Best in New York, she's an international businesswoman that informs clients how to trade successfully by utilizing her system. Melissa runs her own trading room and speaks through online seminars to clients around the world. Melissa also runs regular courses again to inform and teach people how to make the most of their abilities in the marketplace. Welcome to the show, beautiful superstar, Melissa. Thank you. That was so nice. Yeah, loud and clear. So how do I put this slide out? Let me see. I'm going to make you an organiser at first that you would be able to... And let me see. Now you should be able to share your screen. Yeah, looks good. I will get back to you about 9.30. What a day for the market. Very interesting day. I don't know if anyone has traded it all here today or seen anything. The market had a huge lift this morning, five minutes out of the gate. We ran up and made brand new all-time highs and then we ended up selling off like, I don't know, 10, 15, 20 minutes ago. So it's been quite a volatile time. But anyways, today I'm going to talk about how you can really earn a living trading or make six figures a year trading if in fact you want to do that, if you want to trade for a living. I'm teaching people how to do that. I've had my business, the stock swoosh since 2012 and I've been trading since 2008. So it's almost 2020 and it's funny because it feels like I've been trading forever. I think once you get into the market and once you're doing it, you can't imagine life without it, especially if you love to trade. And today is one of those days where every single trade works and it definitely, definitely is a fun day to trade. If you have any questions, you can email me at Melissa at thestockswish.com or call me at 929-3200 gap. You can also follow me on Twitter, Facebook, YouTube or Skype, I appear in Fox News and Fox Business Network and I always try to tweet before I'm on television when to watch me. So let's get right into it here today. Let's focus on how you can make money trading, how you can make a living doing this and how you can earn a good amount of money. Now I said good amount. I say six figures a year. Obviously it depends where you live. You may live in Ohio and the cost of living in Ohio was very different than, for example, Manhattan, okay, where I live. So it really depends what your goals are but I think you have to start where you're at right now and then you have to say, okay, this is my goal for 2020 and what am I going to do to get there, okay? And I truly believe that anyone can achieve their goals if they have a plan of action and stay on that plan of action even if you start out trading with a small account. Now what do I mean by a small account? We will talk about some options trades today. You could train my system using options or you could trade my system using equity trades. So you can open up an options account with as little as $2,000. Now if you wanna open up a margin account at a retail trader, you will need 25,000. If you do not have 25,000 and you wanna trade on margin as an active day trader, then you will need to go to something called a proprietary day trading firm. If you have any questions about that, you can ask me now or you can ask me later or you can email me as well. But you can trade at proprietary day trading accounts with as little as 2,500. Now we're gonna talk about some advanced risk today and also I'll give some examples of beginner risk too but the amount of money that you risk per trade should definitely be in consideration with the amount of cash that you have in your account, okay, even if you have a margin account, all right? So if your goal is to make six figures of your trading and say you only have $2,000, you have to be realistic about how long it's gonna take you to build your account that you can take the necessary risk to achieve those goals. It may not happen overnight, but if you are strict and focused and disciplined on following and being consistent, I do believe you can do it. And again, since I've been teaching since 2012, since I've had the stockswush, one of the biggest things that I've seen, it's a commonality where why many people fail is, number one, they do not have a system that works to trade and they don't follow any system at all and number two, they may have one system or several systems but they don't follow anything consistently. So therefore they don't see the consistency in the results. One day they're up, one day they're down. One day they're up, one day they're down. Kind of like that. And that is problematic. It's problematic for your emotion. It's problematic for your finances, for your account. It's much better to be green Monday, Tuesday, Wednesday, Thursday, Friday. It doesn't mean you're never gonna take a loss. You may have some trades that lose. I have some trades that lose. But more trades that I do work than fail. So this is where the consistency comes in to part. Okay, because you're looking to find a structure, a strategy that you can use consistently in order to profit so that you can achieve the goals.  So it's like taking 10 steps forward and you may take two steps back but you're always moving up. Then you take five steps forward and you may take one step back. Because again, not every single trade that you're gonna take works. Not every trade that I take works but way more trades that I take work than do not. Now today is a good example though because every trade worked. We went long today. All the trades today were long although we're gonna go over some trades from a couple days ago but today was a day to go long. We went long Starbucks today, went to the market. Things work today to the upside. Any questions here so far? Anyways, my point is that it is very, very, very, very important to be consistent. I think it's a big key to success but of course you still have to have a system that works. So let's talk about time of day. So you get up in the morning and you say, okay, when am I going to trade? Well, I found that the best times to trade are when? In the morning. The markets open, the US market is open between 9.30 and four o'clock Eastern time. However, that being said, I find that between 9.30 and 10 and today was again, no exception to that between 9.30 and 10 a.m. Eastern time, you really have the biggest moves in the market and in stocks, the most volatile moves. Could be 10, 15, 10, 30. I'd say just to be safe the first hour of the day really you should block out but usually we're done trading in the first 30 minutes of the day, okay? In that time period you can catch a move. I'm usually trying to catch a dollar and I'm using that as a rough estimate because some stocks are a little bit less expensive. 50, 60 cents is a move but usually a dollar and again if it's more expensive we might be looking for more than a dollar. Today was the Starbucks, we went long, it was almost a buck. If you stayed in it all the way up actually was more than a dollar, okay? Went to 89 and changed but in the morning is the time that you want to trade and again consistency as far as the time of the day, okay? So I'm always looking to get trades in the morning. I'm always in between 9.30 and 10 and if I'm not taking trades by 10 o'clock I'm not in anything that I'm probably not gonna do any trades that day because I don't think anything is setting up correctly to day trade. So the time of the day that has the most volatility I've found is the first 30 to 60 minutes of the day. So if you wanna make money as an active trader, again Monday, Tuesday, Wednesday, Thursday, Friday you wanna trade in the time period that has the volatility. Volatility is a good thing if you take it in the right direction but you have to take something in the right direction to make money no matter when you trade.   So you've gotta get the direction right no matter what but you want the moves. The moves, the moves, the moves which you get when you have the volatility. So what is volatility? Volatility often refers to the amount of uncertainty or risk related to the size of changes of securities value. A higher volatility means that a securities value can potentially be spread out over a larger range of values. This means that the price of the security can change dramatically over a time period in either direction. A lower volatility means that a securities value does not fluctuate dramatically and tends to be more steady. So I'm looking for volatility in stocks because I wanna make a lot of money as fast as I can because if I'm day trading I've only got between 9.30 and four. That's it. And again, you can do options with my system and hold them overnight if you want or you could day trade options. And we'll go over that in a little bit here but the idea of day trading is you've gotta be in and you've gotta be flat and out by four. So I want the biggest move I can get within that period of time, okay? So volatility is something that I'm looking for so that I can play on it. It's something called shock value. Many, many traders are confused because they wait and I find wait too long. They will wait and scan and scan after the market opens to try to pick which stocks to trade and find the direction they're going or try to predict where the market's going and take a trade late, wait till after 10 o'clock or even after 11 o'clock. This can get very confusing. And again, today's a great example, lie because the market shone up like a rocket five minutes into the open and then sold off later. So you'd say, okay, what was the direction to get? Well, if you went long into the open, you profit it and you would have never shorted at the top because you wouldn't have known where that was and the market's at the highs. So you have to be organized with what you're doing. I usually choose what stock I'm trading in the pre-market into the open. So I haven't all decided sometimes as early as six o'clock in the morning what I'm doing. I'm looking for stocks that are gapping and I'm gonna explain to you what a gap is in a minute. There are bullish gaps and there are bearish gaps. Not every gap works. However, I have a system that I designed and created where I look at 26 points in a daily chart while I would determine which stock I want to trade and in what direction, okay? And I will focus on that. So for example, Starbucks today was gapping up. I knew Starbucks was getting bought. I knew it would have the follow through. You could have bought Starbucks as a call. You could have day traded it, okay? So I had in my mind that Starbucks was a good watch today for a long. I saw the gap up in the market in the pre-market this morning. So I focus on gaps and you can see gaps in the post-market and you can see gaps in the pre-market, okay? You can see gaps after hours. Now, I'm not taking trades after hours. I'm watching the stocks have moves and gap after hours, okay? This is makes sense. I'm not sure if I'm looking here the right. Where's the questions if there are any? Let me see here, questions, okay? I think I just saw it. And again, if anybody has any questions, let me know. I just found the question, the question module. So anyways, I can see stuff at night. I can see stuff in the morning, but I'm not taking the trades until the live day, okay? Makes sense, but that preset ahead of time me deciding, me looking, me figuring out, me getting myself ready mentally, financially, figuring out how much I wanna risk, what I wanna do ahead of time is very important. And it also makes it all heck of a lot easier to trade when you know what you want to do out of the gate, all right? And it makes it so it's not so stressful for you. You wait for it, you watch the setup and then you take it and then you get out when it goes to the target. Now this was the other day, this was a short, this was CVS, let's look at the chart. Stock had a rally, here is a gap.  Now what is a gap? I'm just gonna give you a very basic definition of what a gap is. A gap is a difference between the close and the open. So CVS closed here the night before, around 67.50, boom. Gapped up here to 69.50. This was back in early November. So this was a gap up, then it rally. There also are gap downs, okay? What is a gap down? This is a gap down over here. This is a trade we're gonna review from a couple of days ago. This is the drop here on the 10th. This is a gap down, stock closed here. Open here, dropped. This is a bearish gap. This is a bullish gap, okay? So anyway, CVS on this particular day here was a short. On this day it was a long. On this day it was a short. Here was the 10th. So here's what it did. This was a massive sell-off that happened. And you can see the time of the day here. This is a one minute. So that was the daily. This is a one minute chart. For those of you that aren't familiar again with me, I make trade decisions based purely on technical analysis on gaps. So it's technical analysis. I do charting. I'm a chartist. I read price. That's what I talk about even on Fox, okay? So CVS here had a massive sell-off. Very big, very fast, very quick into the open. This was on December 10th. I forget the reason. I think it was news or something like that. You can Google it. Anyways, it was real. So here it was, boom, thaw off a cliff, okay? Then it rallied, boom, we shorted it. Got the drop, shorted a little bit more, did an add, got the drop. So you could have got out right away to your 10th of teen. You could have held it here into noon. You could have held it even a little bit more, okay? This worked, no matter where you got out of it. It was a really, really nice short. And if you happen to even catch this, you could have even gotten that, all right? But here was the entry that I called in the day trading room. Entry was 73.50, 7,000 shares, which is an advanced risk, okay? Stock was 73.75. This was an amazing stock for this stock. To get a 25 cent stock in CVS, it's something at this price point is really, really, really good. You literally could have taken 1,000 shares in this and only risked $250 and it was a beautiful trade. Then we added, okay, when I saw that it was gonna keep going, we took more, okay? At 73.10, double the position, 14,000 shares, dropped, fell, exit was 72.85. I think the lower the day ended up being 72.60, 4.65-ish, but this was $6,300 profit, boom, boom. I'm gonna go back and show you. Here it is again. And again, you could have done this. So this was a bearish gap in CVS that we shorted on the 10th. Got it, boom, took a little bit more, got the drop, faced out, got the drop, okay? So really nice sell-off here in CVS, really nice move, nice gap that just kind of fell off a cliff here. And then followed through. Again, as a day trade, you're looking to day trade it, you're getting in and you're getting out. You're getting in and you're getting out, okay? So it was one trade, one day of work and one strategy that I utilized to find that trade and do that trade.  You're on that machine every day. You have to do the same thing, boom, boom, boom. That's what I do. I'm looking for the same thing every day. Doom, doom, doom. Monday, Tuesday, Wednesday, Thursday, Friday. I don't know which stock I'm gonna see it in but I know I'm looking for the same thing, for the same thing, for the same thing just like a computer, okay? Like if you were going into a factory in a machine and if you look at it like that, it just really, it really makes trading so much easier for you because if I see what I want, then I do it. And if I don't see what I want, then I don't do anything at all, okay? Any questions? And again, it goes back to what I was saying about the consistency. Any questions here at all? Let me see if there is any quiet group here today. I'm just gonna keep talking. I don't see any questions unless I'm looking at this jiggy wrong. I don't think there is any. If I'm missing anybody's questions, they'll let me know. Let's talk about Starbucks, which was today's trade. Again, this was a bullish gap up. Really nice move in the Starbucks. Went to the Target on the day, which was 89. Again, nice gap up. This was an upgrade. Starbucks closed here, gapped up, boom. Shrapped, rallied. We went long in here, rallied up, based out, took it out. So again, this ended up going all the way up to 89, but this was a beautiful move. We had a perfect entry in here, rallied, rally, okay? Again, time of the day. Looking for that time of the day, that concrete time of the day when I'm looking to get in and get out and I'm looking for the momentum. Here was the Starbucks over here. Here is the gap up, okay? This closed here, this gapped up. Here you have a little Starbucks. So a very nice chart. Starbucks is in an uptrend, okay? And just had a beautiful entry in it today right out of the gate. Entry was 87.80, 6,000 shares is an advanced trader risk. Stop was 87.40. And when I'm in the trading room, I'm calling the entry, calling the stop, calling the entry, calling the stop, calling the exit, calling the targets, live in the room, okay? And if you wanna try out for the trading room, you can email me today and you can be in the room tomorrow morning. There's a lot of earnings out tonight. I don't know what we're gonna be doing tomorrow but there's a lot of things to be looking at. Adobe's tonight, Costco's tonight. I don't know how they're gonna gap but there's quite a few things to look at tonight. Anyways, profit on this today was 5,280 bucks. A beautiful, beautiful, beautiful move. This kept going, like I said. Went all the way up to 89. Nice move, almost a buck in Starbucks. Again, you're in, you're out. Time of the day, I'm gonna go back and right into 10 o'clock, right into 10 o'clock. So again, this is a gap up. Here's where it closed, here's where it opened. So what do I do? In the morning, in the pre-market, I rate the gap in Starbucks. I rate it based on the daily chart though. I don't know if it's gonna gap up or down but I see the gap. In this case here, this was a gap up. In the case of CVS, it was a gap down. I see the gap and then I rate it. I rate it using a 26 point rating system. That system tells me if in fact this is gonna move higher or if in fact it is going to move lower and then I make the choice to do the trade as a long or short based on the rating system and that's what you come and learn from me. If you wanted to take my class and learn my strategy, you'd learn the rating system. How do I know that Starbucks was the one to do today? How do I know it was a long? Well, because I rated it, I rated it in the pre-market and again, sometimes things gap at night like Costco and Adobe are tonight and you could rate them if you knew my system in the after hours tonight but I usually wait and do it in the morning. Sometimes things can change. They can change to be better. They can change to be worse, okay? Any questions? And one more thing that I was gonna say here as well in reference to the market and volatility that we've been talking about right now, okay, in this environment in 2019 and even more so going into 2020, okay? Going into 2020, when I'm looking to do things specifically every day, okay? And many things we do are shorts but I will go long, like today we did the longs. It's really important to make sure that what you're doing really doesn't need the market. You will have more consistency if you don't need the market because in this environment, again, 2019 going into 2020 with the election you're coming up, expect volatility in the market to swing around. So if you're waiting till after 10 o'clock or you're waiting to determine the trend of the market for the day to get your train, nine times out of 10, you're gonna be wrong. All right, whatever you think it's gonna be. Today's an example because of the reversal but also you don't wanna have to rely on the market. The market is challenging to read and I get it right a lot but even I don't get it right every time. You wanna do specific stocks, specific moves, specific things that are gonna move that do not need the market and especially going into 2020. Again, if you wanna see consistent. Just trend trading stocks in their trend whether they're up or down is not gonna see this level of consistency because the market affects things on any given day. Stocks that I'm doing are gapping for specific reasons and then I'm rating them for specific criteria that I'm looking for each day and that's what's telling me. A, it's gonna get bought or B, it's gonna sell off which is important because if you need the market you're gonna get beat up and you may have been getting beat up this year because a lot of people didn't think the market was even gonna keep going higher and then it did and then even today, the rally that we have and then to sell off afterwards today. So I mean, it just proves my point going into the election year you've really, really gotta know what you're doing to trade, get the right stocks, get the right picks and not have to rely on the market. Any other questions? Okay. All right, so again, getting back to day trading. If you're looking to day trade, people always say, well, what percentage? This isn't long-term investing. Day trading is you're in, you're out. You're in between 9.30 and you're out before four o'clock and returns can be incredible when you think about it based on percentages, okay? You train on margin if you're day trading. You do not need the cash value of something like Starbucks at 88 bucks a share or whatever you took it at today in order to make the money. Otherwise you would need hundreds of thousands of dollars to trade. There's something called margin. Every day trader trades with margin. It depends what broker you trade at and if it's a prop place or retail place how much margin you get. The options, you're not trading on margin. You're trading the cash accounts. So it's different. You're trading the cost of the option you're just paying it. But the point is the idea of the returns are incredible because you are trading on margin and they can be crazy high. So I look at it like it's called a risk amount of a risk of return that I'm looking for. Like if you're, I look one to one. If you're risking a thousand, you're looking to make a thousand. If you're risking 2,000, your goal is to make 2,000. Sometimes you will make more. Like today is a good example because the stop in Starbucks was really a very nice stop. A 40 cent stop. And at price point of that stock is amazing. Okay, great entry in that today. So the risk to reward today was higher than one to one, all right? But this is not investing.  Make sense? Any questions here so far? So when you start to get into this and you really start to make money and you really start to do well, again, you're going up the ladder even if you're going up and you take 10 steps up and two steps back and three steps up and one steps back. You're building your conviction all the time. It doesn't mean you're never gonna make a mistake.  Conviction is something that's very important to me and it's something that I use to make the calls, to train, to maybe hold something, hold something to a bigger target or maybe I don't have conviction in something. Maybe I lack conviction in something and therefore then I don't do the trade at all, okay? So for what I'm looking at though in the gaps and again, when I'm looking to do them and Starbucks, I'm gonna use an example because that was today's trade. I'm looking for, in the case of Starbucks, I'm looking for institutions that aren't buying the stock. So I'm saying, okay, our institution's gonna buy this stock, institutional money and if I see that's gonna happen, then I will go along it and the reigning system tells me that, okay? So when I'm looking to short something, like the CVS, I'm looking for institutional selling or institutional shorting, okay? And I say, okay, the stock is being sold off by institutions, therefore I want to get in it short. When you go with institutional money, it's gonna be a lot easier for you to make money and especially quickly because institutions move stocks. So there are tons of funds in the market, small funds, big funds, hedge funds of all kinds of different sizes. They're taking positions and 50,000 share lots, okay? They will move stocks when they take a position, maybe a little, maybe a lot. All the stocks that I'm trading are stocks that you would know of, companies, Peloton, Amazon, Apple, things that you know of, CVS, okay? They're not penny stocks, they're not junk stocks, they're not crap, they're not low float stocks that don't have any volume on any normal given day that are not traded by institutional money. We're trading stocks that move where you're a blip on the radar and all you need is a couple of thousand shares and you can make a lot of money because there's millions of shares in them and they're being traded by institutions and that's who's moving the stock. That's who's moving the market too, by the way. Institutions are moving the market, not day traders, not retail traders, okay? Any questions? So it makes it so much easier to profit when you're with the big movers, when you're with the big money and that is what my rating system, that is what the system that I use in the pre-market directs me towards, it helps me predict that this is gonna happen on the day. So this morning I predicted that Starbucks would go to 89. I knew it would go to 89 today, all right? And that's what it did. So it predicts it in the pre-market based on the gap. I'm not predicting the gap itself, like I didn't know last night that Starbucks would gap up this morning, I had no idea. I don't know what Costco's gonna do tonight. I don't know if Costco's gonna gap up or Costco's gonna gap down. I'm not in any trains in Costco. I may not do Costco at all, but I'm gonna watch it. I'm gonna watch it, I'm gonna see where it gaps and then we'll take it to sit out trade based on that. Follow me? Any questions? Any questions from anyone about anything at all so far? All right, let's look at the market here. So the QQQs, here was the pop. So again, let's go over one more time here what a gap is. Market gapped up here, closed here, gapped up. I called some calls this day, this was a nice move up in the market, rallied. Boom, boom, boom, dropped. Here was a gap down in the market, fell. Here was a gap up, rallied. Here was a gap up, dropped. And then here was the move over the high today. So the market right now, I'm talking about the market, I'm saying the market, but the QQQZTF is strong, strong, strong, strong, strong, strong. So if you're in something short to the downside right now, it has to be super weak on its own, super duper weak, okay? And also right now, going into the holiday season, you have to be careful about holding too long. I wouldn't hold any trades too long overnight at anything here between now and the end of the year. But day trading is not investing, you shouldn't hold trades too long at all. Even if you're doing options that are working today or two, all right? It's a way of producing income, not investing. You're taking money out of the market daily and fast moves. And one of the things that most traders forget or just don't understand is that this is not investing.  And this CVS, again, is another great example of institutional money because in this case here, again, Starbucks was institutional money that bought the stock. Today, CVS was institutional selling. Institutional selling, look at the move. How could a stock at this price point fall off a cliff? CVS is up here at 75. What is this down in here where it dropped on fell off a cliff, 72, 72.60. So CVS, a $75 price point stock dropped and opened and fell $2.40 right out of the gate in the first five to 10 minutes of the day. That's a dump. It's selling action, okay? And you can make money as a trader by shorting the selling action that's coming in from the institution's selling. Again, who knows why they sold their CVS, but they did. Makes sense? And so you're getting in and you're shorting that. But most of the trades that were in and out are less than 30 minutes. Sometimes they'll hold something an hour. This is, again, the day trades, not the options trades, but every once in a blue moon will hold something a little bit longer, bigger move, but I'm always trying to get in in the first half an hour. Okay? Any questions by anyone at all here so far today? Really quiet group here today. I don't see any questions at all. Does anyone have any questions of me? Or am I just, everyone's mesmerized by everything I'm saying, taking it all in like a sponge.  Well, hopefully you're learning something. Anyways, what I do is just focus on one strategy, usually one pick a day, maybe more than one. And again, I'm in and I'm out, and I'm looking for the volatility, and I'm looking for the move. I'm looking for institutional selling or institutional buying, okay? That is really what I'm focused on. So for me, okay, this is really what I'm looking for is to just chunk it out every day. One amount of whatever I'm risking, okay? And it could be a different ticker symbol every single day. Every single day it could be a different ticker symbol. I never know, okay?  I don't know exactly what I'm going to do. I know I'm gonna do something tonight because there's so many earnings out, but I don't know what, okay? Okay, now I'm seeing some questions. How do I spot, how do I spot what? Were you talking about a specific stock? I see the gap in the pre-market or the post-market, okay? Like for example, Costco's going to gap tonight. It has earnings, it's going to move. I don't know if it moves up or it's gonna move down, but I will see it in the after hours tonight. After four o'clock, you can watch Costco.   Equity trades during the day when I do them, I put the stop in. Like CVS had a stop. If CVS had dropped below where I had the stop, but 8740 would have been stopped out and I would have lost. That did not happen, but I had the stop in. The stop is like the insurance. It's like the protection, and I don't use stops for options because it's just whatever I risk. So that's it. That's the stop. The stop is the risk and the option for me. I have a rating system, yes. The rating system tells me if the stocks can get bought on the day, if the stock's gonna sell off on the day, and that's how I know whether to go long or short it. Now let's go over BA. BA was a nice short. I called the 350 puts back on Monday at around lunch. Actually, I called this a little bit late on the day. This stock had a beautiful, beautiful move down and continued down and then gapped down. I'm gonna show you the chart on this here. So back in the day here, this is the night. I called this. Then guess what? It gapped down the following day, fell. You could have actually gotten out of the trade here. And then the next day it gapped down even more. So the nice thing about doing the overnights when I call the options trades, I have an options newsletter, is sometimes they will gap into the move.  And then you say, oh my gosh, I'm up a lot. Sometimes it'll gap into it and that's what happened here. This was a nice put. So I'm showing you three risk amounts here. Depending on where you're at, again, the size of your account. This is for an option trade. There was an option call from the options newsletter. An advanced risk on that would be $7,000. Cost of the option was 350, eggs at 11 would have been a $15,000 profit from Monday to yesterday. A really, really, really, really, really nice trade. Beautiful trade. Beautiful return on investment within 48 hours. If you had an intermediate trader risk, 10 contracts is $3,500 risk. You still could have doubled your money and made $7,500. Again, really, really, really nice trade. 200% return on investment within 48 hours. Beginner risk, $3.50, two contracts, $700 risk, $1,500 profit. Again, boom, boom, boom, boom, okay? And this went into the move, dropped into the move. So I predicted on the night that this stock would continue to have an institutional selling. I was right, boom, boom, boom. And in fact, I called it, I'm gonna go back to the trade call here to expire tomorrow. So I knew this would happen this week. Sometimes I give a little bit more time, but I didn't think it needed it, okay? And I was right. Very, very, very, very, very nice short. That was MBA. So that was, this is an option trade. I'm showing you again, same system, same philosophy, same strategy. A different way to take the trade is an option instead of an equity trade, but still pretty quick, okay? But again, you're protected in an option because the most you can ever lose if the trade fails is whatever you paid. So if you pay $3.50, you won't lose any more than that, all right? So I'm calling calls, straight calls and straight puts on the options letter. But if you want a day trade actively, you have to look at the size, the sizing your trade, a thousand shares, 2,000 shares. Again, set your goals. If you want to make a certain amount of money, six figures a year, whatever you want to make, you have to back it out. You say, okay, well, if I want to make $1,000 a day, then I got to get a dollar move and something, or I'm gonna get 50 cents and something to take 2,000 shares. You have to figure it out to back it out like that. But you have to have the money to take it, to take it. Okay, like I'm saying. But the reality is you can say, okay, it's January one, I'm gonna do this. And then by March 1st, I'm gonna do this. Then March to May and you track it out so that you're always moving up. The goalpost is moving, okay? So that you're getting somewhere with this. It doesn't mean that you're never gonna make a mistake. You will have to learn along the way. Let me see there's a question. Are you doing day trades as equity trades? Straight out equity trades. As far as options trade, sometimes I will day trade options. Trade sometimes I'll hold them overnight. So I'm doing them out for the week or two weeks. But I'm not day trading options every day. Some days I hold them, BA was a hold. Some days I will get out of them the day. Some days I won't. If the stock makes a move on the day, why wouldn't I get out of it? Even if, and this is where people just, oh gosh, listen people, listen up. Your goal is to make money. Your goal is to make money consistently. That's how I started the talk today.  If you're up, if you risk $1,000, you're up $1,000. Even if the trade has three more weeks to go, are you really gonna hold it? Really? What if you risk $1,000 and you're up $10,000 and the trade still has another week to go? You really wanna hold it? Why? Tomorrow you can take another trade. I'm calling so many trades. When you look at all my equity trades and my options trades, I'm calling plenty of trades for people to get, make so much money, it doesn't matter. You don't have to hold these things. People, I don't, again, this is the investor mentality. I never grew up with that. I never, never, never grew up with that. I didn't know anything about trading when I started. I never had an investor mentality. I never had a buy and hold mentality. I never, never did. So that's probably why I'm really well, do really well at being active. But so many people have this buy and hold thing, and even if it's short and hold, this hold, hold, hold, hold, hold, like you're holding on to it for dear life. I had this one trader, he said, oh, it looks really good, but the chart looks really good. The chart looks really good. The chart looks good. Yeah, the chart looks good until Trump tweets and there isn't a China deal and everything falls off the planet. Do you know what I'm saying? I mean, I just got done talking about volatility. Training is making money. You're not Warren Buffett. You cannot suffer to hold things and lose money in trades that are up because you will lose in trades that don't work. Do not lose in trades that are up.  I mean, that's just being like smart and people make the mistake all the time. And I only have a few more minutes here. I know it started late. Ba ba da ba da, somebody said, I don't know what point you were trying to make about the double-edged sword, you lost me there. Yeah, a lot of places don't have commissions now that's true. Anyways, focus on the time of the day. Focus on that about buying options, doing them, again, getting back to what I was saying here. If you wanna do this for yourself, if you wanna work for yourself, you can do it. You must be focused. You must book money. You must take profits out when you're up. The nice thing about trading where they're doing options or equities is you can do it from home. You can do it from home. But you must be realistic. So many people, and I hear this all the time in marketing emails. You can take $500 and make 100 grand in three months. Really? Seriously, come on. I mean, I think you gotta be realistic. You risk $500, you're looking to make 500.  By the end of the week, you should have between $2,025. It's the consistency. And it's the consistency and the strategy. And I don't trade any stocks that I don't like that don't rate per my system. What if they go on to work and I don't do them? Well, they go on to work without me. If I rated it and it didn't rate well and it still works anyways, I don't feel like I missed out. I didn't lose any money, I didn't make any money. I probably did something else that day that worked that didn't rate well. Because nine times out of 10, there's usually things that rate well, okay? And again, there's a lot of stuff to look at tonight for tomorrow, okay? Anyways, risking money can be hard, but it's the idea of learning. Once you learn and you have the confidence in yourself and the strategy, then you can put the cash on. You can put the risk on. When you say, I have 100% conviction that BA is gonna drop, I can risk $7,000 to make 15, do you understand? But when you don't know what to do and you're so new and you don't understand what's going on, you don't understand the system, that's why you have to take the class. Everyone has to take the class to be in my live trading room, all right? It's a prerequisite to do it. And that's because people really have to know what to do in order to be successful in my mind. But your dreams are totally achievable with hard work. And I believe that it becomes easier over time.  Any questions here so far? If this is you and you've been losing money for the last several years, say you're lost 50 grand for the last five years attempting to day trade, you must stop what you're doing. Whatever strategy you're doing is not working. You have to be honest with yourself. And I know this is a hard pill for people to swallow.  They will still drink the Kool-Aid that they can figure out what to do it on their own and that they don't need any help and they don't have to pay for a class and they're gonna make it and what they're doing is working and all they have to do is buy and 50 period moving average, no, okay? All along the while, this person was making money every time this went up, but then he lost more. Then he made a little money, then he lost more. Then he made a little money, then he lost more, but over the course of years, he's losing. This is problematic. It really starts to drain on you as the time goes on. The best thing you could do for yourself to turn things around is recognize that you in fact do not know what you're doing if you're not making money by the end of the calendar year or come December. If you didn't make money this year, then your strategy you're using does not work. So you have two choices. One, pay someone that's an expert in the market like me to learn my system what I know or follow my trades or two, stop trading and quit and don't do it anymore because you're gonna bleed money into 2020 if you continue to trade and go down this path. And eventually it just takes a toll on people. It takes a toll on their confidence and their finances. The best thing you can do is to get honest with yourself and look at yourself in the mirror.  If what you've been doing has not been working, it doesn't mean you personally are a failure. It means the strategy that you're doing to trade that you're using is a failed strategy.  So many people think, well, I have to accept them that I failed if I quit. I have to accept that I failed if I have to pay someone like Melissa to learn her system. That's not true. It took me three years to figure out how to do my system. Three years to put it all together. It was like a lifetime for me because it was a very difficult period in my life. But I figured it out. I think I'm an anomaly. I think I'm an unusual person to have done that. I'm an extremely strong individual. I don't think a lot of people have the money or the time or the wherewithal, the strength of character to do it. So you pay someone and that makes the process easier for you. But I found that through the years, talking to people and having people follow me and come to free webinars like this, they just don't wanna come to Jesus' moment. They don't wanna say that what they're doing is not working because somehow that would make them feel like a failure. In the end, you're not a failure if you say the strategy that I've been doing doesn't work. Shorting tops and buying bottoms doesn't work. And if you admit that doesn't work, you'll stop losing money, number one. And number two, you'll turn things around. And I think 2020 is a year for fresh starts, a year for people to turn things around, a year for people to really make the most out of their life. I think it's a turning point. Numbers-wise, all of it, everything together. And I know I'm running out of time, so I'm just gonna quickly go to the strategy and the class information here if you're interested. I teach a system. It's called the Golden Gap System. It's one strategy, that's all you need to be successful in the market. You do not need a general, overall, broad-based view to make money. Tons of people have been a failure all the time. Learn how to read institutional money and price patterns and gaps. It's something that I teach in my class and you don't need to do anything else, okay? It's what I got me on TV because I'm so good at it because if your reason for doing this is to make money, you will make money if you follow a system. You can do this from home. And the class, if you're interested, is this weekend. Now, I know today is Thursday. This is the last class of the year though because of the holiday. It's December 14th and 15th. Nine to five Eastern time classes online. It could be anywhere in the world and take it. Cost of the class is $64.99, okay? Email me if you wanna sign up. I'm Melissa at thestockswish.com. The combo includes the trends. It's two classes for $69.99. So you take the class Saturday, Sunday, and Tuesday. This is 11 to two on Tuesday and you would save, okay? Two classes for one price. If you cannot do the class in December, the January class is January 11th to 12th, nine to five. Cost of the class is $64.99, okay? If you can't do the class this weekend. I am doing a holiday deal though through Saturday. If you wanna do the class this weekend, you'd have to sign up by tomorrow. If you wanna do the class in January, you have through this Sunday to sign up for this offer. You would get the trading room free for one year. One year with the class. You just have to sign up and pay by Sunday. But if you wanna do the class this weekend, you'd have to sign up and pay by tomorrow. If you wanna do the class in January, you could sign up and pay Sunday the 15th of December this weekend and then start the trading room in January. Normally I charge four grand a year for the room after the class. So this is a really, really nice deal. But trust me, you're doing yourself a favor, you will save money in the long run if you get proper education on a right system. And if you're losing, what your system is doing doesn't work. If you're interested in alien options, then I have an options newsletter. It's 59.99. It's one year. I only have an annual membership. The trades are emailed to you. You get the trades. BA was one of them this week. There was a ton, a ton this week actually, but I just talked about the one. Any questions from anyone about anything? I think I'm over a couple of minutes.  Hope everyone learned something today. Any questions? Thank you.


79 years ago, this tranquil and beautiful harbor was rocked by an unprovoked attack that changed our Navy, our nation, and our world forever. On December 7th of 1941, Imperial Japanese forces thought they could break our will to fight and our capability to do so. But they were wrong. Our sailors and marines rose up to fight back, from the flaming decks of USS Arizona to the victory aboard USS Missouri. They never stopped fighting. On the surface, below the waves, in the skies, and on every hard-won island, they embraced our core values of honor, courage, and commitment. Today, we remember them all with a prayer of gratitude and a determination to carry on their legacy. Never forget Pearl Harbor. Please remember those who went before us and let that drive your service today and every day. For you make all Americans proud, and it is my honor to serve at your side.


Welcome to the Spring Institute 2022, and I'm very pleased and happy to hear the surprising impact of hands from our colleagues in the Faculty of Land and Forest System. And without further ado, I'm going to pass the torch to Mike to Superian Nomath. Hi there. Thank you. Thank you for joining us. I'm so grateful to be presenting this. This has been pretty crazy, I don't know, two years, and I guess it's still going. But one of the, and it feels like we're really learning from a lot of the things that we've seen. And one of them was we set the studio up in earlier this year, and it just took off. Before we get started, I just want to acknowledge that I'm joining you from the traditional ancestral and unceded lands of the Squamish, Musqueam and Swayva, Swayva-tooth people. My name is Superian Nomath, and I'm in the Faculty of Land and Food Systems. Our co-presenters today are Sahil, Sahibu, and Dr. Carol McCausland, sorry, and Duncan McHugh. And so just to start it off, we set the studio up after a couple of failed attempts around the beginning of 2022. So very recent history, I don't know, I think the pandemic was over, and then it was up now again. And sorry, and then the last point is I want to encourage you to, it's a small room, go ahead and ask questions. If you want to interrupt, you can put your hand up. You can show, you can use the reactions and put your hand up digitally or just put it in the chat. Thank you very much. And over to you, Carol. Thank you. Hi, everyone. So I'm delighted to be here as well with my partner on this, Sahil. And just what I'm going to do is to show some slides. And it is when Superian suggested, if you have some questions, don't hesitate to unmute yourself and just ask the question verbally that might be more direct than putting raising your hand because it might be slow to see it. The title of this presentation is a surprising impact of hands. And it's to showcase what the LFS pop-up studio is doing, but also to give you an idea of, so I'm an instructor in LFS and was teaching, was one of the people, was one of the many people who was teaching at UBC in spring of 2022 when this happened. When over the weekend, at least here in British Columbia, we went from being in person to being, everything being shut down the doors, but everything having moved inside. And so we were trying to scramble to try and present our lecture material to evaluation and everything through Zoom, which most of us had no clue how to deal with it. And so what we got was a lot of, so I'm an economist and so there's lots of graphs involved in what I do. But what you got my students were seeing was, here's the picture. There was a little cursor moving around. If they were lucky, sometimes I could annotate. And then there was my face up in the corner, usually frozen in some weird facial position. And it was just difficult in that context to explain, wait, it was difficult to explain graphs and equations and images because you couldn't get in there with the image. Usually when you're presenting graphs to students in economics classes, you will be in there and you'll be drawing that on a whiteboard or on a document camera, or even if it's projected over top, you will have a pointer and you can be moving your hands around showing this is where I'm talking about the supply curve. Here's when I'm talking about the demand curve. In case the student forgets which one's demand, which one's supply. And so it was just really hard to do this online. And the other thing was that your body language was just missing. So all they were seeing was ahead.  And there is evidence, and I made the slide, I thought this was emerging, but research has been done on this for 20 years about the role of gestures in teaching, but gestures matter. So and particularly, this is what the recent stuff is finding, it matters especially when it's paired with explicit declarative knowledge. So when you're saying, do this, then step B, then step C, having the hands that are helping students get that. There's that extra information that comes around about the shape of things and the flow of things. And that was all missing when we just had our faces up in the corner of our zoom screens. And also just seeing weird for students to just be seeing this head. And so I played around with it on my own early, and I guess spring 2022. And I was talking with Cyprian and then people in the learning center. What can we do just beyond PowerPoint? And then they figured out the learning center ways to have actually having a hard time seeing what. Sorry, I'll just adjust the monitor slightly so that you can see it better. So we played around with OBS for a bit. And so what we're showing you today is not using OBS, but that was what we had initially to work with. And OBS could do a lot, but it was very fragile. And so they created a studio environment where the instructor could act like a weather forecaster. So I guess I was working with the two failed attempts of the studio. Not quite, but one of the attempts was that we had this was our. This is the final stage that. Sorry, come on screen. This is the final pop up studio version that we have set up. But you were maybe in the version right before that. OK, where we had it set up within a day when you needed to go online because of the speed up that we see announced that we have to switch to online teaching. So yeah, this is one version ahead of your version. So and it was great because you could now be in front of your slides. And so like a weather forecaster, I can be in there. I can be here's my supplier. Here's my demand for here's the two dollar tax that you might be setting in in market and then I could show the students. See how the two dollar tax drives a wedge between the prices that suppliers are getting and that's what consumers are paying. And then that leads to a lower quantity raises the prices for one of the groups. And but it did allow me to draw on the slides. And then we were able to students could keep that in the video that they received afterwards of the lecture. But also we could save the annotated slide deck and then that could be uploaded afterwards so that they actually had the slide deck that had been annotated during the lecture as well. But it just made a huge difference for me, at least in terms of what I could present to the students because I could be in there. And if I needed to, I could draw on there and supplement the content as we were moving along. Oh, I guess one of the things that we can now do is that we've got you better technology than originally with the 810 mini pro. And so from a touch of a button, you can toggle between your slide deck or a video that you might want to have that you've set up in advance on YouTube or a dot cam so you can have multiple inputs that are coming in. And it's really quite seamless to move in between them. So let me just go over all the constraints that we had when Carol had approached us. One of the constraints for us was that space for us was a premium at UBC. And so in the previous iteration that we had, Duncan might be able to talk more about that we had to give up that space and move and set the studio up in our temporary space, which is technically a flex space over here. So if I can just show it around for you, I am going to go ahead and show you what the studio looks like. So there's our green screen lights. And over here, we have our two screens set up with a monitor right there. And you can see yourselves over there. We have a back channel running and our graphic tablet set up on the table with the ATM mini pro, which works as a switcher. So now I'll be switching from the mobile view back to the slides. And I'll be able to talk to you again and you'll be able to see me. Duncan might be able to talk a little bit more about the previous iteration that we have for the studio. Yeah, so I think one person or one thing to just in part, if you're thinking of setting up something like this, it's just to know that this was done over several years. So we started experimenting with studio space many years ago. But like many people at UBC, we struggled with finding dedicated space for that. So it's kind of been bumped around the building a bit. And then we finally decided to take over a computer lab that we had set up within our office. So the lab that they're in used to be called the Media Lab. And we remove some computer workstations to make that space. And so it's still a flex space. So when Carol was showing off the green screen, you may have seen that it was on a track system. So we actually have four different backgrounds. So we have a black, white, gray and then also the green screen. We can also move that away. And if we want to have this as a meeting space or a video conferencing space, we can we can set that up as well. So, you know, in our faculty, we have this mantra mostly about research spaces that nothing, no one thing does one thing. Is that right, Supreme? I think I'm butchering that a little bit. But we found that we've been able to take that to heart with this space as well, because we can't really have justice studio space. We also have to keep it accessible as as meeting space. So the equipment has iterated as well. We've had DSLRs for this purpose when we've recorded videos. And now we've upgraded to the black magic pocket cinema camera, which is really the most affordable at the leap. If you're going to make the leap into cinema cameras like that, that quality, the black magic is the the the most painless way of getting there because the prices for those can go through the roof. But this was relatively affordable and it's comparable to a DSLR. And as Sahil mentioned, when he originally took on Carol's request, he was using OBS, but it was the ATEM mini Pro switcher that really made this seamless and has been the thing that that is kind of the secret sauce I'd say for the studio. So I can add more about why OBS is not was not as good as the ATEM mini Pro. So in the beginning, we hadn't set up the ATEM mini Pro and we had OBS running the green screen cancellation and had differently. So a little bit about OBS, OBS is a broadcasting software. And the thing that it does is that it allows you to bring in different kinds of windows, different kinds of files and allows you to customize your video stream. So now, for example, if you are on Zoom, you have one camera and that's usually your webcam just giving you one single screen.  OBS as a production software allowed you to bring in all of those different layers and you might have seen this in a lot of different videos on YouTube. If you have seen any videos on Twitch, a lot of gamer vloggers use these. But what we wanted to do was we wanted to experiment with this in a teaching setting. And when Carol approached us saying that she wanted to have hand gestures for slides, OBS was no brainer for us in the beginning. But then we started realizing that the green screen cancellation that's on OBS, it's done via a software rather than a hardware. And so you start seeing all of these little glitches on the green screen cancellation, which is not the best. When we switched from OBS to ATM Mini Pro, there were a few benefits of it. One was that it reduced our text at a time. It was a lot more stable. The green screen cancellation now happens on hardware. So if I can just show you what our original video stream looks like, that's basically what the original video stream is. But with just a click of two buttons, I can bring back the slides and everything else, which is a lot easier than on OBS, where you'll have to go open the window switch between the layers and do all of that switching. So having this hardware did make things a lot easier for us. Yes, so OBS was hard to work with if you wanted to switch your input. So you wanted to bring in a video for three minutes and then move back to your slides, whereas now it's like a single touch of a button. The upside of OBS, though, is that it was free. And so in theory, if the instructor knew what they were doing, they could run all of this in their basement. And so all you would need would be the green screen hanging over, you know, tacked up to your window and having two cameras and then the OBS. But they were able to develop something much nicer than that than my dark basement, which the lighting was changing as the sun was setting. Not great in the winter. It also handles green screen. You can see how wrinkled the green screen is, which just shows how robust the chroma or the like the the the ability to knock out that green is. Because that with less robust software, that would cause some issues. But the ATEM Mini Pro does an amazing job of it. And we don't have to laboriously steam clean it every time we want to unroll it and use it. I guess what I'll talk next about is just from an instructor's perspective, having the ability to be in the screen was just it was lovely. It made me feel like I was in a classroom and I can have on my screen. I could see my students, those who turn on their cameras. I could see how they're reacting. So again, like being in a classroom, you could have these multiple modes. So you could be running iClicker polls or have the students typing in word clouds through Mentimeter or using the chat and annotate functions in Zoom. One of the things that I noticed when we moved online was that the students who were making comments was different than the students who were commenting in class. I've heard this from other faculty members at other universities as well. Like it's sometimes like completely non overlapping set. In which the kids who feel comfortable typing into the chat are not necessarily the ones who will pipe up in class vocally. But this was a nice thing that that we discovered that there was another set of students who wanted to talk or contribute. And another thing that's been really great and want to keep is that the students are having a video afterwards. And so they were using this as reference material. And it was and it's easy to exclude the student images from the recording if you just simply spotlight yourself. Then Zoom was automatically leaving out the students. So the recording didn't have the students faces. And the default was that the students weren't seeing each other. And so they could go through and change their settings afterwards so that they could see one another. But the default was that they weren't. And so they didn't feel as on I guess on display. And the students really seemed to like this when we were stuck online. They liked the weather forecaster. These are some of the comments that we got from the student experience of teaching. And you have things like they well, they like that we were making an effort for one. But they also seem to like having this technology. It felt less sterile, etc. The cons were back when it was OBS. OBS was just notoriously unstable. And you 60th lecture into the into the semester. We just do something new and weird. And so we needed to have a better technology, which we now have. Or Sahil had to be within earshot so I could yell out, we've lost, you know, we've lost the camera. The other one, and this is everybody I think had this problem and there are various solutions, how to get some of the students to turn their cameras on so you, the instructor, are not just talking to little boxes. One of the things I did was lotteries.  All the names went into the slip halfway through the semester. And then we did a draw and whoever won got candy. But there's also been a debate about maybe we should just stop fighting that and just accept that maybe students actually learn just as well, maybe even better if they can be doing something else simultaneously in their homes and don't want to have the camera on again. And the ATEM Mini Pro, that seems to have fixed a lot of the problems that OBS was causing. But we still need to have redundancy in a back channel because sometimes Zoom fails. Nothing to do with OBS. Sometimes, and I had this semester, student was participating in a debate from outside the country and this was a big part of their assessment and Zoom just shut down across the whole university. And it's good if there's a way that the students can check in through something else and what has happened so that they don't freak out, we can get them back. And so I guess that's one of the cons leading into continuing on with this. Like the students really like the videos and we shouldn't be requiring that students are coming to school when they're sick. They shouldn't be coming to school when they're sick. And so if we want to incentivize participation, we need to be careful that we're not also incentivizing presenteeism, which is bad for public health. And so having multi access seems like it should be an important part of our delivery at UBC of content and engagement with our students. And so I guess what I if I get to put in a request for what are we going to do next? It would be figuring out how to take all this fabulousness that we have for an online course to turn that into a multi access course so that I can do push a button and we've changed what the students are seeing, both the ones who are coming in through Zoom and the ones who are in the classroom. And so that's, I guess, moving forward and a discussion point about how do we pair multi input presentations with multi access instructions? Instruction, I think it would be great if anyone who is attending the the the workshop here or the presentation wants to weigh in with some questions. Or so feel free to put something in the chat or you're welcome to unmute and turn on your camera if you prefer and and ask. I still have a bag of candy upstairs. So I mean, oh, what's the estimated budget for all of this? That's that's a tough question. How do you want to take it, Duncan? Sure. Yeah. So like I said, we iterated this over many years. So and we've used this equipment for many purposes. It doesn't just serve for a studio space. It also can be used for, you know, recording workshops or or going out and recording videos for other purposes. I would say if you wanted to recreate this exactly, it's probably around seven thousand or a bit more, but you don't have to do that. You could bring it together with the equipment that you have. The ATEM Mini Pro, which is the the thing that we've talked about, is around eight hundred dollars. So that is, you know, that's an investment, but it can handle any kind of HDMI input. So if you have a DSLR already, you can and it has an HDMI output, you could use that. The things I mean, that I think the trickiest thing at UBC Vancouver will be to find a space that you can put it in. But once you've got that, then a green screen is, you know, you can build the frame yourself with kits. It would be around a hundred dollars. The lights are a couple of hundred dollars. If you have a PC, a decent PC, you can use that to run some of these systems. None of those things, I think, should be a barrier. The camera that we use right now is around two thousand dollars. So that, again, is like, you know, it's an expense. But if you have other cameras, then you you could make use of those. Yeah, you don't have to do exactly what we've done to have a lot of these benefits that that Carol and Sahil have spoken about. See, I wanted to initially we got this working with Panasonic GH5. And in our faculty, we lend these things out, right? So we have three or four GH5s and we just during the pandemic, we weren't lending them out. And so we just took one and it served in the studio. The thing is, we're in the Macmillan building on the UBC campus. So if you are interested, we are happy to show you anything. Just let us know and we can set something up. What we're going to mention is that some of the people who have expressed an interest in using this is also the students. So they're excited about the idea of being able to be in their presentation depending on your configuration, you can have videos in the background and so they can be engaging while they give their presentation with something they might have done out in the field. And so it's a nice it's a nice studio for using for also building content. So I know other faculty are for students who missed such and such a lecture this year, they're saying, well, you can look at last year's video that I made when this thing was online. And so one of the things I'm planning on doing over time is building up tutorials for some of the content that is repeated every year. Here's how you do this type of assignment so that they can watch the videos. And so I plan to use the studio for recording those. I wanted to talk about potential other usage. The so I think we mentioned that this was a later iteration of the studio and the other iterations basically we had very few uses to the point of well, it was frustrating. And however, I also wanted to note that UBC UBC in general has about 10 studios that I know of centrally, plus the big one. And then a couple of the faculties have studios as well. And from what I hear with possibly with the exception of solder was that most of those studios were not used very much, especially at the beginning of the pandemic. And so for us, the big break came when well, started when Sahil started started working with Carol and then Carol presented at a faculty meeting. And then after that, we had perhaps 10 percent of the room contacted us saying, hey, can I get my hands on this? We would like to use it. And so potential other uses are obviously the communications and marketing people are interested as are the development people, so people who want to create media to interact with alums. The other potential use is we had a studio a student show up one day the second, the day after we opened it and said, hey, I hear you have a studio, I'm going to a conference and there's going to be a three minute thesis competition. Can I use it? And so we said yes. And this guy was a natural, quickly recorded his video in an afternoon. And we hear he got second place, right? But this guy had a ton of charisma, you know, I wouldn't be surprised to see him on TV or YouTube at some point in the future. However, perhaps 50 percent of the inquiries coming for the studio now are from students, right? And I think Sahil could elaborate, but some of these are grad students, right? And and I think that the ability to stand in front of a camera, first of all, it's Carol, I think you're probably a natural as well, right? But it's something that a lot of people feel uncomfortable. The first five, ten times they do it, but you get better at it, right? And I and I think for students, sometimes students need to stand in front of a camera for a high stakes event like a job interview or interview for like a recorded interview or conference. And it's my hope that by making this available to students, they will this will become a skill that they develop and bring with them in their career, almost like a literacy. And so to that end, we are also talking to our student services to possibly conduct workshops in here.  I was just going to mention we've also launched a couple of micro certificate programs or micro potential programs and the ability to have something with a bit more polish than someone doing a Zoom video at home is really nice for that as well, because those are all being delivered remotely. This is Sahil has assisted the professor or the instructors for those courses. So they're able to present recorded lectures with a bit more polish, which is nice. As for going forward in the future, Carol, OK, thank you for your request. I mean, a couple of the things that we're thinking of is group student presentations. I know we have an instructor who has who has constantly been hounding us for a way to get his students in front of a camera to do a group presentation potential use in three minute theses. I know Duncan helped one of our one of our winners do a three minute thesis video. I'm pretty intrigued by the whole one button studio idea and the idea behind a one button studio is you go into a room and you press a button and do your thing, walk out with your presentation on a on a on a flash drive because right now as an administrator, that we still need to have somebody supporting the professor. Yeah, there you go. Thank you, Duncan. And then I mean, one other feature, Sahil, you mentioned Twitch and YouTube. And I don't really watch Twitch, but one thing I have seen that feels kind of interesting is when you and this actually was on a Facebook live, when you have people commenting in the chat, having the person on the screen sort of pull that chat onto the screen and go, hey, Duncan from Vancouver, how you doing? And that that is an interesting piece of interaction that I actually haven't seen in Zoom either, right? But but I have seen it elsewhere and that seems like it might go ahead, Duncan. Oh, I'm just going to say John has his hand up. So let's get John in and then I have a question from Mo in the chat. Hi, everyone. Thanks for sharing this really interesting setup. And yeah, I was just sharing something with a colleague that I've been involved in green screen productions before through this unit called EDC Health. And I was just wondering how portable all this equipment is in terms of like potentially moving it from one space to another space and and other colleagues using other instructors using it. So I had this issue before this is years and years ago when we had green screen displays and lighting and teleprompter bracket. But this seems to be a little bit more complete as a package. So I was just wondering how portable it is for how are you finding it in terms of portability? So I can take that question. Currently, the way we have set this entire studio up is that anything that is a device, any hardware device is on one single table on wheels. So if needed, we can just move this entire table anywhere in the room. There we are not currently supporting moving this outside the space that we have over here, but we can move this entire setup to another room if needed, because everything is technically just on one table on wheels and the only two cables that are connected to this table are the power cable and the LAN cable for internet. All the lights, they are on tripods, they can be moved and we do move them after every every time the studio is used because this space technically is also a meeting space. So if we have a meeting here, we do not want all of this equipment to be in the middle of it. So very portable in the end, the only thing that we currently have that is not super portable is the green screen. And that is just because we have them on curtain rods. But if you have a green screen, which green screen frame, which can be put up and pulled down, which is the iteration that Carol was using, you can move the green screen to another space as well. So if you are thinking about portability of this entire equipment, you can set this entire equipment up on a single table such that that table can be moved anywhere that you want. So then that becomes super portable. I wanted to add one of the things that is unportable is the computer that it's attached to, right? Like it's a huge box. And so if you used a Mac mini, for example, or something with that sort of footprint, it would be portable as well. But it strikes me that the green screen is always a little bit tricky, right? Because it because they are unforgiving. And so the ATEM mini does, as Sahil mentioned, does a hard work hardware green screening. And it's and it's really sharp. OK, go ahead, Duncan. Oh, yeah, I was going to say, I mean, all of the pieces could be moved, but it would be a pain. So it just depends on what the request is. And it could be done. But, yeah, this isn't meant to be moved around too much right now because of the way that we've set it up. But, you know, if the right person asked, we could do it. But do you think so I'm just thinking what we used initially, which was much we were using OBS. We didn't have a switcher.  We had a camera and a ring light and a green screen and then a laptop. And you needed an external monitor if you were doing the weather forecaster thing so you could see both your students and what was happening. Like you needed a bigger screen than a laptop. But how how bad would it be if we had just that?  So that's the thing again, that you need a second monitor to see what you are pointing at. So currently we do have a tiny monitor over here, but it's very difficult to read what's on it. So you have another monitor over there which is showing you your presenter notes, which has all the slides. If you are doing a weather forecaster setup, if you wanted to be seamless like how it would be in a classroom, you need that feedback right in front of you. So if you want that extra monitor and you want to have a strong computer, which is not a laptop, then it just starts every iteration upgrade that you're doing for any feature, it is going to add a little more mass and weight on the equipment side of things, which is going to make it less portable. But in terms of portability, can it be done? Yes, but there might be a chance that some of your devices might not be able to handle the high resolutions sometimes. So you will have to reduce your camera resolutions, you will probably not get 4K out of this. Okay. Yeah. Somebody had a Tracy question? Oh, let me just get to Moe's first because he had it queued up first. So he asked the question, can alumni like myself use your facilities to change the world through providing education to people in low and middle income countries? All right, so I mean, we're LFS, so we support people in the LFS community. You could certainly reach out and if it seems like it's a good fit for our mandate, like we'd be happy to help you. But you should also know there are other facilities on campus that can help out. So UBC Studios has a DIY do-it-yourself studio, so you could look to that. I've dropped some links in here. There's also the Learning Commons at UBC, at the Chapman Learning Commons, which is run by the UBC library. They have a DIY media studio. And then there's also the Inspiration Lab at VPL, which is the central branch of the Vancouver Public Library. So it wouldn't quite be this way, although I know with the VPL, they do have a green screen. So you could look out to those resources as well. And if you are at UBC Vancouver and want a tour and talk about potential collaborations, by all means follow up after the presentation and we can talk about it. I think you had a set change the world. Yeah, exactly. We're very much on board with that. Sharice had the next question, or anything else to add to that, Mo? So the follow up question is, can we use this technology to have a small class, to have a small class for effective and efficient teaching and learning outcomes? Yes, that's what Carol did spectacularly last term. So certainly I think this can really support that. Let's jump back to Sharice's question. So from what I think I heard, when instructors at LFS are recording lectures or teaching a live class online, it is supported with a staff member during the entire time. This is the arrangement we had with UBC studios that has a producer with the cost to rent. Thank you. So I'll just clarify one thing about UBC studios. They have a couple of different facilities. So there's the Lightboard Lab or the Lightboard Studio which does have a staff member. And then there's the DIY studio which used to be the OBS or the One Button Studio. That, the One Button Studio DIY studio is meant to be run by the user and does not have a staff member present, although there's someone on call. And then the Lightboard does have someone on, someone there at all times. Sahil, maybe you can talk about the journey you went on in terms of the amount of support that you had to give for this setup. All right, so we first started with OBS and since OBS was fairly new to us and you're just experimenting with the software, it took us some time to get the nitty gritty of that software right. So initially the software crashed quite a bit. We couldn't figure out why it was not taking a screen properly. So we had to put a lot of crop filters, but then if you change one slide to the other, sometimes changing the file changed all those things. Back then you needed a technician almost an earshot like Carol mentioned earlier. But then when we moved away from this, we moved away from OBS. Even when we were using OBS after everything was perfectly set up for Carol, I did not really have to provide a lot of technical assistance because Carol one was experienced in using OBS by then and the software was more or less working the way we intended it to work. Then we would only face problems if we were changing media types. For example, if you're moving from PowerPoint to a PDF document or a Word document or a browser. So that would cause issues sometimes. So that is when you needed a technician. But when we moved to the ATM Mini Pro, ideally just having one hour of conversation about this, if you understand this production tool fine, you will be able to offer one or use this tool independently and you wouldn't even need a technician present here. So I would say, yeah, with ATM Mini Pro that technical help that you need is very little. With OBS, you kind of need a technician. Can I just throw this to Cyprian? What's your dream for the future of this kind of setup? So my dream would be every instructor gets an ATM Mini Pro to use in their basement or to carry with them when they go into a lecture hall. Because it's HDMI out, I think you could input that into the classroom and it's really easy to have four buttons to control four video inputs, right? And so he'll showed a bunch of things but he didn't show an iPad, right? Which is the other really obvious one for me. And there's the other thing about this piece of hardware is that it also, if it mattered to you, you could output to YouTube or to a hard drive. So it's really pretty well-featured. And the fact that Carol picked it up in, I don't know, an hour, did you say?  And then she figures it out. But that strikes me as simple enough to use, right? Like, because I know that when you're struggling to in front of an audience and something goes wrong and rattles you, it very quickly could become a downhill spiral, right? And something like this ATM Mini Pro with four big buttons, I think. And there's a fade to black and over off on the right. Just seems like it's easy enough. It seems to hit that sweet spot of scaling up end users to do amazing things, right? I mean, a lot of, we support people in the learning center as well. And we're constantly trying to, it's a fine balance between how much do we do the work or how much do we make it easier so that we're not needed? Anyway, that's what I would have to say. So can I just add a few things over here about the ATM switcher, the way we have set it up currently? You mentioned we did not talk about an iPad, but I have been using my iPhone this entire time to show people what's happening in the studio. So our fourth input is currently set to a portable device, which is currently my iPhone, but it can be for any device that can handle HDMI. So it can be an Android phone, it can be an iPad, it can be a tablet, it can be a second computer. So if you want to bring in your laptop on a station that's already there, you can do that as well. Currently we don't have anything on three, but two is our slides. One is the green screen camera. And then we have a software control panel, which is just downloaded on your laptop or computer. And over there you can select which input you are setting as, which input has the green screen and needs to be filtered out. And then you can just set it up on the key over there. So if I press off on the key, we disappear. If I press on, we reappear. And currently I have put an image in the background and the image is our faculty of Land and Food Systems logo. But you can also do the same thing as fade to black and I'll bring everyone back again. Sahil, can you do a little square on the corner? And while you're doing that, like- Yeah. But, and you're right. So I realized as soon as you said that, that really the iPhone is where I live. And so to be able to use that in my lectures or whatever, I don't lecture, but to be able to use that is closer to real life, right? So videos that you shot that day, videos from out in the field, student videos, right? If they ever dropped your videos, you could presumably show them right away. Anyway, thanks. I should clarify, I don't think anyone here is getting any money from ATEM Mini. Just wanted to be clear that we're not secret agents. We had just big funds. Actually for five simple payments of 199 call now, I can help you out. Do we have a voucher code for them? But yes, it is, the thing that I love about it is that everything that all the softwares are providing us with, right? In Zoom, you have immersive video now. You have picture-in-picture. You have those virtual backgrounds.  You have all of these features, but this one tool does everything for you. And it's easy because you can see what buttons you're pressing, which is why we kind of like it. It strikes me that one other thing that perhaps worth mentioning. So he'll mention Twitch, right? And so it feels like we're constantly being driven by whatever our students are seeing, right? And so if they're using Twitch to communicate and we're using something not as good as Twitch, it shows, right? I mean, obviously stability matters. So I got the inspiration for the ATEM Mini by hanging out with digital video people, right? And at the beginning of the pandemic, I didn't go out. And so I spent five hours every weekend talking to the digital video pro people, right? And this for them was, you know, perfect opportunity. Well, they were rethinking their whole business, I think. And so I think it's important to just be open to cast a wide net for where you get your inspiration from. And that's the key thing, right? $800, I think initially seems like a lot, but if I'm saving whatever sales salary is, that pays for itself very quickly. The reason I got interested in the idea of the weather forecaster was I was watching amateur musicians online. And when they got pushed online, they started trying out with OBS. And I came into the Learning Center. And it turned out that Wayne had also been experimenting with it. And so, you know, it was, and one of the other things that we haven't used, but there's like software like Jamulus, which allows like almost instantaneous, like the delay is so small that you don't actually hear it anymore. So you can actually jam with people in real time for music. And the lag, you know, it was just a killer for playing music with other people online, but they figured that out. But we just, we didn't need that for teaching. But, you know, I guess, so that's that thing about hanging out with people from other silos. And sometimes they're doing something you're thinking, oh, you know, that could really help me. So ukulele's gaming. I don't see any more questions. Thanks for the great comments from people. And I know at least one person asked for a tour, so in direct messages. So I will pass that on to the team. Anything else? We have 10 minutes till two o'clock. So anything else to add? Well, I'm good with all the things that I wanted to talk about today, unless people want to see what the software control for ATM Mini Pro and OBS looks like. I had not planned to go with that technical in the presentation, but if somebody is interested, I can go ahead and show that as well. I wanted to add just two things, just to sort of see what other experiences in the room so we have the UBC, we support the UBC farm and we also have a distant location in Legacy Dairy Research. And so we're very interested in portability and outdoors as well. So John or others, if you have ideas, let us know. And I mean, the tough thing for us is we spoke about a $2,000 camera. I have like a $2,000 iPhone that takes the most amazing pictures ever, right? And I'm not the only one on campus with that thing. So we're also very interested in where iPhone's going in this as well. Go ahead, take it away. Samina asked for a tour of the hardware. So how? All right, okay. So you have seen what the hardware device looks like, but that hardware device has a software control device which I'm going to share right now. I am now behind the ATM software control. I am going to put up the monitor again because I need to see what I'm pointing at. So on the ATM monitor control, we currently, this software production software is used for all kind of production tools that Blackmagic provides, which is why you see a lot of these gray boxes here because those are for production softwares which have production tools which have like 16 different inputs that they're handling. ATM Mini Pro handles four. So you have four buttons right there. Currently, we are on the second one, which is why that one is lit. And this is for previewing. So we also have a monitor connected here on HDMI which tells you what the, which can show you what the preview would look like. So you have that software control. On the other end over here, if you can see it, it shows what you can add different kinds of pallets. And one of the things that you can do is you can control the chroma key on the pallet. So I'm here going to point at the chroma key. So the chroma key is our green screen cancellation. You can see it's coming from camera one, which is why when I am moving from camera one to camera two when I switch on the key, oh yeah, you should also be able to see that. Every time I am changing anything over here, if it is also showing up on the software control. So you do not actually need to control this hardware tool from the hardware tool. You can actually have it connected via a LAN connection to another computer and that computer can control this device instead of having someone who is teaching control it as well. It's very versatile. You can do it in multiple ways, but that chroma key is the reason why you are able to see the screen behind me and me in front of the screen. So that is one key thing. It also provides you, because we are using Blackmagic devices, it allows you different kinds of control. Like you can see over here, you have camera control directly from the device, from the software. So you can actually control different things with the camera. So you can control the camera's focus, you can control a lot of different things, you can control your audio inputs, everything can be done via the software, but this is only for setup. Once you have set this up, this device is ready for you and then you only have to go by the hardware. The other thing that we had used in the past was OBS. So I'm going to go ahead and find the mouse and open OBS Studio for you. So this over here is your OBS window. And as you can see, you have the option to create different scenes here. So each of these scenes is basically a collection of different layers. So the more layers you have, the more inputs you're bringing in. So currently over here, again, OBS is an open source tool. So you have a lot of different plugins that are provided by other creators who, which will work with OBS and allow you to add more flexibility to it. One of them is, for example, an NDI plugin, which comes from Nutek, I believe. And that allows you to connect your phone as an external device if you're connected on the same LAN network. So yeah, having the same LAN network really allows you to do a lot of beautiful things with all of these softwares. But over here, you can add a media source. You can add an image. You can add a display capture, which would be from your, which would be just mirroring your screen. And you can add video capture device, which would be your camera. And you can add different kinds of windows, which would be in the windows capture. And I have also installed a plugin for iOS device capture, which allows you to bring in your iPhone or iPad. So once you have these scenes set up, you can set scenes up for different kinds of things. You can set one up for slides. You can set one up for videos. You can set one up for documents or web browser. And that is what we had done with Carol. We had basically set all these different scenes up for each and every type of file that she was going to use so that all she had to do was switch between those scenes and they can be renamed. And once that is done, all you have to do is export it as a virtual camera. And that would allow you to bring it in to Zoom as a camera device as a webcam. So that is just a quick run through of all the technical devices that we have used in the past. And are currently using. Do you have any specific questions that you want to ask about this? I'm going to actually, I'm going to close the session. You can continue the discussion afterwards, but I just wanted to thank everybody for coming today. Thank you for the discussion. And I especially wanted to thank Sahil for all of your tireless work. I mean, Sahil I think was working on this all morning as well as all the other work. And thank you so much Carol for being the perfect, the perfect inspiration. Yeah. And thank you very much Duncan as well. And then our other colleagues who aren't in the room. Well, they are actually is Judy Chan. Thank you. And Gabriel Smith, thank you. And our IT department.