I'm Zola Lee, I'll be your MC for this evening. Welcome to World Music Cafe from Perth, Western Australia. World Music Cafe features artists from around the world who are living in Australia. In this show, we meet some musicians with strong cultural links to Southern Africa and Indian Ocean nations. Plus, we meet the team behind the World Music Cafe social enterprise that assists people of new migrant and refugee backgrounds with skills, employment and social connection as a valued part of Australia's dynamic, culturally diverse community. So, let World Music Cafe feed your soul with stories of creative collaboration and multicultural celebration through food and music. My name is Mahmood Celeman from Mozambique, Maputo. I have so many influences of different style of music. When I started playing music, like back home, I was playing something like we call it Ussi. This kind of music, we have been just playing for the wedding, the parties, past later on because we introduced some saxophones, trumpets, like to make a big band. So we started performing at nightclubs. Then I had like a second band, which we have been playing like traditional songs, which is called Massesse from Mozambique. And after Massesse, I went to play Quasa Quasa with people from Congo. Then later on, I just tried to find my own style like that. So I love to play a lot of original music, you know. I don't like cover songs, always like playing like original one. This part of the world, it's just paradise for me. I've been touring all around the world and in Australia too, I've been touring around Australia. So I know so many states here because of music and always was a good feedback. I really appreciate to be part of this. I did enjoy, like a good audience, like a good sound, good food. Oh, amazing night. Thank you. Thank you so much. G'day everybody, I'm Olman. I want to introduce myself in our traditional ways. I always say Wilemon Ballerong Wilemon is my mum's mum's clan group. And that's from around the wheat belt, up a great southern region. And Ballerong is my mum's area. And on my dad's side of the family, I'm Wajak and Binjab. So I'm from around here and slightly to the south. And we are one of about 300 or so different First Nations peoples. It is a way of bringing peoples together. It crosses borders, it crosses boundaries. And it's a wonderful thing that we need. And all the different types of music, the styles that comes from Asia, from Africa, from here. Even though they are so different and diverse, you can still bring them together. And World Music Cafe is a great example of all of this diversity coming together. Thank you. Let's meet the World Music Cafe kitchen team, led by our amazing mentor and chef Nimrod Kuthu. Please break the feta all the way on the top. Higher, go higher, beautiful. So it spreads better. Fantastic. First of all, yeah, I came to Australia, I was 29. And I think that I fell in love with the place very quickly and I called mom and I said, I don't think I'm going to come back. Yeah, once I got my permanent residency, I think the journey of understanding the culture and the hospitality industry really started. In terms of understanding the palette of Aussies, that was a journey. Rather than call it a culture shock, I would call it a culture discovery investigation. But yeah, all in all, I love the place from the first moment and that was it. It's a love story that's still pumping in me. Yeah. My name is Hoda. I came to Australia 2010. Before I came to Australia, I am half business for Airtel. And also I am doing with a secretary with a doctor and lawyer. And now I am in kitchen. In kitchen life for different things. Here we are, an Israeli and two Lebanese women cooking together, having laughs, sometimes singing Yawa Zil Falphelu and Faridil Atrash. Sometimes listening to Israeli music and Arabic music and cooking. Hoda is a magnificent pastry maker, which I learned from. I already learned two sweets how to make. And I teach them the best of my knowledge and I think that's amazing. So it's a journey of the heart and journey of knowledge and journey of cultures coming together.  And it's amazing. Yeah. I left Africa in 1979. I was nine years old. It was the very first of January that we arrived in Australia. When we came here, it was like the summers were so hot. Yeah, it was a completely different life. It was a very big cultural shock. I can't say that I got used to it straight away. It was a difficult experience. After moving to Australia, I always embraced my identity as a South African. I've always learnt the repertoire if you like. South African music is next to my heart because of the fact that I just love the singing and the arrangements and the big harmonies. Yeah, I'm always happy to perform for people and to share the African music and to share the music that we work on because it gets reinforced that people feel joy. They really respond to the rhythmic music and to the fact that it's so different. People are always curious. My name is Antonio. I'm living in Kuguletu. Hi guys. My name is Vish. I'm originally from Kuala Lumpur. Hi guys. I'm Kanga. I'm Wally Le. I started in Kuala Lumpur in 2008. So as me and Vish, we were teachers. So we posted in schools, teaching schools, different stuff. We teach camboots, we teach solo dance, we teach pansola, we teach marimba. And we play 19 African instruments. The music love came from the woodpeck.  Our mission is to share the music of South Africa to the world. We would love to share our dream with everyone that's travelling all over the world. Hello. My name is Grace Babe and I am from Seychelles Island in the Indian Ocean. I'm Creole. Creole is the culture, the people. And it's also the language that we speak. I sing in the language of Creole. Even though I grew up here in Perth and I have been back quite a few times. I've been quite proactive and active in the Seychelles community here in Perth. So I started performing and playing bass and singing in the Seychelles community here in Perth. And I suppose that's why I'm so into preserving the culture. To take that to a wider audience, the wider Australian audience. I think it's really important. Even though I've created my own style Afro Creole, which is a blend of different genres, Afro beat, you know, pop, a bit of reggae, the roots, the foundation is still there and you can hear it in my music and that's really important. Performing this style of music internationally and touring, it's a great opportunity for me to actually introduce my audience about where I come from and these are the rhythms that we play, even though you can hear the different influences. And I'm proud of that. I'm proud of where I come from and it's really important to share that with people. It's naturally an esophantic and we can create our own kind of genre, our own style with the Indian Ocean Island Fusion and it's a great opportunity to do that. So, love world music, call it what you like, you know. I think it's really important to stay authentic and true to your sound wherever you come from. Café also provides music workshops to share world music skills and connect cultures in the Perth community. I got into Marimba because a band from quite a long time ago got a study grant to go over to Zimbabwe and Southern Africa to learn about traditional music of the Shawna people and part of that was Marimbas because we were playing the Marimbas in Australia and so we couldn't let go of the experiences that we had in Zimbabwe in terms of how the music and how they played affected their own people let alone how it affected us. And then I was on a mission because they taught us also how to make and tune the wood and so I went about buying my wood, spending my money, my allowance on buying the wood and then of course I'm from South Africa so I had my relative in Johannesburg and of course that wood comes from there, from South Africa as well so I went to all the places to mill the wood, get the right sizes for the bass, Marimba, this and that and I brought the wood over to Australia and that was the beginning of the ensemble but unfortunately 2007 maybe that my studio burnt down and I lost all of that wood and I decided to build another ensemble and this time I made it out of Australian wood somehow I have the words to be able to get them to feel what it is that originally inspired me and to get them to love the sound of the ensemble and get them to love the sound of the different chords and how it goes in context when you're telling the story about music going from your home chord to the next one, next one I want to make it accessible to all people because I think that when you're playing music it's a holistic experience not only your rhythmic skills, your listening skills your cooperation skills, your chordal skills I mean the list goes on but the ensemble is a completely unique experience look I feel humbled because you know I've got so much hope and love for living and being in Australia I know how difficult it was to transition out of various phases of the acceptance of people and so on and so forth so it was very passionate to my heart people can come together and people are organised enough and believe in it enough despite all of the obstacles that they are driven to bring our community together and that is what means the most to me is because I want to live in my community I don't want to be on the side of it I want to be part of it I want to feel responsible for contributing and this gives you that opportunity it gives so many people the opportunity and at the same time it helps the awareness of different cultures and the acceptance of different cultures so it's really humbling and really moves me and I couldn't give more of my support to this This is a social enterprise meaning that it's a business that's trading for good we started this as part of the Multicultural Enterprise Development Project Hello everyone, thanks for coming my name is Merzia and it's almost one year that I'm working in World Music Cafe well working in World Music Cafe is wonderful and almost the people whom I'm working with are from different kind of background I work as a customer service I work as a front-of-house, as an emcee so I did many things so I learned many things and I have many experiences now and I'm very happy and thank you My name is Guy I came here in 2014 World Music Cafe has been great for me like English is my second language that is some challenges for me so not as outgoing as I am they have lots of build up my skills like before they have like training they actually bring me a lot because they have not only the cafe like not only this event they actually have a lot of different events so I can see a lot of different things and also work with them as like the marketing so like some social media things like survey analysis or this stuff and also lots of I face a lot of different kind of customers and very diverse they are from different countries even the musicians they are from all over the world so I met a lot of them and they are so nice to me so actually I feel a lot of confidence to me I came to Australia in 2013 I am from West Africa I am from Ghana when I first came to Australia I was like I was looking for a place sort of like a place to fit in with World Music Cafe I feel like I belong to a community so when you have a community you feel like you belong somewhere like you know so that's what World Music Cafe has done for me I think World Music Cafe it's such an opportunity to to see the talent we have here here in Perth, Australia we've got people who who come from all parts of the world and make Australia and Perth their home and the opportunity to bring those individuals together with such talent, passion and connection to culture and then present and share that with the rest of us it's a magical evening it's really powerful to bring so many people together from so many diverse backgrounds and watch them actually melt together and bring something so beautiful it's really powerful this is another way of communicating across culture and unifying people bringing people together and gives us the spirit of what it is to be really alive you see the diversity in the multiculturalism not just in the musicians but in the MC it's there in the food and it's there in the appreciation that you get from the crowd that's why everyone comes here for and it's what they get it's a really beautiful scene thank you very much we met each other right here in World Music Cafe so that's the most important thing and that's the reason that's the opportunity we can meet each other so then we create something and as it happened we started playing and wow we never stopped it's incredible what it can happen given the opportunity to mix with other musicians other cultures and things yes I've just joined and I found it very rich because I've been learning a lot about different instruments so it's rediscovering my own song and it's great it's great and sharing this with other people also appreciated so I think it's a nice sharing experience and very rich although although Paris is not such a big city yet we would have never met each other if it wasn't for the World Cafe the performance went fabulous better than I expected love to live on this planet we all love to share it if we can share it in the spirit of harmony that's what it shows us everything's going to be alright everyone's going to be taking care of and all of that elusive happiness that we sometimes see we actually find the answer


Great position there for Palace, and he's drilled it, and it's been smashed in by Dan. Got that one nicely, it's a few, great run. Oh, it's a magnificent goal from Pugh. Glorious feats, fabulous finish, and born at the level. Looking for Richie, what a save, a Moby! Go to Antonio!


Hello and how are you all today? The question says the calculator manufacturing companies find that the daily cost of producing X-calculator is given by C is equal to 200X plus 7500. Firstly, if each calculator is sold for Rs. 350, find the minimum number of calculator that must be produced daily and sold to ensure no loss. Secondly, if the selling price increased by Rs. 150, what would be the break-even point? So, let us proceed with our solution. Now here, let X-calculators are produced in a day. So, we are given the cost of producing these X-calculators that is the cost of, that is the cost function 200X plus 7500. We are given that each calculator is sold for Rs. 350. So, that means price of the calculator that is P is given to us as 350. So, we can easily find out the revenue function as, as we are producing X-calculators and selling X also daily. So, that means it will be priced into quantity that we have sold that is X. So, it will be 350 into X that is 350X. Further, we need to find out the minimum number of calculators that must be produced daily and sold to ensure no loss. So, for no loss, revenue function should always be greater than the cost function or equal to it to ensure that we are not having any loss. So, it can be greater than equal to the cost function. So, this implies 350X is greater than equal to 200X plus 7500. This further implies that 150X is greater than equal to 7500 that is X is always greater than equal to 7500 divided by 150 that is 50. So, a company should make more than 50 calculators or equal to 50 calculators to ensure no loss. That is it may be 51 calculators, 52 calculators and so on. So, this completes the first part of the question that is given to us. Further, we are given that for the second part, selling price is increased by rupees 150. This means that now the price of calculator will be previously it was 350. Now, add 150 to it. So, now it will be rupees 500. So, this means our revenue function is changed from 350X to 500. So, for break-even points, this function should be equal to our revenue function. This is a case where the firm is not incurring any loss, earning any profit also. That means it is a no loss, no profit situation. Remember, this is the meaning of break-even point. So, let us equate it. Our cost function has not changed. So, it is 200X plus 7500 and our new revenue function is 500X. So, it is further equal to 7500 is equal to 300X. That further implies that the value of X is now 25. So, we can write that if the selling price is increased by rupees 150, the break-even point is when the firm is producing and selling 25 calculators. Right. So, this completes the second part also. Hope you understood it well and enjoyed it too. Have a nice day.


Season three, baby. Did I scare you? What's her drink of the day because I have I have one to insert into the the collection I have blue moon today It's called the light sky citrus wheat. All right. Well, I'm trying angry orchard for the first time after many many recommendations It's okay. I don't know. I'm not a big Apple person. Does it taste like apple juice? Well, it's crisp apple flavor Oh, it sounds refreshing in the fall though Dude We might as well put on the flame that sounds refreshing in the fall We're so basic Willie, I'm gonna go have pinecone flavored IPA later Guys we're gonna hop right into episode 38 called smoke signal. No idea what's gonna happen We saw a lot of the in the last season a lot with like Aaron's newfound power Hope we will find out more this episode drop Willie a sub down below He's the first link down below and let's drop a sub on this channel if you're new as well and let's get going See if there's an animation shift like last season Has it four years later. Yeah, that's how I come at that. Yeah Wait, he looks way older. There's the jawline as hair looks crazy now This scarlet moon it is it's way too calming.  Oh dude Levi back story Oh that the animation of like the style that that Levi was in because he was when he was younger Yeah, me of the show that I watch called Bakunom. That shows really cool How much anime are you watching on your own? Not that much It's just like that one in Promise Neverland. It's it's a short to Sandal key Back at it again He's dressed like Levi was at the castle when he was cleaning It's like the little thing on his head a big old scar. I saw her doing Oh My gosh, she's drawing looking at the bread. I know I think those are potatoes. Yeah. Oh, that's better She's saving for later Nothing bread related definitely Joe's dead inside Well, I mean Yamir was kind of gone It's dirty.  I have no idea. I love how he's sticking out Yeah, what he looks so weak. Oh my gosh That was clean No, this man could be dying for all they know. Oh My god His face looks like the Titan His tongue is like sticking out I'd oh she did I thought she wanted to check out that one Titan in Connie's hometown Or are they training him so he can figure out a use that ability? I Guess so yet to seal the wall. Yeah. Yeah, I just feel like the whole Titan in the wall thing is like a bigger Priority, I don't know They're keeping her away. I Still don't get Krista or Historia. Yeah, did you just call her Krista? So I'm sorry.  Why I don't think you'd fight it. Oh just for his village Yeah, I don't think happily Check in with Rainer She's pretty depressed. Yeah, but she's not putting on a face.  Yeah, he look he looks like him. Yeah, he kind of does actually That's to make it okay As that not happener on here. Well, I guess he's saying like it's her not her line of works and she's in the scouts Okay Okay, buddy, okay, dude, they're trying to save the free world Just playing into him What's her play She she took something or she like Checked his hands or something Yeah Checking his hands to like see if like markings or something from what he did. Yeah, I don't know He's like, oh, is she right though? Oh shoot He wasn't exactly working with them they just kind of made him come and they're like, yeah, please tell us He didn't say anything. Yeah, he didn't Not that we know at least I don't think so because they never got Krista to him He held out a long time Ah Actually redeemed Already oh shoot they said people after them god dang dude It's not bad Shout out Irvin Oh, so they don't have jobs They're like outsiders now. Yeah, like on the run I think you know Aaron and this story are very obviously important Hide in the middle of everything All right mystery gang So is he in prison now are they just watching him Hey, but I have my man Irvin in prison Violence oh the conversation about these two again Wait am I dumb I don't remember them at all. No these two. No, I meant like that. Oh, I think they were the ones with the hats Oh, that we're watching them. They were like, I was like, I don't I don't I think the conversation between Ymir and Bertolt is like the one when he was being locked out or whatever. He was fighting Reiner But she was talking about her past the king King It's like he's trying to make Good good like impression of himself. He's trying to build his public reputation. Yeah, yeah, it's like Like oh, thank you railways and the steel companies That's the story is dead She got the better and she Yeah, so even said in that conversation whenever we were trying to fit He said in that conversation when we were trying to figure out if that was like her dad or not When they were talking about it said there was a need to raise the public's approval of the royal family He said more importantly, we need that power and the quote vessel I'm guessing either Aaron's the vessel or his story is the vessel or they're both like a vessel and like they can use Like you they can use one of them. I don't know Oh He was talking to the Lord Rice Should I wig on that? No That the dude the glasses at the end of last season. No, he was blonde. That guy was gray hair. I'm just gonna stop guessing At least we reiterate these things. Oh, well that was easy Oh This is not the guy with the hat. No, his hat was way bigger, I think Wait what? Oh They just jump out. Oh No, yeah, okay, I was about to say they used him to pretend to be Aaron one time Why speak so not doing a thing. Oh They I guess they played a long game.  How did you take it down? Oh Wait, is that the gun we saw? No, no, the other gun was like gold. Okay Remember she couldn't hit a tight night before yeah, she just snipe that What are they crowded for Maybe that's the guy with the hat Oh, what is him? Why would he be after them though? Why would he be planning all this? Why is the credits? Oh, she's dead.  Oh my god Bruh, who are these people? They work with them. They all have the same guns a Mass murderer. Why is his name just Kenny? I know all right Well, we have a lot of new strings to follow one is like I feel like the biggest shift from two to three was the fact like they're basically just like Outcasts like criminals now like they can't do anything They don't they don't work in general They're just kind of there and they're trying to figure out why these people are after them or we exactly even is after them And now we have an entire new enemy after the enemy that was gonna be a kind of work towards is the guy that was on the Beast Titan, but now it's just it's Kenny dude. The thing is okay every time they're gonna say Kenny's name, dude The only thing that's coming to my head is whoa Guys that is it for a season three episode one smoke signal We'll be back soon with the episode two of season three excited to see what's in store this season Hope you guys did enjoy dropping like if you haven't already and we'll see you in the next one


Let me know. I'm gonna get started here. Let me know. Also, if you can see the slide Almost a good morning Good morning. Good afternoon. Good evening. Good Monday Excuse me, I don't know what day it is It's pretty much the same here in New York Can everybody hear me Well, some days it snows Tomorrow is supposed to get another seven inches. So we'll see We shall see Wonderful Welcome everyone Excuse me If you have questions You can plop them in the room and I will answer them as we go along My name is Melissa Armell and I own a company called the Stock Swoosh and I also appear on TV Sometimes I'm on Sears radio talking about stocks and the market, which of course I'd love to do Market's been running up Market made Brandy Walton highs again today almost seems like the market will never ever stop We will go over some charts and talk about the market if we have time at the end Yeah, it's a beautiful picture of New York. This is an old picture of New York so today I'm going to talk about trading on the side of Institutional money if you have questions you can email me at Melissa at the stocks wish comm you can call me at 9 to 9 30 200 gap I do answer the phone when I can so you can feel free to reach out you can also follow me a Twitter Facebook YouTube or Skype I put a lot of videos on YouTube. That's probably the best place to follow me I am taping this webinar tonight soon Go to YouTube and rewatch it if you subscribe and every time I post a video you get a notification as well Great. Thank you, Kathy And you can also watch me like I said on TV. This was a spot. I did about a week ago in Ameritrade I think it was a week from today in fact, I talked about the overall market and I also talked about GME So I'm going to talk about that a little bit tonight as well if we have time But it is still the beginning of 2021. I've been thinking about my own life a lot You know, I like to set goals people have New Year's resolutions for me. I don't really have New Year's resolutions For me. I have goals. I say these are the goals this year These are the things that I want to accomplish this year These are the things that I want to do and I think it's it's really a good time And it's not too late just because it's February 8th doesn't not January 1st It doesn't mean it's too late for you to think about your goals For 2021 or if you want to become a trader, it's not too late You have most of the year left and you can still trade with me And if you are trading and you're not doing well It's not like it's too late. We're a month into the year. Okay, so it's very very early in the year For you to turn your year around if you haven't had a good start to the year And for those of you that know me You know that I'm very intuitive for those of you that don't take my word for it I'm very intuitive and I've noticed that and I've noticed just been communications And most of them are with complete and total strangers to be honest with you That people are struggling in the market this year I don't I don't know what to make of that. I don't know why I don't really think the market's been shopping But I've noticed I can I can get a feel for things hearing communications from complete and total strangers that traders day traders are losing money this year GME aside. Okay, just in general I'm getting a feeling for that by reading the communication from complete strangers that'll reach out to me And again, I don't know why but that tells me something very interesting I think sometimes people get into a habit or a pattern of doing a set thing And it works for a little bit of time. I'm talking about a trading strategy It works for a period of time and then it stops working Well, ultimately that that strategy didn't really have longevity didn't really work for the long haul If you want to trade and do this for years and years and years and years and years Then you need a strategy that's going to work in any market conditions and for the long haul And really for day trades or long-term trades. So I do day trades and options, which you can hold overnight I I created my strategy in 2008 and it's 2021 So I've been doing nothing about this for a very long time. Okay So suffice to say what I do does have longevity and can work in all market conditions That being said the market has bullish most of the life of the market We're in a bullish market right now. Like I said a little bit ago We just made brand new all-time highs today. Is that going to continue? I'm just reading it as it comes to be honest with you for those of you that know me for a long time I prefer to short but I will go long So we've been going long and short in this market so far in 2021 because it is whatever it is Whatever the trades are there today as their day trade. I don't have it here in the program But I'll tell you we went long the diamonds, which is an ETF for the Dow So that was our day trade today. We went long. All right, the market gapped up and we went long it These are the stats from through Friday Friday was a losing day And the ironic thing is that I was actually up at one point on Friday in the Q comment I just didn't get out of it But overall it has been a very good start to the year and last week was a winning week I think when you choose to trade and when you decide to trade You have to have a set plan of action before you enter the trade and also why are you are doing the trade? So every ticker symbol here from ba, which was the first trade of the year up into the diamonds Which I just told you today was a winner. We went long every trade has a gap Okay, I'm always doing gaps. So everything I do is based on a stock Gapping now there could be gap ups or could be gap downs Like I said diamonds was a gap up today, but everything is based on a gap So that's all that I do and that's how I found a lot of success I'm not trend trading like if something's going Wiggly jiggly up and down up and down. I'm not looking for an entry in a trend or to go with the market I'm looking for a set specific thing to do Whatever ticker symbol and trading Like Q com we did do last week after the earnings. I forget what day that was I want to say it was Wednesday or Thursday. Well, it was Thursday And that had a gap. Okay, it was a bearish gap and we shorted it and we also did a put in it We did an option in it I think I have that in here. If not, I'll talk about Q com at the end And again, if you have any questions super go along just plop it in the room But you really have to make the time to trade and not only that if you decide you want to learn my system You have to make the time to learn it. My class is a two-day class So it's a time investment to learn from me besides the fact that it is a monetary investment The time and money is worth it, but you have to set aside the time to trade Now once you know this system and you're doing it and you're in a groove The benefit is though it doesn't take that many hours a day to trade like we were done I was done with the room this morning. I think I shut the room down 10 15 10 30 Maybe it might have even been 10 o'clock. We did not take a long time in that trade today We were in and out pretty quick And I found I make the most money actually when I'm in trades the shortest Okay, at least for the day trades, all right So it does not take a long time to be in and out of the trade But you have to set that side that time aside and block it out in your schedule So if you're working or again depending what time zone you're in the market opens at 9 30 I'm usually focused on entering my trades between 9 30 and 10 I may hold it a little bit past 10 But I'm definitely usually out of everything by 11 o'clock I mean, I it's really rare that I would open open the room and keep it open till till noon. Okay Now if you're doing options and that's what you want to learn from me Well, you can put the trade on and put an exit order to sell it At 50 percent or 100 percent of whatever you want to do if you can't watch the trade Obviously, ideally if you do an option you would want to watch it to see if it goes to the target But if it does not you can still get out with profit without being right in front of the screen But day trades you really have to be in front of the screen So you have to be able to trade at least for one hour a day or half an hour a day in the morning Monday through Friday and really Monday's is the slowest days So if you're going to block out three four days a week you want to train I'd say Wednesday Thursday Friday. Okay, or probably the busiest days and again I'm seeing some people come in late. If you have questions, you can just plop it in the room Okay, so getting back to what I was saying Plan of action for the year plan of action for how much money you want to make Plan of action for the strategy that you want to do And just an overall plan of action You know yesterday was a super ball. I didn't watch the whole thing I thought the game was better than all the commercials and everything else and even the halftime show I knew that you know Tom Brady was going to win why he had his mind that he would win He probably had made up his mind that he was going to go and win before he even went to florida So, you know, one of the things that I've noticed, but this is particularly I'm speaking about myself personally and the way that I I think about things and just my own life experiences and people that I have known as well Is that me personally when I set my mind on something instead of all on something I'm able to make it happen and I'm very focused almost like a lightning rod And athletes, okay Sports athletes who are successful are very much like that too There's many many athletes out there that are talented and have the strength and endurance and ability to be able to succeed the mind The mind creates the difference sometimes between that extra ump that it takes The mental fortitude or whatever you want to call it to succeed And you could you could even feel that in the game last night if you watched it by the time the score was 928 I turned it off because I knew the buccaneers were gonna win And at the beginning the tone was kind of set Where there was a push push push push push where florida was just like moving ahead scoring and scoring and scoring And then you know once you gain that momentum You you just take it to the end and trading is like that too You know when you're in a good groove If you've ever been in a good trading group It just snow piles on itself and you just got it going The difference between people that are successful and people that are not successful in the market are really winners versus losers Is that people Everybody loses in the market sometimes. Okay, even I I told you we lost on friday But I shake it off come back. Boom. I'm right back on the horse. Okay You that winning mindset that overall that you can win and you are a winner is the maker break you Especially with trading that being said you have to have a strategy Which I do that wins more than liens is but it doesn't mean you're gonna win in every trade because you're not because I don't And nobody does that's an impossibility. Okay, but you have to be able to get right back on the horse There are many many many many many many people trading the market more now than ever again I don't want to get too off discussion about the robin hood debacle But robin hood has made it possible for many people to trade that don't know what they're doing and don't a lot of money Okay, but that has meant more volume in the market And actually more money for someone like you or anyone like me to take from the people that don't know what they're doing I hate to say it, but that's what it is when you are trading. You are not creating anything I'm not sitting here. You know knitting a sweater or a scarf. Okay I'm actually taking money away from somebody else when I book it in my account Someone is going the opposite people shorted the market today over the high and we went long I took someone else's money when I booked my profits. Okay, and that is really what trading is So the smartest strongest are the ones that win and the weakest lose And one of the things that I think is beneficial coming to me is I like to win Okay, that's just my mindset and I get very frustrated sometimes when I do have a losing day But I get so frustrated sometimes that I come back the next day and have it even bigger day So, you know that kind of winning mindset going back to sports is what you want to have With someone on your team or someone that you're learning from like a mentor like if you came for me So everyone wants to win, but the fact is that not everyone will win Many many people will have a weak mindset a losing mindset And it is very easy to spill into that and again going back to the snowball effect The snowball effect works in both ways You can snowball into a groove and have a nice positive day and be up a lot of money Or you can snowball the opposite direction and losing losing losing to the point that you blow up your account Okay, I've I've I've watched this happen with friends or people Or even people that I've told not to do certain things that have come and tried to learn from me Where people risk their whole account in one trade, which is a big no no But the fact is everybody is an independent person and everybody has to go through their own process But what the market is is it set up that not everyone will win And in fact, it's just set up that only a small percentage will win But the beautiful thing about what I do is as one individual I only need a small piece of the billions and billions of billions of dollars that are in the market and anyone Second or moment in time and you only need that too. You don't need You know You just need like a like if I were to make a pie graph here, which I don't have in here Like if I would make a little sliver it would just be that Tiny sliver that you would need just a boop of the market of the money in the market that you would be happy with Okay to take out because there's just so much money in the market like I was talking about So you have to be smart about the trades that you take And I'm going to go back to the gme because I called it. I called what was going to happen with that I knew it was going to gap down. In fact, I I said it on that monday and I did it the next day Monday a week ago. I said it was going to fall. It was going to collapse I didn't know it was going to do a Tuesday morning, but it literally did many many people took that trade They didn't know what they were doing. I talked to some people here in my building They bought that stock around 300 something one of the guys downstairs the one of the doorman I have to talk to him. I don't know if he sold out of it I mean, I don't know if it's ever going to go back to that price It probably won't so you have to be smart about the trades that you take You can't just follow people willy-nilly and one of the the best decisions I made actually for people's health of their success in the business was to require people to have taken my class Before they join my live trading room so that people understand Why I'm doing the diamonds or why I'm shorting q-com or why We're going long google or whatever we're happening to do. Okay If you understand something that it doesn't feel like gambling because it really isn't gambling trading should not be gambling for you And if it is and you don't understand what you're doing You have to have a set strategy for doing what you're doing for risking the money Because if it starts to feel like gambling chances are you don't know what you're doing Okay, if you learn it and you say this is a good gap because and you can actually put it into a sentence Then then you understand it then you risk the money Then it becomes something that is not gambling but actually a concrete process or a business that you were doing Oh here. I did put this in the in the thing. So this was a dumb trade It made no sense Um and actually, you know, some people did end up making money with this by again dumb luck You can make money sometimes in bad trades The danger to that is that you will replicate that bad trade over and over again And consequently lose the money that you made in the one chance that you took it and made money by dumb luck This this uh this chart and again the sec is investigating what happened here because they called it a pump and dump Because people ran this pumping it up and saying to buy it buy it all the way down here when it was in the 20s It started to get popular here right around this point when the stocks skyrocketed Up from like 100 all the way up to 500. I don't think it quite got to 500 here It did in the pre-post market, but on this live day, I think it was around 470 and change It never set up right as long at least not for me And we couldn't short it and although there were puts that you could have done the puts were so crazy They made no sense that the best thing to do was to stay away from this But ultimately people were trapped in this now because people were saying it was going to go to a thousand why Why there's there's nothing here to indicate this would go to 500 and there's nothing here to indicate this would go to a thousand And there's certainly nothing in here whatsoever at all to indicate that this is ever ever going to go up again So I mean this really was a dumb trade and unfortunately some people are going to take their lichens with this and learn And maybe some people won't learn and they won't learn they won't learn and understand that you really have to know what you're doing when you're trading So the most important thing that I want you to walk away with from today Is that you have to be smart about the trades you take?   That would be crazy. That would be 50% of your account pretend You had a million dollars. Would you risk 500,001 trade? What if you would lose it like the gme? That's what people are doing. They were throwing their rent their mortgage their everything their whole paycheck in that stock You have to be smart about the trades you take and you have to be smart about the risk You take too and it should be based on a percentage of your account of your cash account I don't want to talk too much about margin, but Options you don't need margin to take the trades day trades you need margin to take the trades You can trade at a retail account on a 4 to 1 margin You can trade at a prop place on a 10 to 1 margin So you did not need several million dollars or even several hundred thousand dollars to day trade Even if you want to take a thousand shares of something for example, okay You get margin and if you don't understand that more you can email me and I'll explain it I'll explain it um in an email to you because I don't want to go off in a tangent about that right now Or you can just call a broker. Okay, but you can day trade without a hundred grand Okay, even my strategy you can trade my strategy with a small account And so many people say well, I have to have this much money or I won't do well. That's not true That's not true at all It's just that you have to be satisfied if you can only take 500 shares of something rather than 3000 shares of something you have to understand that you're going to have to build a slow account over time I there's nothing really to cover about gme other than what I said rakesh if it really does It's really not consequential to this lecture Um, but I'm taping this so you can go back and listen to it You can go back and listen to it later. It was a dumb trade But for anyone to do is my point. There was absolutely no strategy to it whatsoever at all Anyways, I use a 26 point checklist which I use daily to trade so I get up I find a gap. I rate that gap I'm I rate bullish gaps and I rate bearish gaps if they rate per my system 20 points or more Then I take the trade in the direction of the gap on the live day Not in the pre market not in the post market. It depends if I do it as an option or a day trade I do not do every trade the same meaning I don't always do like I said we did the q-com put and we surely q-com is a day trade I don't do that all the time. Okay, so sometimes I do an option and a day trade the same symbol Sometimes I do not like I'm not day trading google. Okay It's too expensive. It only makes sense really to do it in my opinion as an option So the reality is I have a system that I have everything figured out way before the open. Okay Usually as early as eight o'clock. I know what I'm doing on the day And most of the options I send out in the pre market now sometimes I will call a trade during the day an option Okay, but when I close the room, we're pretty much done once in a blue moon I might send a late trade out in the room But that's like, you know once a month or something Typically when I'm day trading I'm day trading the morning, but I know what I like right a ways. Okay Before 9 30 and I know what direction I'm doing it and I know what I think of the market Like I knew this morning what I thought of the market and it did what I thought Okay, I knew it would be higher, but I knew it would be choppy I knew the right thing to do is to get out quick and that's exactly how the whole day set up And again, if we have time we'll talk about that But overall I call my system the golden gap the reigning system because it is like finding gold in the market because I know where it's going to go Up or down and I know it before the open Which is great. Okay. Now. I'm not predicting the gap itself. I don't know what earnings are going to say I don't know what they're going to say about amazon or google or Whatever's out this week. I don't I don't know what's out this week sys goes out this week That's something that's coming out this week. I think one of the nights I don't know what the report's going to say when they when they have the earnings report But I know that it's going to do something and then when it does it then I rate it Okay being able to predict the directional bias Of a stock is is highly highly highly Advantages and that is the reason for my success because if you know something's going to go Um here. I'm going to just pull this up really quick. This is an option. We did today. Hold on I saw this late It was dizzy I didn't even see it in the morning because I did other stuff and I don't even know why what was gapping up I saw it in the morning after I was done day trading and I saw this was going to go to 190 And at the time that I saw it it was hovering right around here I called the 190 calls It wasn't too late and I knew it was going to go there. I knew it was going to go there immediately and it did It went through today went through it So I knew when I saw this here Like this is all I saw To look at what time I saw that I said, oh my god, this is going to 190 Sent the trade out. Boom. What did it do? Boom Went went in two hours Now how did I know that because I looked at the gap and I rated the gap Now here going back you could say, oh, well, of course it did it But if you were in the letter, you got the trade you got the trading time to do it So, you know being able to predict the direction that something's going to go and even the number two, okay Is extremely advantageous because ultimately that is how you will make money You will make money when you get in before it goes And that was the problem with I was talking about the GME it went It went it went to 500 and the people were scrambling to buy it at 300 400 Thinking it was going to go to 1,000. Well, it was too late. Okay Anyways, any questions here so far So this is the spy daily. This was back the beginning of the month This was February 1st February 2nd So that was about a week ago February 2nd. We we did it again another long We went long this Bought it had a nice rally up again if you did not want to buy this as an equity train 2,500 shares is a lot that's an advanced risk But if you did you could have made over six grand now if you wanted to take 250 fine You would still would have gotten a three dollar move almost Now let me go back to show you the daily So this gapped up closed here gapped up. I rated it. I said it's a long got the setup got the rally boom Okay, and actually this went farther than that exit in the morning. We got out of this pretty early in the morning You could have done a call in this If you didn't want to do the equity trade a call is an option. Okay You could have just called the I bought the 380 calls Or you could have bought above the strike Now here was the one minute. Okay, so I traded the one-minute chart First to figure out the daily if I want to do it then I get under the one minute to take the entry So here was the day before it. This was the first closed here gapped up. Boom. Again. This is the spy. This is the market I don't remember why this gapped up. I don't remember what day the second was Anyways, we we just got in it. We got in it and poof It just ran right out and went and went and went so this was a really really really really really strong Move by the market on this particular day Again, it was february 2nd Actually, that was last week so So yeah, so the fifth was friday Like this was tuesday So it was a nice move So again When you day trade you're in you're out. You're in you're out. How did I figure this out based on the gap? Which I saw when in the pre market And that's when I rated it and I said I like the spy today It's going to rally we're going to go long and again. I don't do the market every day Someone emailed me about that thomas. I don't know if he's here He emailed me about a trial. It's just that the the market said the setups lately It's not like I I mean I'd rather trade stocks like you come every day But to be honest with you some of the earnings haven't worked out right like ebay had earnings and it was it didn't set up Right and so we didn't do that. I mean so I'm doing the market because the market's been good Here's the chart. Can you see it? This is the dally This is the one minute Phil can't see it. Can everybody else see the one minute and the spy? Yeah, I'll click on it off Maybe I just had to reset it Because I was back and forth with the charts. Can you see it now? Gala had sees it Phil, can you see it? It squished small so you could see that whole period of the previous day and then into the morning Kathy can you help Phil because he can't see it? Can everybody else see it? Okay Anyways, that was one day What else did we do? Like I said, I preferred to do specific ticker symbols like companies things, you know, like IBM So I rated the golden gap and IBM and again, I just I I don't have any set prerequisite I get up. I say, okay, this is gaping. Let me make a watch list Let me go through boom boom boom and I rate them and I first really go to the short side first Why because short moves happen fast and I prefer to get in and out quickly So I do go to the short side first if I don't see any good shorts Then I will look at the bullish gaps, which is why we did the diamonds today, but I first look at shorts Okay Now here was IBM back on this was january 22nd stock closed here gap down boom fell This was a good one. What happened here? Well, it got it sold off Okay, it's sold off now getting back to the theme of today institutional money Which is going to talk about a little bit more here How did that occur? Okay, institutional money sold IBM the stock was up here the night before at roughly 131 25 and change Opened in the morning here around 120 and change. Okay So it got dumped. Okay, it's sold off Now, does this mean that every gap down? You can short no Does it mean that every gap up you can go long? No That is why I qualified them and rate the gap in the pre-market in the morning. Okay You have to go through a process and actually I'll just show you here for example This gap here this closed here. This was a gap up Gapped up here in the 200 premium of an average it did not rally. Guess what it's sold off Now I did not do this but I'm just showing you here an example where you couldn't have bought a gap up Okay, so it's a very very specific criteria that I use. This is what you come and learn from me in the class How do I know that IBM is going to fall and again? We just did this as a day trade and I happen to do the put on that day too. You can see the volume down here So here was the entries and I showed a beginner risk here for you too I mean, what's wrong with making 500 some bucks 250 shares Anyone the trade should be able to afford that even with a price point of 120 at IBM Show an advanced trader risk of 2,500 shares profit would have been 56 25. It was a very nice trade Beginner risk 250 shares profit 562 50 again very nice trade Cloudboy's been with me since December He was trading before He met me, but he didn't learn my system till he met me and I kind of just put it all together for him He's doing extremely extremely extremely well He just he just listens to me and just hits it every day and he doesn't question it So going back here to the chart. This was January 22nd It was a nice one And again, this is a day trade short All right Now. Oh, here's the one minute. Here we go. You can really see it. This was the 21st Here's the 22nd again. What am I looking for at the gap? Stock closed here the night before boom gap down in the morning So before this sucker opens here, I'm figuring out wherever this is trading whatever's going on I'm seeing that the stock is gapping. I'm looking at the daily chart Not the one but the daily and then I'm rating it based on my 26 point rating system Is this going to go lower or is it going to flip and go higher in which case say for example The rating would be 15. Well that I wouldn't short it I'd say well, it's either going to not work at all or it's going to push back and rally and then I'm not going to go Long it so I don't flip it around. Okay. I stick strict to the system of what I'm doing Okay, because I'm looking for institutional money that's coming into the stock Is it going to grab hold of it and buy it or is it going to sell it or short it? Okay And that's what you're seeing actually in gme. I believe that short positions have come in Slap that sucker down. They're not going to let it go back up Nobody's going to buy it with any real money. Anyways, nobody really did And they're going to smush those suckers the people that are left in it now They're still in positions over 300 200 whatever I wouldn't be surprised if that stock collapses and goes back down to 20 dollars in the next couple of months Could be in the next couple of weeks But that's how institutional money is it supports a stock or it Doesn't in which case then it pushes it down All right In the case of the market as you're seeing today and again, I'll bring up the market charts here when I'm done The market is being bought. I mean it just is it's just flat out full out being bought all the market indices are being bought In fact, the market's one of the strongest things right now in any chart that you look at I mean the market's at new highs amazon isn't Now google is but amazon isn't and amazon is usually a beast in the market apple isn't either Let's talk about facebook. This was another golden gap back in january I think yeah, this was end of january This was a day train Great trade why? Let it drop held it boom boom boom. This was a big stop 1500 shares. You could have made 61 50 200 shares you could have made 100 820 here was the drop Boom fell we shorted this okay Now here was this particular day again. This is a one-minute chart and I squished it really really small So you can see it. Okay, how it just collapsed and fell off a cliff So the nice thing about institutional money when you're following it is you don't have to think that hard You don't have to do that much It's just there. It just goes poof and it just does it like the disney trade I just showed you today disney was getting bought it wasn't too late to get in it It was like oh it's gonna go it's getting bought boom you buy it too it goes you're out That's it done train off go on with your day go on with your life Okay Every trade that I take it's just a train While there are some trades that we happen to be in that goes sky Rocketed where there are thousands per cent's returning investment or whatever that is not that is not something that happens all the time In fact, that hasn't happened for a while. Okay It's you know, you just take a trade and you get in and you get out and sometimes you get lucky And it and it follows off a planet This was a big move though to be honest with you for facebook I mean to get a four or five dollar move something like this an intraday It was was a big move But you know trading like I was talking about earlier It's not gambling because you're not looking to get rich quick by doing it You're looking to chunk it out Take this get out book it take this get out book it take this get out book it And then all of a sudden you have all these winners and you're like wow, I made a lot of money this week Didn't seem like it at the time, but I did 500 600 700 800 1 loser 500 600 700 800 1 loser And then all of a sudden you're like wow, I'm up a couple thousand dollars So, you know, you have to look at it like that in the bigger picture Per week per month and overall for the year like I was saying about set your goals for the year And just because you're behind for the year if you're doing, you know silly things since january 1st It doesn't mean you can't get back on track because you will have those trades You will have those trades where things will just happen and all of a sudden they'll just come out of nowhere and be super duper big This is another one we did netflix Uh, this was a couple weeks ago now Third week in january now this was expensive But you could have bought calls in it if you didn't want to go long the day trade We did this and it was very expensive now. I don't always trade stocks at this price point just so you know I'm familiar with netflix. I know how this stock works. I feel very comfortable trading netflix Um, it was a huge straight now We did do an add in it. So we entered it long here again. If you didn't want to buy the equity train And and 200 shares seems not like a lot But it actually was for this because it was a three thousand dollar risk So if you had took a hundred shares would have been a fifteen hundred dollar risk Then I added at a certain position Which was fine because I knew it was going to go Got out of 590. This was a huge straight But you could see the bar now if you're like, I can't afford to take this with the margin melissa even 500 shares Well, some places allow you to do odd lots Okay retail places do or you could have bought calls. So if we enter at 567 buy calls at 568 Or wherever you can get them 570. Okay, if it's moving in the right direction and moving up And obviously that would have worked this went to 590. We did do options trades in this as well This was one also that if I do an option and I do a drake trade, I really really like it a lot Okay So this was a nice mover here is the one minute I just want to show this so again closed here gapped up in the morning. I looked in it I figured it out. I said netflix is higher We got to get into this today and we looked for the setup and we did it and it went Okay So again, these are very squished, but this is a one minute chart This back here is the daily This is how in determining when I see the gap in the pre-market in the morning that I want to go long And I shorted or not doing it at all. I decided I wanted to go long it. I predicted it was higher I was right In fact, that this is still higher. I don't know when but I haven't looked at this today I'm waiting this out for the right timing here for this This will get to 700. I don't know when I can tell you I'm going to get it when it does go there because I'm it's on my radar Any questions here so far So getting back to the point I was saying before trading isn't gambling. That's why you need a system My system predicts where the stock's going to go before it does it And I figured this all out in the pre-market in the morning and I'm looking for institutional money The institutional money is how a stock can go 50 points in a day $3 in a day four five dollars in a day like facebook What moves stocks money big big big big big big money again, what happened in gme was an anomaly And as you saw it it slapped right back down Okay, because if you don't have institutional money supporting a position It's not going to go anywhere And that is that is what happened with that and why that's such a good chart to Show as an example of that so the golden app system. That's a system that I trade System that I created myself and if you want to come learn my system The class is this weekend, but it pinpoints institutional money in the market Whether it's buying or selling how am I doing it? I'm looking at the daily chart I'm looking at the gap And I'm figuring it all out. Like I said in the pre-market Institutional money is in control at all times even if you think it's not it is That was the tricky thing with gme for a lot of people. They said wait a minute. Wait a minute Wait a minute. This this went from 20 to 500 Yeah But even if you think it's not there it is And I and I'm trying to think of another chart to explain that I'll try to think of one that I can explain that Something else, but that's a just a good good current example Because people think that institutional money is not in control, but they are And that is the genius really behind my system Because you might do something and you think you're certain that it's going a certain direction You swear up and down it is everything lines up all these indicators. You're looking at whatever And then it does something the exact opposite of what you think it's going to do when you don't understand why You don't understand why it's completely lost to you But not to me because I'm reading the gaps not indicators that are on a chart You know and all these other things that people put on their charts, which I don't have a lot of stuff on my charts My charts are very very clean Because I need to read the price. I need to read the gap that I could trade with nothing at all I could trade reading the tape And that's something very unique too because it is the price. That's what I'm looking for. Okay Where's the price today and where was the price yesterday? That's very important to me. Okay And then I see what happened today And again, we'll look at the market. We'll see what the market closed today because I didn't really look at it right at Four and where's where are we going tomorrow? Okay Anyways, this is a chart of the spy. This was back from friday Any questions here so far So if you want to trade You can do it from home You can do it from your job if you are working in office A lot of people are going back to work now slowly slowly slowly But some people are choosing to stay at home even though they can go back to work because their employer is letting them Either way, if you can't trade full time, you don't need to trade my system full time You just need the morning That morning period is all that you really need to be able to trade And if you can't even do that and get in the room, you could do the options Like I said, put the trade home and you get the email And then you put an order out to sell it At 50 percent or 100 percent or whatever you decide you want to do. Okay So really a success in trading is very similar to success in life. It's about making good choices.  Okay And this is true in trading and this is true in life. Okay I had a friend call me about the gme. He was asking about it This was in all the height was two weeks ago whenever I said don't buy it Do not buy it at that time. It was like at 400 or 350. I said, don't buy it. Don't do it And he luckily listened to me. He didn't know a thing about trading never trading in his life And he was going to buy it. Okay He would have lost all the money you put into it You have to make good choices Why are you taking the train? How much are you risking and before you take it? Where are you going to get out? You don't have to know the exact number like I didn't know exactly what's going to get out of the diamonds today I I know like I have an area I said this morning in the room I said, you know what if I get 50 cents out of this today, I'm happy I'm not getting a dollar out of this. I'm happy it wouldn't get this up to you know, whatever number I'm happy You have an idea. This is not an exact science as far as You know where you're exiting something. Okay, sometimes I make more than 100% in a trade It goes bigger than I think Sometimes I get out and I make 52% and the next day an option goes 100% Yeah, but I made money today. I booked it tomorrow. I don't know what it's going to do. It was just a trade Okay, this is where the gambling you got to take the gambling off the table And gala head, are you here? I think that was something that you had a problem with I I never really I really thought you were a very conservative person But I think you really have kind of a little bit of a gambler Gambler mentality because you gamble when you're up in something and you don't get out I'm not talking about being up a little bit. I'm talking about being up, you know a good amount You're risked 3,000 in a train You know you're up 1,800 bucks Well, if you don't get out tomorrow, you may not be up 1,800 You might be down, you know So, you know, you have to look at it like every trade is just a trade It's not the end of the world if you lose And your goal is to win more days than you lose and if you think of it like that Then you'll be okay All right How do you get to the goal if you want to do this for a living make good choices? It's discipline and trade selection Have a plan of action. Have a good system take quality entries You know and don't over trade do not be afraid to to not trade if there's something not good I thought about not trading today, but then the setup came we did it But I kind of was like, man, I might not trade today because if though if the diamonds hadn't set up We wouldn't have done anything And then don't be pigish about targets if your goal is in for the day You chunk it out you chunk it chunk it chunk it. This is the point that I'm trying to make here Where you can really make some headway There's there's a mix in the room. Some people have large accounts. Some people have small accounts Some of the people that have small accounts are doing very well. They're happy when they make $150 They're happy when they make $200. Okay Yes, I'd like to make thousands, but they're not there yet The goal is to make money. Whatever it is making money is always better than losing money Don't confuse being a risk taker Which anyone that trades is because you're you you have to risk money in order to to make money, okay Just like if you're if you're if you're investing in real estate, you want to invest in real estate Now some people buy a home because they want to live there and They want to just they're just going to live there forever But they're still really investing in it because they're purchasing a home rather than renting Some people buy a house because they want it as an investment They think that it's going to go up in value and they want to sell it in six months or a year and make a profit Okay Either way you have to look at what you're doing is taking the amount of money that you have and flipping it and turning it around It's a lot faster to turn your money into something to train and make money that it isn't sticking it in a bank Even if you put your money in a five-year cd right now, I don't even think you're gonna get it 2% In fact, I'm not even sure if you get 1% right now in a certificate of deposit You might be able to for five years somewhere, but the rates right now for savings are horrific I've never seen them this bad. Of course. I'm young But you know, you can flip your money and turn it over 100% really in the market over and over and over with good trades and even 50% is really good Particularly if you're in a choppy market environment And if you're trading a lot which we are we're doing we're active Okay Active every day in the day trade room active every day in the options letter We're active there's plenty of trades to get so how much does it take to achieve your goals? Break it down break it down in a way that you can wrap your head around it If you can wrap your head around, you know taking a thousand shares and booking 50 cents Okay, fine, then that then you're going to take a thousand shares and book $500 at every trade that you take Do something that you can mentally wrap your head around it Whatever that goal is if the idea of making 20 grand a month is too You can't possibly fathom it because you've been losing trading for years Then say you know what you're going to your goal is to make a thousand bucks in a week That would be better if you've been losing and a thousand dollars a week is what it's four grand a month That's not half bad if you've been losing trading for years and years and years so Choose numbers that that you can you can actually Succeed that you can actually do something that you can actually Achieve the goal whatever the goal is that you want to to make whatever amount of money that is And really I find people's actual goals are very realistic But the way that they want to attain those goals is not realistic Does that make any sense? Like if I have a conversation with someone the amount of money that they want to make in a week or a month is usually very realistic But the the speed of that they want to which make that money or the amount of money they have to make that money Is usually not realistic or like people starting out with these robinhood accounts and have 2000 dollars And they want to make a hundred grand in a month. That's not realistic Okay Any questions here so far So money management is important. We talk about this in the class. Are you stops? I called them in the room That's important too Because if a trade keeps going in the opposite direction, I don't want to lose an endless amount of money So the stops help me it protects me. It's the insurance So i'm not going to lose, you know If I take 3000 shares of something well, I'm not going to lose $10,000 in a position It's whatever I risk Could be 2500 could be 2800 depending how many shares I take But I don't wing it I use a system and I do it as long as I've been doing it While I could wing it because i'm not good at reading something quickly and ascertaining what's happening in the gap live I really don't wing it. I prefer to go through and do the work go through the process I like going through the process it it helps me feel good about the trade It helps make it less stressful for me and keeping your stress level low when your trading is very important Okay, that's why you should never risk more than your you have in your account That you feel comfortable with that if the trade loses, it's not the end of the world and you won't have to refund your account So ultimately what I'm doing is I'm following the footprints of institutional money in a gap I'm looking for that. It's happening in the gap itself And then I'm looking for to continue on the live day because again I'm always always waiting to take trades on the live day So again, how much time does it take to trade my system? You've got to be available in the morning if you want a day trade And even if you're doing the options the most of the letters come out in the pre market So you have to be able to put the put the orders out You know, if not ahead of the open or if you're not sure what the price is going to be or can't estimate it You have to be able to take them into the open. But my focus is 100% on quality quality quality quality I am looking for quality Not, you know trading till four o'clock every day or doing a million trades one or two Any questions from anyone at all here Rob? I see you in here. You were in the trial today. Did you do the diamonds? Or did you just observe? We did Microsoft the other day. This was back at the beginning of february Okay, Rob observe This is back the beginning of february. We went long this as a call This was earnings as well Now here was the letter. So I send out the trade in an email. See the time of the day here. It's 840 So if you're on the newsletter boom you get the trade You would take the trade once the market opens 235 strikes that expired on the fifth. I called this out. This was cost cost was 525 15 contracts the risk was 78 75 again. This is an advanced risk So I'm risking more of the options because I want to be able to take bigger positions with more expensive stocks And sometimes I'm holding them overnight for a bit to get bigger moves But again, you could have taken one contract for $525 It was a nice move sold it at nine again profit at 56 25 now here was this so I called this on here On this day should the stock closed here and gapped up Fell on the day initially the trade was down Then it had to pop and it went oh here You could have done two contracts a beginner trade risk risk to 1,050 Shoulded at nine could have made 750 dollars It's a nice trade So that was a nice call an options trade So you can use my system to do options or day trades the day trading room is for day trades The options newsletter is for options Okay But you need more You need to have more winners.  I mean you you just do Yeah, you have to be right quite a bit And you also have to limit your losses I think a lot of people don't use stops and that has been a problem for people that have come to me that are new too and and People that are doing swing trades get hurt doing that. They just take the trade. They essentially have no stop They keep giving it room to work people are doing that now with gme They're giving it a lot of room thinking it's going to go back up to 500 And there some people are in options.  Some people are paying platform fees. Most everybody has free Commissions now, but there's still costs associated with trading Especially if you are paying a platform fee and you will have trades that lose So the winners have to cover your losers platform fees if you're paying them and then you have to have money then to pay yourself ahead You can't trade anything when there's no strategy there and for me when it doesn't meet my criteria Then I don't do anything on the deck It's really about getting that one quick trade, which is what we did today But we went long like I said that one fast trade Boom in out in out That's how you do it. Now. This was a chart of google again talking about institutional money What am I looking for in this case here? The stock is moving higher got bought Stock close to your gap dot boom Called calls in this here called calls in this called calls in this again I think on friday. Yeah, so I called two two trades in this in the options letter that both worked So anyways, this is getting bought. How do I know again?  Well, it went above 2100 Which was the strike of the calls and ran up higher and then here and today I don't have today's data. It went even higher today So it continued it continued what it continued getting bought so institutions have been buying google And again, it's very expensive, but forget about the price forget about that completely Which which is which is, you know noticeable actually It still was getting bought stock kept moving higher unlike gme. Okay. You see how those charts look very different Cost was 21. This was not cheap One contract would have cost you 2100 Which is not nothing, but you know, again, you could take this if you have the money Shoulda 47 2600 I called the calls here right for the open And this was and actually you still could have been in these but this was a nice trade in out boom boom Get the move take it get out So again, you can trade options with the smallest of 2000 account if you want you do not need margin to trade options But if you want to be in and out in and out in and out active with margins You do need to have your account set up as a margin account with the broker But what does it take to do this? What do you need to do this? You need a system This is how I'm making all of these trading calls. I mean like every day. I'm emailing out stuff every day It's almost like I my assistant does the emails. I I mean I I could send my assistant like 10 trades a day It's like it's like too much for him to even put in the emails. I'm calling so many trades It's just it's just been a very active time And part of it is I'm home. I mean I'm home a lot here now the last, you know I guess we're going on almost a year with cobit and I'm seeing the setups And there's not much to do here in New York, but make money So if you've got time if you've got the time to trade I mean, it's a great time to learn and it's a great time to trade And actually invest your money in something worthwhile that you can learn and use pretty much for the rest of your life So I have a system that I use to trade the market And it's all based on gaps It's based on socks gapping in the morning and I'm looking for that clear directional bias That's what gives me the edge. I know where it's going to go and I'm seeing it before the market even opens So again going back to what is a gap It's an event that happens every morning in the market stocks that are closed overnight often have news come out Or earnings or whatever could be a million things While the market is closed They're not trading then in the morning when it opens it opens at a different price than it closed at the previous night It could be up. It could be down Sometimes it has a small move. Sometimes it has a big move, but either way It's trading that went off in those post and pre market hours And the gap is seen on the daily chart The moves can happen very fast and the moves can also be very big like you saw with the Netflix That was a big move on the day or even the IBM Okay, and that's how you make money as one individual by taking a couple hundred shares or even a couple thousand shares You can make several thousand dollars because you're in and out very nimbly when you get something like the facebook that moves four dollars plus on a day That's why you don't have to have a couple hundred grand to count To make money you only need to get something that's good.  That's good. It's a golden gap It's somebody's going to have a big move preferably a big move But gaps are a very specialized strategy It took me over three years to figure this out And many people that are trading gaps right now are even teaching them other Competitors out there one. They're not doing what I do at all because I created my own system I own it and two there many of them are doing things that are just completely wrong And then even though sometimes they work they lose more often and people get scared than of gaps And they don't understand them and then they tend to shy away from them But for me, this is this is like really the only way in fact I had I had a broker tell me this once this was years ago said to me That he thinks it's the only way that anybody can make any money in the market longevity wise He saw a lot of people just blow up as a broker with traders And he was insistent that this is the only way that a day trader can make money One because the moves are big and two because I really pinpoint it so well before the open to know exactly what to do Because if you're looking for something like the market to give you the momentum or the play through Meaning you have to have the market with you to get the train You've got to have the market fine make money in a short You've got to have the market rallying all to make money in a long You're going to be all over the place because most people don't know how to read the market Well now the market does gap not every day but a lot and I read the market gaps to determine Not just if I'm going to trade it but to determine if I'm going to get the market to help me sometimes Like for example in the netflix, okay But I'm looking for trades that work without the market But sometimes if I look at it, I said well, we could get this to a bigger number today because the market might help us All right So gas are a very specialized strategy. It's a niche and this is the reason that you would come and learn from me I have a a niche. It's a skill set to predict that something's going to go to this point Again, I'm not predicting where it's going to gap But I'm predicting it's going to go to this point after I see the gap Okay And it is a very professional way to trade because we're running out in a one minute like I showed you So you got to know what you're doing now. What is it about gaps and makes them so profitable the big moves And again, I prefer to short just because the moves happen faster in shorts longs take longer to move But most of the moves that we do happen in the first 30 minutes of the day So what's my process? I get up in the morning. I find a watch list Find the gaps then I rate them So the golden gap system is a 26 point professional bearish gap rating system The purpose of the system is to help you evaluate which gap to train when when, you know, using the checklist That's what you learn in the class The checklist tells you what to train and when okay Like when do you want to do it or how do you want to do it and where's the target? Like for example, the disney today the 190 was the target. It went there you get out Now And you can do longer term moves If you want to do swing trades now, I'm not doing swing trades right now For me if I do an option out for two through weeks, so that's a long term move to me It's really the same concept the same strategy the gap But I'm just looking for a bigger number bigger target But I prefer to just take a trade get out book it take a trade get out book it And then if I decide I can do another trade if I decide that disney's higher, maybe I'll do another trade You know later this week or whatever, but actually I think disney has earnings this week So I will probably wait to see what that does on the earnings But success or failure of you you personally the choices you're making with your trading Has everything to do with the quality of your system now You have to have good money management. Like I said, you can't risk all your money one trade. That's silly But you still aren't going to be successful if you don't have a good system.   I'm reading the chart. It's my system is based on advanced technical analysis in the gap That's how I'm coming up with the points. That's how I'm figuring it all out That's what you learn from me in the class and the purpose of this system is to help you evaluate Which gap to trade each morning using a checklist that I find that having pen paper having something right down next to me The desk it really helps me a lot of people trade and it feels like gambling to them And I think that's also the problem with the robin hood app People are gambling Do to do to do and they're taking positions this and then I think even somebody told me it like a dings and Something goes off. It's like, you know, you have to look at what you're doing. Well trading is fun Making money is fun losing money. That's not fun That's not fun at all And if you want to make money, you have to take this seriously There's too many people out there competing for the same cash Like I said earlier There's a big hunk of cash in the market and there's a lot more people competing for it than you're aware of There's only so much cash to go around Okay, that's why there will always be more losers in the market than winners And that's why if you want to be a winner, you have to take it seriously This checklist tells you what to trade when and in what direction the 26 point checklist predicts directional bias in a stop And the system tells you how what and when how do you make money in the market? Trade a strategy in a system that is profitable Golden gaps are a highly profitable strategy because they focus on large momentum to trade So after today's win, I don't know I'm around probably 65 66% win ratio for the year with day trades and I figured out Through today with the options trades, although I didn't send the email out yet for that I'm about 73 1 ratio year to date for the options So, you know, it's it's you have to like I said, you have to win more than you lose It's just what it is and part of winning is what it's exiting the trade.  I could call something out for two weeks It doesn't mean it's going to go up every day. Even if you're long it chart could look good. Everything look good. Good You can get up in the morning. Boom They're impeaching a past president and the market falls of a cliff or whatever You have to book your profits when you're in a trade and you're up So what stocks should you trade stocks a gap of rate 20 points or more for the 26 point system If you want to learn it again the classes this weekend When do I trade them early in the morning when they set up and trigger and as far as how much money you want to make per day or per week or per month you can ask me personally on the side I have this much money melissa. What do you think I should do? I will tell you what my in my opinion what you should risk But when you first do the class everyone should start out with the beginner risk At least for the first week to see how they do even if they have a million dollars in their account You've got to get used to it. I don't think it takes long and particularly if you're following me in the run I think it makes it a lot easier. Okay, because i'm calling the trades live I'm saying this number stop boom get out target do And I added targets to the newsletter this year, which has been very popular as well people are happy about that And again, it's all in a chart So I measure gaps by rating them in the daily chart to find stocks to trade that have one A high probability of directional bias for the entire day Two a big move in the day three early confirmation of the bias and the move between 9 30 and 10 I've got to have that and precise entries with follow-through and a good risk to reward target potential So for me, I only trade gaps I get it in the morning unless it's the in options trade later in the day You must set your risk accordingly risk the same in every trade you take You can risk the same in every option and risk the same as every day trade and they can be different amounts If you want like I've done but I think you should Set your money goals for your profit taking very realistic at the beginning And then if I tell you oh, this rate's really good or something then you can look for more Like if I say this rates 24 points and you know, it's a really really good one or if we have the market with us, okay Which again, I talk about the market in the room every day So I tell you what I think about the market every morning when I get up One strategy is all you need to be successful though in the market You do not need a general overall broad base view to make money Tons of people have that and they fail all the time So you've got to learn how to read the praise patterns and gaps and you don't need to do anything else Because if your reason for for doing this of your whole purpose for trading is to make money You will make money learning my system. It works. People are very successful with me Now that being said not everyone that has done my class over the years is successful. Why they quit They get frustrated. They make mistakes and don't listen to what I say Well, that's on them But I will say that I've have a lot of people come back to me people that did the class 2013 2014 Go someplace else make the same mistakes eventually realize that they should have stuck with me along And ended up coming back to me coming back in the room or coming back on the newsletter Sometimes people take a while to get rid of bad habits People come to me. They have bad habits of things they did in the past I don't criticize anyone for having bad habits. I have bad habits too But you know, I've learned over the years to put certain parameters in place to help me And closing the room in the morning is one of those things that actually helps me You know, I could sit here all day long and and day trade from 9 3 to 4 up until 359 I would be exhausted Mentally and physically there's no point in it. Could I make more money? Yeah It would I would I be as sharp as a tack and as good at reading things and I have as a relaxed of a life? No So you have to prioritize, you know, what you're doing. This is not like a Like a like a race to the finish. It's a long term thing that you have to look at it It doesn't mean you can't make money right away as you can You can make money the day after the class You can make money this week if you want to come to the room for the trial and take the trades But I suggest you wait till you learn it first But the reality is that if you look at it as a long term thing not trying to make the money back for the Class costs, which the class cost seven grand If you look at it like I'm really going to learn this. I'm really going to get it I'm really going to do well with this then you will take your time. You will ask me questions You will ask me questions when you don't understand things I think some people have been hit over the head so many times Losing money in the market that all they care about Is just, you know making all this money that they lost for the last however many years as back as soon as they possibly can And you just can't look at it like that it's like, uh Try to think of another example It's like if you went through if you had a goal of something that you wanted to do I don't know sports or Or let's say dating valentine's day is coming up.  Wait a minute I have to change what i'm doing here. I'm attracting the wrong type of person and I deserve something better And I think with trading a lot of times people just get in this these habits of making bad decisions bad decisions bad decisions And then they continue to make bad decisions like not taking a class Even if it cost a lot of money They just continue to make bad decisions like the gme trades or piggyback on things that people talk about on webinars for free You know, that's not going to making constant bad decisions isn't going to Get you to where you want to be like if you're in a relationship with with someone and it's not good you break out with them You need to fix whatever is going on in your mind That you're attracting whatever this type of personality is Sorry, I'm losing my voice here. Hold on. How long have I been talking? Anyways, you people understand what i'm saying So, you know, you you you kind of have to like be very introspective, you know about your habits And your own process, I guess when it comes to trading and sometimes that's very difficult for people You and I'm good at looking at myself And I don't talk about it really with that many people Myself I talk about it in my own mind, but I'm very good at stepping outside of myself looking at things And then correcting them But not everybody is And it can be hard. This doesn't mean you hate yourself. You get mad at yourself.  No, everyone makes mistakes Okay, so kind of try to Move outside of yourself to see the mistakes that you've been making and why you haven't been successful at this point with trading If in fact, you're not but you probably aren't and you wouldn't be here listening to me, you know Any questions any comments? Learning from someone though, again, they cost you money upfront, but it saves you money in the end So can you earn a living trading? Yes The success or failure though has everything to do with the quality of your system and your attitude as I said earlier You know, I felt very confident tom brady would win It was his attitude It was his attitude the minute that he quit the patriots and went down to florida or whatever Whatever happened with that drama with him leaving the patriots who was there for a very long time He wanted to go to a new place and he wanted to go there for one reason only to win He could have continued to to stay with the patriots and played football He wanted to win. So that was his goal in your mind when you get up and you say I want to win I want to be successful. I want to do it You know, you have to think like not like worry about the trade is going to lose. Yes, you put the stop in But don't worry about it. You put the stop in Okay, it's just a trade You have to have the mindset that you're going to be successful and actually do it But it's a nice lifestyle if you can learn how to trade again. Luckily, I'm I worked from home before covet But I'm very very grateful That I was able to continue doing what I'm doing, you know all during covet because really A lot of business is in new york shut down Excuse me okay, phil So anyways the class is this weekend. It's february 13th and 14th 9 to 5 Class tuition is 69 99 classes online. Email me if you want to sign up Email me if you want a trial the combo tuition is 74 99 This is with the trends course, which is tuesday the 16th Again, that class is online So if you sign up for both the golden gap and the trends you save $500 of a couple people sign up for this So the trends class will be on the 16th Monday markets closed monday is uh president's day Market closed to in the 15th So that is that let's take a quick peek on the market and ask me any questions Let's see where we are tonight Woo, and there we are We broke out at 3 45. Look at that. Aye. Aye. Aye. Aye Part of the diamonds end up Ah, look at this Yeah Very predictable All right, any questions from anyone rob. Do you have any questions for me? I mean if you do ask me now, I see some new people On do you would email me? Do you have any questions? Ragu, I've seen you before. I don't know how long you've been following me Calamity I don't recognize seeing you before Igor. I've seen you. You've been following me. I think for a while No questions Look at this market I have to look up and see if something created that lift or just just got bought again talk about institutional money Look at this market. Market's getting bought. It's breaking out Okie doke have a wonderful night everybody Email me if you like a trial email me if you want to sign up for the class And hopefully we'll get something good Oh deets. Do you have a question? Deets is typing go ahead. It's just really strong Okay email me then if you want to trial Okie doke have a great night everyone stay safe