so to enhance Kiwi for really to Fedora or Debian or whatever images is create modules with appropriate prefix to do mostly the bootloader configuration that is definitely different than SUSE for example also Unity mostly the boot stuff is different in different distributions and of course the system configuration because it just is usually not available on other distributions and after these steps are done I think it should be easy to do these other distribution images with it so I can only say please contribute if you are interested in building system images and you may be familiar with other distributions if you are able to program in tol then you will have it easy because Kiwi is completely built in tol only some parts are of course shared script and it is open source and free software because it's licensed as GPR and to contribute you can simply check out it on the Github repository and Baleos DE so if you want to find out more about Kiwi there are two websites the project page on Baleos DE and of course in the open source there will be Kiwi where you can find some more use cases there are also already people that did some projects with it they mostly have done descriptions what they did and wrote it down in Kiwi we find more examples and a quite good documentation I have printed here that's a Kiwi cookbook where you can quite easily create some types of images step by step explained and if you want to install it via RPM you can find them in the open source build service in the project visualization appliances yeah I think I was quite fast so I already am finished with my talk so if you have questions just ask them so at the moment only open source is fully supported yeah but it is of course it is designed platform independent or distribution independent so basically you only need to it is possible for the future there are only these specific parts I and Marcus are not aware of that's a difference between these different distributions I don't know how to set up a meta-assist for example so if you are able to do that you can implement it yeah I think the main problem is that the other distributions already have their own infrastructure set up for things like that RPM has its tools for really nice cities and even insulation cities or DVDs or other images we got the same and further ones so there's no need to adopt a tool for another distribution which maybe don't fit enough you have to put quite a lot of effort into it to allow builds on other distributions so the question is does it have a real benefit in comparison with the tools other distributions already had for quite a while even before Kiwi has been started the only benefit I personally see is the usage of SUSE Studio to build other distributions this is a unique project I don't know a distribution who already has a similar infrastructure it's really cool and if you could manage to implement a build system for other distributions out of studio this would be a great effort for everyone so basically to do that it would be necessary to make it possible to create because in a build service we already are able to build packages actually for other distributions and since it is quite based on a build service yeah but I've tried to build filler packages with the old SUSE build service it's not quite usable as a tool to be used within our distribution so basically you need a spec file you simply come together and sit down and talk about it and maybe we'll find a way to improve it to make this happen I think the main thing that differentiates Kiwi from all the other distribution scripts that are there to build live series is that it is not distribution specific so you have a tool that everybody can use of course it would need adoption but you have to put quite a lot of effort into it to make it happen that it will be able to build other distributions I'm not sure how hard it will be to implement for example I don't think it's too hard as you already mentioned there are scripts doing Fedora images for example and I think near more or less doing the same so we could snip out some the specific parts and plug it into Kiwi so I see a few of this advantage no matter if it's Kiwi or something like that if you have one distribution and you just re-run it for the problem is in history because every distribution already had that tool nobody came together and I definitely liked it to keep it custom by design definitely it's open by design it's a cool project but it's not only just about building distribution images I know from a customer who wants to go this way for filling his appliance adding his own code to the distribution and right now he runs on different generations on SUSE he wants to package his application for different appliance things like that but the big idea on them is also they want to have one description for all the setup and hardware drivers and a lot of stuff involved and appliance stuff and things like that and if they don't want to like or if a customer ask them we don't want to like this box running SUSE linux or whatever then they just replace the part oh take this distribution we made that and that didn't have to get but at least it works with different versions of SUSE linux it would be really great if I now that more and more of the designs for my system automation stuff running Fedora Debian based whatever then it would be much easier to package all the stuff I want to ship and so better flavor in this flavor and things like that and having a generic tool which does all of this would be really nice and since it's scripted I haven't looked a little bit into it and didn't try to adjust these things just fix other walks and should be doable so one question about the framework is the studio part is it already open sourced now or is it still internal is it available it is available but I think it's not really open sourced the studio part but you're planning to make it open sourced or does not plan to make it open sourced that's maybe you can ask in the build service talk later because I'm not involved in the build service actually in the build service in the studio talk later I'm not involved in the studio team you're mentioning open sourced can I also use it for a slash yeah definitely because it's basically the same you only have to define the repository for the slash packages and the configuration is nearly the same they're just cheap open sourced enough some people are like it do you know of real world uses of KB what are people doing with it on the in the Rikki there are some use cases people actually using it so the studio for example ships an appliance system image to do in-house customers can do in-house image creation with it so it is basically its own customer yeah so what about the if you concentrate on Susie what about the de-brand or re-brand process is it already implemented in KB right now because I know we talked about for a year or so back because it's not allowed to rebuild a Susie based distribution if it still contains the Susie signs I'm not sure about that there is a simple I mean that's rights or law stuff so there is a simple way of just requesting permissions to distribute that stuff and there is a tool called Rembrandt which is who has also all branded stuff yeah yeah so we have the choice not to install these packages that are branded it's nothing related to Kiwi from another build source or something like that I guess you can split that I have to set up the old build service source from which you build which only contains packages so we don't have to use there are all the branded packages separate packages there are dependencies from other packages I don't think that you can set the new movement there is the main package then there is the Dash branding Dash upstream that contains the upstream branding then there is Dash openSuser and Dash Slash there is for example these boot splash branding package that is included here separately that's the reason why it is there no questions you still have what and all so you mentioned that it can create live CD images is there any thoughts of support for it creating an installer in it yeah I did not describe that it can also create actually the 11.3 images that will be released in I think 3 months or something like that will be created with Kiwi so installation sources are also possible actually one was already actually it's only less 11 SP1 currently doesn't matter it works and it's actually the part I am working on do you ship this configuration for example I don't think they are included here they are included in usership of packages Kiwi they are I don't think I have them in this computer but even 11.1 no 11.0 to 2 and not only live easel images there are also few a lot of configuration is there installation images too not only installation images only for live images you can check out the installation images description and how to build them is described perfectly in the documentation I am really happy about this you have written it up yes sir now it's written by the so thanks a lot if you are interested use the web pages they are really useful so thanks


Dusty, what can I say about Dusty? He's a great action figure, great action figure. I can't just say he's a great action figure. That's not a review, that's a comment. There's always something more that can be said about any action figure. So what can I say about Dusty? What's special about Dusty? What is the essence of Dusty? What is the essence of Dusty? Why am I asking you? Hey, what do you think about Dusty?  As a completely non-biased person, what's the first thing that comes to your mind when you hear Dusty? He needs a bath, dirt cloud, follow him around like a pig. It's actually easier to review a terrible action figure than it is to review a great figure because when an action figure is terrible, there's always plenty to say about it. But when a figure is great, there are only so many ways to say that it's great, at least it'd make it interesting. And this week, we're gonna look at a great action figure. It's a figure that I have always loved. It is a much requested review. But what's special about this figure? What sets it apart from the others? What makes it so great? Well, let's look at it and try to figure it out together. HCC788 presents the 1985 G.I. Joe Desert Trooper, Dusty. This is Dusty, G.I. Joe's Desert Trooper. He was first introduced in 1985 and was also available in 1986. He was discontinued for the year 1987. In 1988, we got version two of Dusty and he was in the subteam Tiger Force. And version two of Dusty is based on the same mold as version one, but in different colors. There was a third version of Dusty in the vintage line introduced in 1991. And that version of Dusty was quite different from these first two versions. He had a beret and he had an animal companion. Let's take a look at Dusty's accessories starting with his weapon. And the contents of the card on which he was packaged call this a FAMAS. That's F-A-M-A-S. The card is right. This is a French FAMAS F1. And it is a remarkably good replica of that real world weapon. This is a very distinctive weapon in that it has this large loop on top and it has the magazine behind the grip rather than in front of it. Attached to the gun is this bipod and it can swing and it is removable. And that's the problem with this thing. It pops off very easily. It is very tiny. It is very easy to lose and very hard to replace. G.I. Joe bipods are somewhat notorious and here are a couple of the worst ones. We've got Rock and Roll from 1982. We've got Lowlight from 1986. And these bipods, they're always small. They're always removable and they can be very frustrating to collect. If you wanna get a figure that has an accessory that includes a bipod, my suggestion would be go ahead and find one that is complete and that already has the bipod. Because if you get one that doesn't have the bipod and you wanna track down the bipod, finding a loose bipod on its own is kind of like finding a virgin at Charlie Sheen's house. Dusty's next accessory is his backpack. And this backpack is in a tan color that pretty closely matches the base plastic color of the figure. This backpack is pretty simple, but it's also pretty cool. This is a nice appropriate backpack for a desert trooper, not just because of the color, but because it has two canteens sculpted on it so Dusty can have plenty of water with him on his desert missions. You might say Dusty is a little short on accessories but the accessories he did come with are appropriate and well done. Let's look at the articulation on Dusty. He had the standard articulation for 1985 G.I. Joe action figures. That means he could turn his head from left to right. He could also look up and down. His neck was on a ball joint. He could move his arm up at the shoulder about so far and he could swivel at the shoulder all the way around. He had a hinge at the elbow so he could move at the elbow about 90 degrees. He had a swivel at the bicep so he could swivel his arm all the way around. The figure was held together with a rubber O-ring that looped around the inside that allowed him to move at the torso a little bit. He could move his legs apart about so far. He could move his leg at the hip about 90 degrees and he could bend at the knee about 90 degrees. Let's take a look at the sculpt design and color of Dusty starting with his head and there is a lot going on with this head. First of all, we have camouflage face paint and this is the first time a G.I. Joe figure had this kind of camouflage paint on his face. In addition to the face paint, we have this non-removable helmet and we have black goggles up here on the top and they wrap around the back and this helmet probably has to be non-removable because it has a special feature. It has this soft goods cloth Havilok. Havilok is the strip of cloth on the back of the helmet that protects the neck from the sun. It's named after Henry Havilok, a 19th century British general in India. In case you're wondering, this is what Dusty has under his skirt. His chest looks very simple but it really has a lot going on here. He has a camouflage pattern that is probably meant to mimic the US Army camouflage pattern it had at the time. He has black straps for his backpack and those straps continue around to the back as does the camouflage pattern. He's wearing a black undershirt which has got to get really hot in the desert. Then he has this US Army parachutist jump wings patch. He has an American flag tampo unfortunately in just two colors instead of three, red and white. The field that would normally be blue is red and that stamp partially goes over his collar. They just didn't have quite enough room to do that American flag patch properly but still it's a very nice and very small detail. He has these two white patches here and although they are blank, the patch on this side would have his last name and that is reflected on the file card. The patch on the other side would normally say US Army but according to the cover of a GI Joe special missions that featured Dusty, that patch says GI Joe. On his arms, the camouflage pattern continues and he has long sleeves that are cinched at the cuffs probably to prevent sand from getting in his uniform. On his left arm, if you look very closely, he has a red patch and this one is a little bit worn but you can see that is a red palm tree inside a shield and that looks really good. It looks appropriate for Dusty and it looks like this is probably based on some real world unit insignia but I have not been able to find the real world equivalent. So if you know what patch this is a reference to and please leave a comment on this video because I would like to know. Maybe I'm just not looking in the right place but I'm not finding it. On his waist piece, that camouflage pattern continues and we have this black belt with some very nice detail that goes all the way around and his BDU jacket is tucked under that belt. His legs are fairly simple but it has that camouflage pattern so that camo pattern covers his entire uniform. He has a couple large pockets on his sides. He has some black boots with some very interesting buckles and then on his left boot, he has a knife. Everything on this figure is exactly as it should be. It has a beautiful full camouflage uniform. The details are appropriate without being excessive and distracting and the colors are right. You have these great browns and blacks. It's a subdued, realistic military uniform with just little pops of color. Just enough, not too much. Let's take a look at Dusty's file card and this file card was printed on the back of the card on which the action figure was packaged and it's a little bit unusual but I have actually a cut out portion of the rest of the card. It's the file card placed back where it was cut out. We can see the price sticker from Toys R Us. It was $2.97. We can see this excellent painted artwork of Dusty in this action pose and carrying his weapon and I think this pose is very reminiscent of the card art for the 1982 Infantry Trooper grunt. It has this factionist GI Joe. It has a portrait of Dusty here and that comes straight from that artwork on the front of the card. It says he is the Desert Trooper and his codename is Dusty. It has his file name as Ronald W. Tater. Tater salad. That name Ronald W. Tater has some significance. Tater is Rudat spelled backwards. Dusty is named after Ron Rudat who was a designer at Hasbro and he designed almost all of the early GI Joe action figures. He's probably the single person most responsible for the look of the GI Joe toy line in those early years. There's a very small chance that Mr. Rudat is watching this video but if he is, Ron, thanks. His primary military specialty is infantry, secondary military specialty is refrigeration and air conditioning maintenance and that may seem kind of weird but that is explained in his background. His birthplace is Las Vegas, Nevada, the desert and his grade is E4. This section says Dusty loves the desert. It is clean, pure and unforgiving, unlike Vegas which is always willing to give you a second chance. Dusty was working as a refrigerator repairman and studying desert ecology at night when his pre-enlistment application for the GI Joe team was approved. He took basic at Fort Bliss, Texas and loved every minute of it. I think the contrast between the purity of the desert and the implied raunchy artifice of Vegas is nicely done. This also implies that Dusty applied directly to the GI Joe team but then went through normal Army basic training before joining the team. In the GI Joe comic book, the GI Joe team was a secret unit. Most people didn't even know it existed. In the GI Joe cartoon, however, it was publicly known. This says he's a qualified expert with the M16, M14, M1911A1 and M60 and oddly the weapon that he comes with is not listed here. This bottom section has a quote. It says, it's not enough nowadays to have a rapid reaction force responsive instantaneously to explosive situations in far flung corners of the globe. That force must be capable of surviving in a diverse array of hostile environments to accomplish its objectives. If that means having one expert for every type of environment on every team to take on survival responsibilities on that terrain, then so be it. Then so be it. That is an oddly dismissive phrase. It's almost like the writer was not enthusiastic about having a desert trooper on the team. Like a desert trooper would be a unit asker and you only have one just well because you need one of everything, I guess. General Hawk, here's the file on the new desert trooper. A desert trooper. Are we getting too specialized? This guy only fights in the desert. So do I have to check the humidity before I deploy him? So be it. Sergeant, continue to bring me every conceivable specialty whether it makes any sense or not. Oh, don't forget to find us an ice cream soldier. I'm sure we'll need one of those.  Dusty was well used in GI Joe media. He featured prominently in several episodes of the cartoon series. He's probably best known for his role in the two-parter entitled The Trader. In those episodes, Dusty needs funds to help his ailing mother and Cobra offers him payments if he will give them GI Joe's secrets. He does, but he is found out and he ends up leaving the GI Joe team and joining Cobra. It's all a trick though. He and Duke worked up a scheme together. He would infiltrate Cobra and sabotage their efforts to create a mind control gas. Unfortunately, Duke is wounded on a mission and falls into a coma for the first time. The second time he fell into a coma was in the 1987 GI Joe animated movie when they were trying to reassure kids that Duke didn't die. One odd thing in the cartoon series they refer to him as Dusty Rudat. Well, Dusty's name was inspired by Ron Rudat but the character's name is Tater. Tater's salad. In the GI Joe comic book, Dusty had a couple of really good issues that focused on him. In GI Joe's special missions issue number 11, Dusty is on a desert mission with some new Joe's that takes a very dark turn. It involves torture and self-sacrifice. In the main GI Joe title in issue number 58, Dusty and Mainframe are on a mission to get computer data from a Cobra terror drone.  In the end, Rashid learns to respect something besides war and killing. I think it's an interesting coincidence that both of these issues that featured Dusty were in some way about teaching. Looking at Dusty overall, this is a top tier figure all the way that all over desert camouflage is beautiful. It's a fully realistic figure right down to the accessories. He's everything we ever asked for out of GI Joe. If there's any downside to this figure at all, it's that bipod. It's so tiny. It's so easily lost. So if you don't need the figure complete, if you can live without the bipod, don't worry about it. If you don't have it, you'd hardly even know that it's missing. I think he was used appropriately in GI Joe media. He was never a core character, but in both the cartoon and the comic book, he occasionally got the focus that he deserved. But it's that line from the file card. So be it. That's bugged me ever since I was a kid. It's so dismissive. It's so unenthusiastic. Hey, how's the video going? How many times have I told you not to bother me while I'm working? Is this thing on? What's taking so long? I'm almost at the end of the video and I still haven't found the essence of Dusty. Well, what does he look like? Like that. He's from Desert Storm. He's not from Desert Storm. Desert Storm was in 1991. Dusty was released in 1985. That's a full six years before. These pretzels are making me thirsty. That's it. That's what's special about Dusty. He was a desert trooper in 1985. In the 1990s, Dusty is exactly what you would expect an American soldier to look like. But in 1985, Americans didn't fight wars in the desert. We fought wars in the jungle, like Vietnam. Hell, half the movies that were produced in the 80s were re-fighting the Vietnam War. G.I. Joe had jungle troopers and a lot of figures with jungle camouflage, but they didn't get us. So be it. In 1985, Dusty was the undiscovered country. He was the future that nobody knew was about to come to pass. If you think about it, all of us are simultaneously living in a world that is dying and a world that is being born. And Dusty was a foreshadow of the world that was yet to come. The file card says so be it to a desert trooper, but why shouldn't it? They didn't know then what we know now. And that's what I think is special about Dusty. And that was my review. I hope you enjoyed it. If you did, make sure you do the things that I usually ask you to do. And most important, hit that subscribe button. And don't forget, next weekend is the G.I. Joe convention and I will be there. So there will not be a new review video for that week. But after Joe Con, I will be coming home with a lot more stuff to review. And I hope to see some of you guys there. Thanks for watching. And remember, only G.I. Joe is G.I. Joe. We haven't eaten dust like flour.  Dusty Bottoms. How many times have I told you not to bother me while I'm working?