I'm going to get started here. Let me know if everybody can see the screen and hear me. Kevin from New Jersey. Well, you're not that far away. Welcome, everyone. Going to do a webinar tonight. Little motivation, little information about trades. Great day. Great day for me. And we will review the trade from today as well. And for those who are here tonight, if you would like a trial to the trading room, feel free to email me. I'll put my information in the room here. There you go. I don't know what we'll get tomorrow, but probably something good. Keep going. My name is Melissa Armand. I own a company called The Stock Swoosh. And tonight I'm going to talk about how you can make $1,000 a day trading for a career. Basically, there's only one strategy that I trade. And in fact, I usually focus only in one direction, which is shorting. And if you don't know how to short, it's a very lucrative way to make money to market. Why? Because stocks tend to fall faster than they rally. Panic comes in when stocks sell off. Today's trades are a great example of that, actually. And we will review them. If you have questions, you can call me afterwards at 9 to 9 at 3200 GATT. And email me, like I said, at melissa at thestockswoosh.com. So here we are. We're really right at that halfway point at the year a little bit. Pass that, actually. And if you're in a job, or if you're trading right now and the strategy you're using isn't working, it's time to assess and reevaluate. And actually, I've been assessing also for myself my risk. My trading's been going extremely well. And I've been thinking about increasing my risk. So the halfway point of the year thereabouts is a good time for evaluating your financial goals and your career. Are you on pace to make the money you want to make this year, whether you're trading or in your career job? Or are you going to make less? That's never a good thing to think about. Years ago, I did mortgages and it was a commissioned job and I had goals. I had goals for myself, plus I had company goals that I had to hit to get paid my bonuses. And it's really a good time, particularly before the fall. Because once the fall hits, everybody gets busy with the holidays. Right now, it's the summer. I know people go on vacation, but it's actually a good time to kind of sit back and look at where you're at with a year. And where you are with your life. If you're happy with your career, if you're not happy, or what are you doing? And do you enjoy, most importantly, do you enjoy what you do every day? Because I really do enjoy trading. And I focus mainly on the morning, but today I did take a late trade, which we're gonna go over. But most of the days I work and I'm done by 10, 10, 30 in the morning. So for me, when I was changing careers, my dream career was to have something that I could work from home and be able to sustain myself and have future potential for advancement and being more money. If you're not in a career right now where you have freedom of time, where you can take time off vacations and where you've got to work 40, 50, 60 hours a week, you know, the nice thing about trading is, you don't have to do that. First of all, the market isn't even open 40 hours a week, okay? Market's only open from 9.30 to four. And like I said, you know, I'm focusing on that first hour. So the other nice thing about day trading for a career is the money you can make. And today's trading is a great example of that. You know, the amount of money that I made today in one day, some people don't make it in a month, okay? So you have a huge amount of potential for the amount of money you can make in the market. And I had this conversation with just somebody just two days ago, a new person, you sign up for the class, you know, people lose trading because they really don't know what to do. They don't know what to do. And then they get scared. And then they take trades in the market and lose, and then they get more scared. Losing is scary, okay? So it is important to know how to trade before you actually risk real money. The problem is that not a lot of people do that, okay? They just go right into it or they follow somebody without really knowing what the person's doing or why. One of the other nice things about trading is that you got every weekend off, okay? You can be done whenever you're done, whenever you're out of the trade, whether it's four o'clock or 10 a.m., which I'm at in most trades, you've got time to yourself. You are not trapped working for an employer, having to ask to take days off. So the strategy that I trade is gaps. And that is what we will be discussing today. And I truly believe, I've been doing this now for almost nine years, that this is the best career I could have picked for myself. Trading is a career that can offer you financial freedom, fulfillment, and happiness. And happiness means, it means money, but it really also means what you can do with the money. When you have money, you can take time off. When you have money, you can buy things for people that you love, okay? When you have money, you feel more at peace and not so worried about paying your bills. So it's not necessarily money for the sake of money to make $1,000 a day or whatever your goals are. Certainly people don't even need to make that to pay their bills, most people. I just happen to live in an expensive area in New York, but happiness means having time to yourself and peace of mind, okay? Although we all like nice things and I love nice things, all right? But it's the idea of having the peace of mind. So you can have the life you want if you're willing to learn something new and develop the skills to become successful in a new industry. And then industry would be trading the market if you come to learn with me. And you would learn a skill. The skill might be a skill you pick up in a day or the weekend of the class or it might be a skill that takes you a week, a month or longer, okay? But training is a skill set and I've mastered it. And that's why if you decide to come and learn with me and trade with me in my trading room, you have the best chance of success because you will pick up on the skills that I know plus be able to take my trades. So today here was Tiva. Now, as I said, I trade gaps.  So Tiva closed last night up here. Again, I know this is really, really small but here was the last bar as a five minute chart of Tiva last night. So last night was Wednesday night and then the stock gap down this morning. So all a gap is it means that the stock closed at one price. This is only up here like a 31 something and open in the morning all the way down here like a 25 something. So the stock gap, stocks can gap up or down, okay? Either way, but like I told you, I like to focus on the shorts. So that's what a gap is. Now one of some good reasons to trade gaps, they move, this is a big move, they move fast as you can see. Today this was a short. Now what is a short? A short means that you're taking the trade and you're shorting it as a day trader. And I also use stops, okay? So that if the trade had worked, I would have been hit out and only lost a certain amount of money, fix. It's a fixed risk. Anyways, when you short a stock, you're basically telling the broker I believe this price of the stock is gonna drop, which just did here and the red candlesticks to pick the stock price dropping as you see, this went to some dream target today. It almost went to $23, I didn't look at it in the last hour but bottom line is that this went to a number I don't even have written down and this is a great example of selling action. So it's institutional selling. Institutional money sell the stock off in TV today. That's how it had this big move. So gaps or the type of gaps that I trade are I'm looking for a stock to gap down and then I'm looking for institutions which is hedge funds, big banks to sell the stock down in the dead. Dump their shares or short it because funds can also take short positions too. You'll learn all more of this about if you start to trade with me but this is just a brief, brief here analysis. So one of the reasons I like to trade gaps is they happen quickly. You can be up money fast. Some people take really chintzy targets in my room because as soon as they're up they just quick it out which is fine. Some people have a long time. I'm sure there were some people in the room that did the late trade today in the TV and got it all the way down and it's just, it's up to you.  Personally, I do like to take fast rates. Okay, that's just my personality. One of the other nice things about trading gaps is you can work from home. So I'm in my apartment. Every morning when I trade I'm in my apartment right now and that's very convenient. It's particularly convenient actually in the winter months but it's just convenient normally to be able to get up in the morning and be right at your desk. I'm very relaxed in the morning. I'll look at the market. I see what the gaps are happening. I'm all prepared. I don't have to fight traffic before I trade. I don't have to deal with even taking the subway, okay. Or any stress in the morning rushing around or being late. So if you want to learn how to trade the market the benefits would be that you'd be your own boss. If you're your own boss you can work from home and you can make a comfortable income. Now the amount of risk you choose to take will depend on how much you make which we will discuss today. And that also has to do with the amount of the size of the account that you can open, okay. So you can start out small and then you can build it up. It depends how much you have, all right. And you could ask me if you need advice on that. But this trading strategy that I trade and that you can actually make enough money to support yourself for a career is something that I termed golden gaps. It means finding gaps that have a high odds of working on the day, okay. That have big moves. I usually trade one stock symbol a day. Sometimes two. There were two picks in the room this morning that both worked. And actually you could have had a huge day if you did them both, all right. Even if you didn't get Tiva all the way down. When you decide that you want to trade and do this actually for a job trading the market whether swing trading, option trading or day trading although I find trading to be extremely lucrative. Either way, you have to know what you're doing and you have to look at it like a business. You have to have set risk amounts. You have to have set goals from the day. Like I got out of Tiva today and had a huge day but I did not get out of the low of the day. So it's not about being a piggy in every trade that you take. You will automatically have huge days. And I had a huge day today and you will have huge days that will just be given to you because the market will just dump something in your lap. But your goal as a day trader is to chunk it out. 100 here, 200 there, 300 there, 400 there, 1000 here. You chunk it out. And that's how you put together a week.  You can open up a proprietary day trading account with as little as $2,500 but of course you're not gonna risk $1,000 and in a size account like that. I suggest that people start out so they can start learning the system and making money. And there was a gentleman, I actually have a testimonial from him in the webinar tonight that is doing super duper, so good. And he's only been with me a little bit more than a month and he has quadrupled the size of his account. And he started out with a small account. He's doing everything right and he's listening to everything I say. So for those of you that don't have a lot of money, it doesn't mean that you can't make money trading and build it up and get to that point. And it doesn't have to take a year either, okay? But you do have to listen to what I say since I'm the one that created the system that I do and I'm also calling the trains in the room every day, okay? And this is if you wanna be serious about it. I find the people that are the most serious are the people that are doing the best. Okay, and serious means listening. It means paying attention. It means understanding. It means doing the analysis, okay? If you want to trade for a living, you need a strategy to do daily. That is number one, predictable and therefore reliable. So I rely on my system, which I'm gonna talk about, which is a rating system, which predicts where stocks gonna go. Number two, it's gotta set up often, which means almost daily. Like Monday, I didn't do any trades. So there might be some days in a month you don't do any trades, but that's okay. It's better than losing. You got a day off, unplanned, you know? Except for you don't know. You don't know how to time, because I don't know until I get up in the morning if I'm gonna have a trade or not that day. And number three, has big moves.   Which again, we're gonna go over and talk about here. It's interesting because the age range of the people that I'm teaching, which actually is mostly men, although I'm starting to teach more women, but most of the people that I've taught in the five years plus I've had the business are men. And the age range is wide. I mean, from 21, all the way up to 75. So it's such a wide age range, but I find that most of the people that I've come in contact with that I've taught are men. And they're men that are in this point of their life where they're trying to figure out their next step in life. Like, they're not retired yet, but they see the retirement is ahead of them and they're not where they wanna be financially. And they're also feel stressed in their jobs, which many, many jobs are stressful, okay? When I did mortgages for a long time, it was extremely stressful. Dealing with realtors was stressful. The banks trying to get loans approved, you know, in today's world, it's just not the same as it was years ago where people go to a job, they have a career, they work for the same company their whole life. My grandmother worked for AT&T in her whole life. It changed to Lucent, Alken, and all the other things I forget what it changed to. Anyway, she got an early retirement, but she literally worked for the original company what was AT&T even though they had split off a couple of points for her whole life. That is so rare. People just don't do that anymore, okay? Nor did they give these enormous, you know, retirement packages like they did. And gosh, my grandmother's been retired finally in how many years she's been retired. But she worked for the same company for her whole life. And then they offered her a big retirement, an early retirement, which she took, but companies just don't do that anymore, okay? It's just things are different. And actually now things are so different that you even have to pay for your own health insurance. Many, many companies aren't even supporting the welfare or the well-being of their employees because they can't afford to. They can't afford to pay overtime, which a lot of people relied on, okay, years ago, or to just pay their bills and get by. And companies also can't afford to support health insurance or there's a supplement. Same thing with the 401K matches or companies don't even offer the 401K anymore. So it's just for so many things that are so different than they were years and years ago, okay? So you really kind of do have to think ahead.  Especially if you're between the ages of 40 and I'd say 55, you know? Because retirement's not that far away, but you still have enough time that you could switch and learn and do something or save money. So if you wanna look into trading, one quality strategy is all you need to learn to pay yourself in a regular basis in the market. That's all that I do. What we're gonna talk about tonight. And I'm mostly short, okay? So I have one strategy, it's gaps, but it's a particular kind of gap that I'm looking for and I called it golden gaps.  You can do them for swing trades or option trades, okay? Me personally though, I like the day trading, I like the shorts. You can make money going long. There are times I go long. The market right now is bullish as a long. But I find, you know, I'm in and out of trades faster with the shorts, okay? Now let's talk about what is a golden gap. A golden gap is a gap that moves in the direction of the gap. So who makes golden gaps? Again, this is a term that I created, institutional money.  That type of move for a stock, particularly at that price point is made with hedge fund money or bank money that's selling the stock and that's pushing it down, okay? And actually that stock's still low or even still after today. But in the case of a bullish gap, which sometimes I do, institutions are buying the stock, buying it up. Therefore the stock moves higher in the trading day. Netflix is a good example of this that had an earnings gap a couple of weeks ago. Stock had a tremendous move on the earnings and then a huge move flew over 190 within a couple of days within a week after the earnings. The stock got bought, okay? In the case of a bearish gap, which we're gonna talk about today, which was a Tiva, institutions are selling or shorting the stock. Therefore the price is moving lower, okay? So you can make money if you short it and it drops.  You have to have something that allows you a high probability that you could take more winning trades than losing trades. So today I had a really big day, but you still have to have a high win ratio. Most of my trades, if you take 10 trades, eight out of 10 trades are winners. So you gotta figure two losers.  But the point is that you have to have a winning system and that has to do with the probability. So I've created a rating system, that's what I do. It's based on 26 points. So anything over 20 points tells me the stock has a high probability of going in the direction of the gap. So the idea is that the point system, the scoring system that I use, and I do all of this in the morning in the pre-market, that's how I had Tiva picked and DDDD. In fact, I'm not gonna talk about DDDD tonight, but DDDD was one of the top picks for me today. I only did the Tiva, but they both worked huge. And that was because of the rating system, because of the points. And there was 100 things this morning you could have looked at that were gaps and they did not all work. Not only that, they did not all work huge. And both of those were the top rated gaps this morning that I picked and they both worked huge. So that's why this point system, which is what I do every morning in my prep work is invaluable to me because it pinpoints and tells me, otherwise you're getting up in the morning and you're scanning and there's too many things to look at. And when I first started trading, I was frustrated with the fact that there were so many things to look at. And I felt so crunched for time in the morning. I felt like, first of all, there was no way that I could focus on longs and shorts. Even if I woke up at six a.m., because not everything even reports or gaps in. So things would start to gap at seven. Some things wouldn't gap till after eight. I just felt like there was no way I was gonna be able to scan, look at every single long and short in that time. So that's why I decided to focus on one direction, which was the shorts. And then also, I felt like there was even a lot within the shorts, within the gap downs. And so then I, how am I gonna figure out what one to do? Because literally when these stocks fall and break and today's charts are a great example too. And the other ones we did this week, they go so fast. If you're not watching them, you're not gonna get it. You'll be shorting it into the move, you'll be chasing the move and that's the worst thing you could do. And you also then have no risk to reward. So it really is about getting all the prep work done. Okay, it takes about five minutes to rate one. And if you're new, could be five to 10, okay? But the benefit of being in the room is I'll give you the rating ahead of time. And any questions you can ask me as we're going along here, just let me know. So anyways, my system is called the Golden Gap System. The Golden Gap System is a 26 point professional bearish gap rating system. If you wanna be a professional trader, you must have a system to follow. If you don't wanna learn mine, then you need to follow some system. You cannot take random trades in the market and expect to consistently win. Not only that, you should never do that and expect to be able to do it for a career. You're not gonna be able to make a living doing this by having some huge big trade one day and then losing the next five trades, okay? The consistency is what counts if you're gonna have the reliability of the money. Otherwise you're just doing it for fun or just happenstance or whenever you have time. I'm talking about taking it seriously, whether it's switching careers or whether you're doing it to move into retirement, whatever the case may be, okay? The purpose of this system though is to help you evaluate which gap to trade each morning using a checklist and that is what I do. So I get up in the morning and I prep. So I get up and I go and I check it off. So I get up this morning and I saw the Tiva and then I also saw the DDD. There was also a bunch of other ones this morning, okay? I need to go back and check and see what some of the other things did. I'll have to do that later tonight, but it's very interesting. In earnings season right now, which we're in third quarter, there's so many things to look at. There's things that are gapping right now tonight and tomorrow morning there'll be things too. So you have a lot of gaps to look at every day and there's thousands of stocks that trade in the market. How do you know which one to trade at all? So that's the whole purpose of this, of the focus to do it for a career and you want something that gives you a high probability of success. Now a lot of people are asking where do you find Gaps Melissa? Where are you getting them? This is where I pull off most of mine and whatever platform you have, it doesn't matter. Most platforms have this list. So it is a list here of the gainers if you wanted to look for the gap ups in the NASDAQ and the New York exchange and also the losers, oops, sorry, the losers in the NASDAQ and the New York exchange. So I focus on the losers because this is basically the gap down list and then these over here is the gap ups if you wanted to do them. So you get 40 picks right here which is enough to look at at least to get started and then you have the actives over here which is good to see what's active if you want to.  Most platforms and you have will have to pay for your platform unless you get a free platform with your broker will have a top 20 up and down list. So right there off the bat, you've got enough to watch. Okay, so you can go through them and you scan in the morning and you're going through them and you can rate them and you could rate every one if you want to. Any questions so far? So how can you make a career out of trading?  How do you focus on them? You rate them, you pick one a day to do. You could do two trades a day in one symbol or you could do two trades a day in two different picks if you want. For example, one of the picks today you lost and you could have done the second pick and made money. So you could do either two picks a day or one. I try to focus on one really a day that I'm doing quality. In earnings season, you get three to five gaps or three to five gaps a day. Three to five gaps a week in non-earning season. And the reason for that is most stocks that are gapping or gapping based on earnings. But I do gaps on all kinds of things. Earnings, downgrades, stuff that has to do with the sector. It could be some economic thing. I mean, there's lots and lots of reasons why things gap but you do tend to get more in earnings season. So that's one of the reasons why some of the things move so much. You also get bigger moves on earnings gaps, like the ones today. Now, as far as risk to reward, what are you looking for for what you're risking? If you're trying to make a thousand bucks a day, if that's your goal, if that's what you need to do this for a career, you should be looking at risking around that for your trades, okay? And that would be your goal. So say you wanna risk $500, you wanna make at least $500. Say you wanna risk $1,000, you wanna make at least $1,000, okay? Your goal is to make at least that back as much as your risk, whether you do the day trades or the option trades, okay? Now, things will go to larger targets some of the days, but again, like I said, your goal is not to get everything out at the low. Your goal is $1,000 and you're up and it gets to the first target. The right thing to do to money management really is to get out or to get out a part of it. Suppose this is something you're doing for a career, all right? You have to be booking money on a consistent basis.  And also another important thing is paying yourself. You can pay yourself once a week, you could pay yourself every two weeks, you could pay yourself once a month. Sometimes I talk to people, they go through these good periods, these bad periods. If you're never pulling money out of your account, it never feels real. You really do have to pay yourself, okay? Even if you have another job, it's important. And say you're trying to grow the account. Say you started with $2,500. Say you grow the account up to five.  And I think based on my experience, years ago when I started out, that was an important process for me, okay? Making the money real. Any questions so far? Those are just some good tips. Anyways, let's look at the trades for this week, okay? Monday, no trades, okay? So I did call someone in the room on Monday, but I didn't do it, but I did call a trade in the room and actually it worked, okay? You know, you have to have a focus again. For me, it's the rating. So I rated the one gap in the morning on Monday. It didn't meet my criteria, all right? I watched the trade, it's set up. I called it for the room, people did it, but I didn't do it because it didn't meet my high criteria, all right? So nothing on Monday for me, rest day. Tuesday was UA. This is the ticker symbol. This is a daily chart. Just gonna review this for you again. What is it got? Stock closes here. This is the night before, this was the 31st. Then on August 1st, the stock gap down. I shorted this. You can see that the stock price dropped. You can see where it opened, then it rallied, then it dropped. So this was a gap. Closed here, open here, four o'clock, 9.30. And then I got in the trade and it was in and out quickly. So here is how I do the trades. I just take the shorts and a one minute chart. You can't see this here because of the clock, but behind here is a one minute where four o'clock was. Then it opens up here at 9.30, okay? Then I short the trade and I get the drop. So here's a one minute. Between 9.30 and 10 is usually the period that I'm looking to get in my trades. And it's usually the period also that I'm looking to get out. So I'm looking to usually get in and out in that first 30 minutes. The stock did lift. In fact, it lifted all the way up, retested the high and broke again. That's how it ended up closing to the day like this. But for me as a day trader, I get in and out. Short it out, do, do, okay? So that was Tuesday. Wednesday was AMC. Closed up here the night before around 20 something, boom. Opened in the morning around what, 15 something. Gapped down, okay? So the stock gapped down and I looked to short it. And it worked. And actually I'm looking at this here. It looks like it had a little bit more of a move today. I did not do anything with this today, but it looks like it had a secondary move in here. So sometimes you can do these for follow through for swing trades or option trades or whatever, okay? Here was the one minute chart. Again, I decide I'm doing AMC with the rating system in the morning before 9.30. Then I'm not in the trade. I don't get in in the pre-market. I'm watching it. Then into the open, I'm looking for the trade to set up. And the reason I don't take it is what if it doesn't set up? Because sometimes I will watch something and sometimes I will rate something and then sometimes it won't set up. So you never really know until you actually get the stock to open. So after 9.30, don't do the post-market, don't do the pre-market, okay? Anyways, here was the AMC. Open, rally, boom. Too short of it. Got the drop, got out. This was another one here. You could have done another trade-in. Came all the way down, fell. Going back here to the daily, continued into the close. So you actually could have done another second trade in this one. I did not. I was happy with the day, but you could have done a second trade-in this later on the AMC. So do you see the consistency here? You find the gap, you rate the gap, you follow the system. You do one trade, you're up money, you get out. Time of the day, looking to short, rate the gap. It's a structure, okay? I'm very, very structured. I think as human beings, we also perform better when we are structured. One of the reasons athletes do so well is they're structured. What they eat, when they sleep. Working out, all the things that they do. You perform at a higher level with whatever career you do if you have a structured environment. And actually I think that's one of the reasons that the people love being in my trading room because the room is structured. This time, this is how I'm calling the trades. I'm the only one talking. Nobody else can see anyone else's comments. No one else talks in the room. I'm running it. I'm in charge. It's a structure. Okay, that structure helps people make money and it will help you also stay focused. All right? Now let's go over today's Tiva. So Tiva was the best gap today. I set it in the room this morning and I did the trade in the morning and I get out and then it set up again and did a second trade in it later. Have to find out tomorrow morning what everybody did with this but this really was the best gap today. DDD had a huge massive move and it actually fell faster and harder than the Tiva but this was a really good gap today. Anyway, stock closed up here the night before. Boom, open in the morning down. So it closed in the morning up here at 31 something. It opened then down here around 25 something. So all of this is just a space where the stock then gaps and it opens down here. So this could be post market or pre market or both. In the case of the Tiva, I think it was this morning. Yeah, I'm pretty, I think it was this morning. I don't think this was last night. I think it was this morning that it had the earnings. Anyways, here was the morning trade on Tiva. Again, one minute chart. Closed up here at four o'clock the night before. Boom, open in the morning. Rallied, doomed, shorted it, got the drop, okay? So I got most of this move in here. Did not capture the last little bitty but I got most of this morning move. And again, my goal was in for the day. So I shorted the stock today at 26 bucks. Shares 2,000, okay? Had the stop at 26.50. I'll go back and show you the chart in a minute. Boom, exit was 25.44. It was a really good exit. I held it for a little bit longer. I could have held it for a little bit longer in the morning. Went down at 30 something, but I had my goal in for the day. So total profit of 1,120 bucks. So I was very happy, okay? Let's go back. Shorted it, put the stop, got the drop, got out. Time of the day between 9.30 what, 10 o'clock. So this went a little bit further, but I actually got out of this over here. It had this move up in here, but if you held it through, it's kept down. But the next target really was 25, and I really felt very confident that the stock we could get at the minimum to 25. But the low of the day in the morning was not 25. I forget what it was, 25, 30 something, but I felt like this would get there, okay? So then I decided to do other stuff and I ended up watching it and I saw a second set up. So I did two trades in TVA today. Again, different looking chart, similar, same stock, but this is a 15 minute chart. So here we have a 15 minute. Again, same price of close of the day the night before. Same opening price of the morning when it got down. I do not do this chart in the morning. I do the one, but later in the day, you can sometimes do a second trade. And actually the funny thing is this week, you could have done that in all of them. This week was a really good week, actually, now I'm thinking about it. You could have done two trades in everything this week that I had done in the morning, which is not the case always, okay? And I did not do secondary trades on Tuesday or Wednesday, but anyways, I love this gap today. Anyways, I shorted it and I got the drop. I did not capture this whole move. Once it was going, I was up a lot and I was already at money for the morning. My original plan was to just get out of 24. I stuck with that plan. As it turns out, I would have made 70 cents plus more if I'd held it all the way down to the low. Almost another dollar. When almost to 23, almost, I got out of 24. That's what I decided to do. And I captured almost a dollar half of this move. So this was a huge, huge, huge trade for me. And part of it was the baby stop. Part of it was the gap. Part of it was the overall look of the chart and the targets and where it was headed and the selling action. This did not have the market against it today. Even though the market's very bullish and it was a very, very highly rated gap. Per my 26 point system, this gap in Tiva today rated 23 points and we don't get those gaps all the time. And I didn't talk about this a lot in the room this morning, but I will tomorrow. You definitely could have done a second trade in this. And when you get these ones, you gotta take advantage of them, okay? Again, I didn't have a trade on Monday. And if I don't do a trade tomorrow, it doesn't matter, but I would like to, we'll see. Anyways, price of the entry in Tiva for the 15 minute was 2549 exit. I had to get it out of 24. It actually broke 24, it was in the 90s and then it started to lift and I took it out. 2402 was my exit on this, 7,350 bucks. I had a huge day today. So some people work a whole month and don't make this money. You've got to get to the point where you see these things and you have the confidence, you have the conviction. I talk about this all the time. I've got to start talking about this more even. It's 100% conviction. I have 100% conviction Tiva's gonna work today and that's it. We're not watching anything else. I don't wanna look at anything else. We're doing it, okay? And that is how I go into every day. That's how I'm able to take the trades myself and with this size, by the way, because 5,000 shares isn't nothing, okay? And it's also how I'm able to run the room and actually call the trades in live time, which by the way, a lot of people that are running rooms don't do that. I'm actually calling the live trades in live time, I'm saying, take it in here, like the morning move in there, 26 by 50. I'm saying it live, okay? How could I possibly do that if I didn't, I know what I was doing and be extremely confident because I got a whole room full of people that are following me in live time taking the trades. Lots of rooms put watch lists out and lots of people say this and that and the other thing. In live time, I'm calling it this exact number put the exact stop with the exact exit and take it in exactly and I'm saying everything live in real moment, okay? That takes conviction and it takes guts but I do it extremely well, all right? If you decide you wanna come and learn from me, you absolutely have a huge potential for success to make money if you listen to what I say and if you follow me. And if you don't, then you're on your own. So many people were probably wanting to buy Tiva in trading rooms on the day. I'm gonna go back to the daily chart. The stock first of all fell off for a week before the gap down. Then gap down huge, huge into a prior support area all the way back. You know, this stock was not along today. This all stock also lifted. Yeah, let me go back to the one minute. This lifted here at the beginning part of the morning.  I said, wait, wait, wait. I said, we're gonna be patient, we're gonna be patient but I didn't get off of it. I kept right on top of it but it lifted. So if I had done it too soon, I would have lost before it hit, okay? But people were in this long and actually I think people tried to buy the dip in here. I think people tried to buy this dip in here as I'm looking at this now and seeing that. I think people probably tried to buy the dip at 10 o'clock. Again, so many traders do not understand how to analyze gaps. They think the stock is gonna fill this area, fill this level, fill the gap, rally up. Again, here's the daily. So I'm in this shorting the tally. I'm in near the top as high as I could be, all right? People think the stock's gonna lift and fill this space but it's not gonna do it and the reason is why? Because the stock rated 23 points for my system and that told me that institutions were gonna dump their position in it and short it and that is exactly what this did or the stock would never have gone to 23 something today. A number that I didn't even know would go to, okay? Part of getting good at trading is using your own head, analyzing stuff but then you also do have to take advice from someone that knows what they're doing, all right? And I think that's what a challenge for so many people that I talked to about the class. They don't know who to take advice from. They've taken advice from other people and they've taught them wrong things and then they've lost money and then they don't wanna trust anyone. You're either gonna create your own system or you're gonna learn to trust someone and you may have to go through a couple of different things or take a bunch of different classes till you learn who you can trust. I mean, it's not impossible for people to make money. It's just the idea of finding the right structure and the right system and they're out there because my system is one of them. But people have to kind of use their own head and go with their gut and intuition. When I started trading, I lost and I took one class two and it was very expensive, actually cost more than my class cost now and it was nine years ago. But I never, I never didn't believe that I could make money trading. I always believed that I could. So my belief system was always that I could do it and I think that when people come around and they're doing this for a number of years and years and years, they start to think that they can't and they lose confidence in themselves. But I'm doing my best to help people build the confidence in themselves by calling the trades for them to take them with me to make the money like I do every day, like this week. But the confidence really, you have to work on it yourself. You have to work on it yourself. You have to believe in yourself and your ability to do it. Okay. Is anyone at, but any questions at all so far? We will review this trade here in the trading room tomorrow. I'm sure someone else did it. There's a gentleman in the room, two bots. He does a lot of late trades. I'm certain that in fact, he did the DDD this morning and held it all the way down. I'm certain that he probably did something in Tiva later. So anyways, total for the week, solid week. Could take tomorrow off, but I'm not going to. I'm looking to have a big month now. Total for the week so far, 11,770 bucks. And I only was been traded three days this week. Does anyone have any questions so far about anything?  Just been talking, talking, talking.  Bill D, you were in the room for a trial today. Did you do the Tiva on my call? Did you do it? Oh, you did do it. You did do it.  You did do it. Yes, you did. Now I remember you. Bill D is in the webinar tonight and is not a student, but did a trial and was in the room today, made 500 bucks. Okay, he has a question. Does large short interest keep you away? No, nothing keeps me away. And you should know that by now. If you've watched even two videos of mine, of the training room, then the answer is no. I'm in shorting. I've been shorting stocks in extremely bullish market for the last nine years. So to ask me if anything is gonna keep me away from shorting whatever you wanna say, the answer is no. If the market keeps rallying and the short interest, I mean you could go on and on and on and on. Nothing keeps me away.  I tend to be put off by that, but that is just a personal preference. It's really nothing that's a rule. It's nothing in the system. I typically do not like to trade stocks that have big, big spreads. And some things that are very expensive do, and they do and they still go and they're still worth it. What was the other one on Tuesday? It was a Tuesday or Wednesday. There was one I didn't do. Patrick was asking me about it in the room today. It was like 140 bucks price point or something. It had a widespread, but it felt like crazy. So I mean, you still can make money doing those, but that's personal preference. But to answer your question, no. Short interest does not keep me away. Lines coming down in your chart from yesterday's close. Which one are you talking about here? These? Moving averages? This is a 50-perimovement average. This is a 20-perimovement average. This is an 8-perimovement average. That's all. I don't really use these. I mean, I have these on here, but everything gets distorted then when you have a gap down, I mean clearly. So if you see something that, like if we looked at this before the gap, if I go back a day, this distorts, the moving averages get clearly distorted then when you have a gap down or even a gap up when something's in extreme. So it's, you can't really use these. I have them here because I've just, I've actually traded with them since the beginning on the chart, but I don't really do anything with them because you can see this one here is scooping up. Here, let's go back to the one minute. Where was that? Here, this is a better example here. You can see this is doing a scoop right in here when it did the lift. And I was telling you, I thought people were probably trying to buy this to fill the gap.  Because if you're looking at this here, again, this is a one minute. You might think this is done for the day or turning around and over or gonna flip, but it didn't. I mean clearly it didn't and it didn't. So it's, you know, don't, don't use these to make trade decisions is the key. They're there. I really don't need them. I've just been trading with them since the beginning, but I could take them off all my entry day charts. Well, you don't wanna, you don't wanna look at this and determine then that this is over because the move was not over. The morning move was over, but you know, the daily move was not done on this. It still fell. That's something I go over in a class that I couldn't talk about even in the next 15 minutes as a target, but I do teach targets in the class, but there are multiple targets for any, any trade. As I said earlier, Tiva did not have 23 for a target today in that, but what happens is, is momentum comes into a stock, okay? Similar with anything, okay? We're talking about Tiva, but I could be talking about, you know, Amazon or the market and the cues, the spy. And when momentum comes into something in live, live time, things can change. Something can go bigger than you expect. Something could not go as big as you expect. And that also has to do with where it opens. For example, this open where it did today, I forget the opening price, 25 something, whatever, but it might have opened at 27 something, then everything would be different. Or it might have opened at 23 something and everything would be different. You know, these stocks are alive. Like last night in the class, I discussed Tesla. I had a trends class yesterday. I said, oh, this is really good if it, if it's by here tomorrow morning. I said, if it's by 350 tomorrow morning, but then it ended up being like when we're talking about it, I said, well, this isn't that good here. But then by that night last night, then it was well over 350. And then today it really didn't go anywhere in the morning. So, you know, these stocks move and are live and can change 50 cents a dollar or sometimes more than that within the period and the time they've got, especially if it's at night or even in the morning. If they gap at 7 a.m., two and a half hours before the market opens, anything could happen. The stock could drop $5 or it could rally back five bucks. So, I mean, the volume in this in the pre-market, I don't remember what it was, but I know it was a lot. And I will tell you that they move. And even if you don't have a lot of volume, it still can move. So you have to watch them. I mean, something could have changed in this immediately and that affects the numbers too. That affects the targets, that affects the support, that affects the resistance. It affects whether or not the gap is good or not or I changed the rating. Is a five minute, 15 minute chart that important to help your entry? No, I typically trade in the one minute, but I was saying that today you could have done this guy here. So, you could have done this here. The one minute chart is what I usually focus on. What you could have done the five or the 15 minute today. I could have done the five and got a better entry in this, but I wanted the confirmation and waited for the 15. So anyways, this week's a great example. You do not have to risk $1,000 in every trade like me. I've been trading for a long time, but I'm telling you that even if you risk half this, if you risk 500 bucks and do all the trades in the room this week, you'd be up what? You know, almost six grand in a week, all right? So, you can see how you can put yourself, the money together, you can grow your account number one if you have a small account, okay? Number two, you will learn in the process and you can start out with a set risk and grow it. You could start out with $150 risk, you know? Any money is good money when you're learning something and learning the skill and the process and you're getting better and then obviously you're making money, whereas before if you were losing, that wasn't good. So if you go from a losing stance in your trading to all of a sudden making money, it's positive. There's no downside there. Even if you cannot afford to risk $1,000 in trade, if you can, then go after it.  There's no downside. The reason that people are very, very negative about trading is that they trade and miss money and they don't know what they're doing. I mean, it's just simple. It's like, I would not go out and first of all, I wouldn't be allowed to, but let's just say, let's say I could pay. Actually, they do this in the Kentucky Derby, I think. I think they let you now enter horses in the Derby because they used to do it where you had to have a certain amount of points or wins or something. I think you're now allowed to enter some of these big races paying for them or something. I'm not sure exactly, because I love horse racing, but things have changed. They would be like me saying that the US Open is whatever is coming up in a couple of weeks here in New York, the tennis. It'd be like me saying, I'm gonna, if they allowed me to, which they wouldn't, but I'm gonna pay so that I can get into the US Open even though I have no clue how to play tennis or beat anyone in it and would never win anything or any medals or awards. It's like, that would be ridiculous. And that's how people act about trading. They think they're gonna go and win and they risk money trading and then they're surprised when they lose. Why? Again, it'd be like me saying I'm gonna enter the US Open and I'm gonna win the prize even though I've never played tennis in my life. No, I'm not, okay? I don't know how to do it. I don't have a coach, no one taught me, never did a lesson, okay? You can't just do something and expect to win. You have to actually learn it and then you can have an expectation of doing well, which you would apply whatever method you learn, whether it's mine or somebody else's, but you can't just take random trades. And by the way, just buying support and shorting resistance is not a method. All these things that I have in my charts are supplemental. They're not reasons I take trades, okay? Anyways, the whole point, actually I'm making it right here now with this mouse with the cheese. You need a plan of action to win daily and it has to be strategic, okay? So the philosophy behind my system is the 26 points and what they're looking at is I'm looking to analyze a large time frame to make the trend decision on the directional bias for the gap. And all large traders of every kind look at large time frames to make decisions particularly institutional traders. So I'm looking to make entry decisions then and exit decisions based on a small timeframe on the one minute chart and that's what's really helpful. That's how I get those good entries, 25 cents, 50 cents, okay? Those are tight entries and that has a high degree of focus and accuracy and that's how I'm doing it in the one minute, okay? But Bill, you could do one in the five if you feel better about that but you know, you may get a bigger stock. Using the daily chart to make the decision for the stock pick allows me to have the accuracy in the direction which is to the downside for the ones that I usually focus on because I like to short and then I'm using the one minute chart which allows for good risk to reward with the accuracy, okay? Now, let's talk about trading with size a little bit. 5,000 shares of TV today, that's pretty substantial. 2,000 shares in the morning I had it, this wasn't anything small either. You know, when you're starting out and you're not used to taking size in trades, practice with 100 share lots. Practice with 200 share lots. You can still make good money with 500 shares, 1,000, okay? For a very long time when I was creating my system I used between 500 and 1,500 shares. I don't think I even reached over 2,000 shares the first year of my trading, okay? I really focused on, you know, around that area.  And if it drops 50 cents, that's 750. So you still can make good money in that range and your risk isn't crazy, okay? Until you get good with it. But obviously you get to the point where you're trading like me, one play and one day, like today, it can make your whole week today. Probably really is gonna end up hitting my month up to be really a fantastic month after today. So, you know, I just gotta keep staying focused. Today is only the third. You know, I just gotta get up every morning and do what I'm doing. In fact, one of the traders, I'll show you the testimony. He said, just keep doing what you're doing, Melissa. Just keep doing what you're doing. Anyway, it's 200 shares with a stop, lose a dollar, what's your profit? 200 bucks, 2,000 shares, your profit 2,000. But just gotta get the direction right. If I short a stop at 10 bucks and it drops to nine, if you have 2,000 shares and you take it with me, what will you make? $2,000, okay? It's the drop. You gotta get it at the right price. That's why I'm trying to get in these things as soon as I can before the selling action happens. These institutions tend to sell off in that first part of the day, between 930 and 10, between 930 and 1030, between 930 and 945, okay? That's when they do it. You sometimes have big moves late in the day between three and four, but I don't sit at my desk and do nothing for five hours and then wait till the close. Today was unusual where I did a late trade, but I was way out before four, okay? So the amount you choose to risk has to be in accordance with your individual risk parameters. Gosh, I wish I would have done 8,000 shares of Tesla today. I'm just looking at this here. If you always short 8,000 shares of the stock that moves a dollar, you make 8,000. If I had shorted 8,000 shares, I'll have to figure that out after the webinar. Maybe I should have shorted 10,000. I love shorting. Okay, any questions from anyone so far? Red is actually my favorite color. It's every time I get my nails painted or a penny here, I always get red. Just red, red, red, red, red. And that's the swish. So I teach a class. It's called the Golden Gap course. The Golden Gap course teaches a strategy on how to trade gaps. The course teaches a 26 point reading system to find the best stock to trade each day. That's what you'd learn from me. And if you wanna do my class, you can sign up for the trading room. I teach you how to play the stock every day. I teach you a very advanced technical analysis way to read gaps. And it's very unique, okay? I have a unique way that I trade, but it works. So you've got to find something to focus on if you're gonna do this. And if you wanna do it for a living, you have to be able to have stocks that have momentum. You're not gonna get anywhere trading penny stocks or things where you have to take some absurd size and only move five cents. You've got to get in a groove with what you're doing. I would not suggest trading all day. I wouldn't do more than one or two stock symbols a day. It limits your losses. It helps you stay focused. Then you get to go to what you're doing. Okay, you keep the profits, you don't give them back. So what you would learn in the class is the 26 points. That's what I do every morning when I train. Gaps are very useful tools, though, because they really tell you where a stock's gonna go. It really, when I saw that gap this morning in Tiva, then I knew where it was gonna go. I knew it was gonna go down, okay? And I felt confident about 25. But once as the target, but once it got underway, and then the real selling started to come in, the massive push, the pressure, it was pressure on the stock, okay? With the selling action, where an absolutely no one then is buying the stock at all. In the morning, people were trying to buy it up. But at some point then, even those buyers give it up, okay? People will try to take two or three trades trying to buy the dips, are thinking it's gonna fill the gap or climactic and eventually even those people will give it up.  And that was one of the nice things about the Tiva today and why it continued down to that 23 number. Any questions so far here? We're almost done, but everyone comes from a different level of skills. I don't know to people commonly start asking me questions, what they know and what they don't know. You gotta ask me stuff. Like Bill was asking me stuff. I don't know what you know and what you don't. And sometimes I don't even know if people understand what I'm saying when I talk about gaps, but you can certainly ask me. I'd say about 90% of the gaps though that I do for the day trades you can do for follow-through. Whether you do them as options or swing trades or long-term investments is up to you because it really is that institutional moves that's coming in whether it's buying or selling depend on whether it's a bullish gap or a bearish gap. And the more momentum you have in something, the more you can make money and then you will capitalize on that to use it for whatever you wanna do. Whether it's retirement, a career, just an extra income. This was another really, really good short that I called. This was an option trade I called in CMG. I did not day trade this because of the price point here, but again, you could have.  Stock just collapsed. I have not looked at this recently, but the stock has taken a real tumbling too. There were various different reasons for this stock to be gapping down. One of them was earnings. I think something was news. Somebody got sick. Just a great example here how you could have done every single thing with this chart. You could have day traded it multiple days as a short. You could have done swing trades. You could have done options. Like I said, I called the options, the puts. You see something and you see the institutional selling or the shorting action that comes in and you need to take advantage of it. So anyways, I'm teaching normal people. Some of them know nothing. Some of them know a little. Some of them think they know a lot and they commentate my class and realize they don't know as much as they thought that they do. You do not have to be a stockbroker to do this.  A lot of stockbrokers really are salespeople and don't know a lot about charts. You will learn technical analysis from me in a very unique way. Way more than you're gonna get in any book about anything and it's not about moving averages or candlesticks. I'm looking at price evaluation in a gap and that is how I am doing it. You will learn a skill set in my class. It is absolutely worth it and I find that people that come to me that don't have any bad habits do extremely well. But if you have bad habits and you're open minded about it and listen to what I say and take the trades and start making money, then you will turn your head around because even if you've been doing wrong actions and losing money in the market for years, you can really quickly get back on your feet if you start doing things right. It's just that you have to convince yourself I guess that you can. Now this was the nice testimony I got from Abel. He did the class, I think, the June. It was one of the June classes he did it. So he's been doing great. In fact, I think he made over three grand this week. He started out with a very small account. He's also learning. He also listens to everything I say. Do I ever retrade any names a few days after the stock has rallied from the gap? The answer is yes, but I prefer to do a new gap but yet the answer is yes I will but typically in the slowest season. So not in the busy season. If I'm looking and hunting for something like B2Y was one, I like the busy season. I like new. If I don't have anything new, then yes. Okay, good questions here today. Anyways, you can do this for a career if you want to and summer is a good time as well because you have the rest of the day to yourself. You should be getting better if you're trading. You should be making more money over time. If you're not, then whatever you're doing in your trading methodology probably isn't consistent enough. So if you want to do my class, the Golden Gap course will help you find success in the market. What else do you need? I kind of talked about this a little earlier and I said I'm going to call this the four Cs. What all do you need? Clarity. What should I be focusing on? Okay, Tiva or DDD? You know, you have to have a clarity of focus. One strategy, one stock symbol, okay? It makes it easier for you. Confidence is something that you also need. You have to believe you can do it. You know, you have to actually have confidence in yourself.  Okay, knowing that you can practice doing something to get better. You also need conviction. Conviction is something that it's in your heart.  You have conviction in the market. There are a lot of very, very wealthy people in finance that live in Manhattan. Trust me when I say people make money in the stock market. I don't think that necessarily influences me, although I did begin trading when I lived in New York years and years ago. But you know, for people to say that people don't make money trading is hogwash, okay? So I think living in an urban city actually, you know, does help me. There's many, many different levels of economic wealth, you know, in New York, but you know, anyone can do it. And with any amount of money, you know, you have to have money for the class and you have to have money for an account. But you know, your goal doesn't have to be to be a millionaire. If that's your goal, then fine. You better get moving. But you know, lots of people just be happy making, you know, 80 grand a year trading because they've been losing for years. And that's enough for a career in certain areas in the US. So, you know, if your goal is to make, you know, $200,000 a year or more, that's great. But not everybody needs that. You have to really, in your heart, know that this is possible. And then it takes a level of commitment. So the commitment is that you are required to do my class to join my live trading room. Everyone in the room has done the class. The trade set up very quickly.  You can do a trial in the room tomorrow. You can do a trial next week if you wanna email me. You can sit in before the class. The class is not till August 12th and 13th, okay? You have to be committed to doing it. Everyone, but one person actually in my trading room has committed to not only being in the room, but being there for the whole year. So one person has signed up month to month. Everybody else is there for the entire year, which speaks a lot actually for me, that people believe in me. They do the class and they sign up for the whole year. They're committed. They really wanna get it. They really wanna learn it. They really wanna do well, okay? And in one year's time, you should do extremely well. Extremely well with me. So the Golden Gap course is a complete system to use to train. You will learn all the things that I know I don't hold anything back. It's a full two-day course. It's full on. You gotta be awake. You gotta have your coffee. You gotta be alert. You gotta take notes. It really is a class. You ask questions. It's an online class. You can be anywhere in the world and take it. You will learn how to strategically find, pick and play stocks that are professional bearish gaps. That's my thing. That's what I like to do is short. I do go long sometimes. I can pick great bullish gaps, but I really like the shorts. Today is just one of many days of examples of that. So the class is August 12th and 13th from nine to five. Class of the class is 49.99. If you wanna sign up, you have to email me. It's not on the site, not on my website. You will email me at Melissa, thestockswish.com if you wanna sign up, okay? And the time that you can come in, like Bill just said, he made 500 bucks today, okay? He made 500 bucks just being in the trial. I'm not saying that you necessarily have to take a trial, but I mean, he just earned $500 towards taking the class, just being in the room today and I'll be in the room tomorrow. So if you have a trading account, you could listen to me, although I suggest taking small size. Any questions from anyone at all? Get in the right paths of success with my class, the Golden Gap course and empower yourself to trade. Any questions from anyone about anything at all? Bill's another question, go ahead. Kevin into Jersey, where are you in New Jersey? Battery, I saw you called. I obviously, I was trading today and then getting ready for the webinar, so. Busy day for me. There's other faces here I don't recognize. Nope, you're good. Okay. Do you have any questions? Hopefully you learned something tonight. Or at the very least got motivated to think about whatever trading method you're doing now or actually take trading more seriously if you're doing it now. I think a lot of people toy around with it for years and years and years. Some people are back and forth toying around with trading for 20 years plus and they never really get anywhere with it. You've got to be committed to doing it. I mean just do. And actually the requirement that I have to sign up for the class before the room is forces people to be committed. So, you know, if you wanna come with me you'll be serious about it but I'm really turning people into good traders. And Abel's a great example. He actually came to New York to meet me before you did the class and asked me a lot of questions. So I met with him, which I don't always take the time to do or have the time to do. But he found me on the internet. So, you know, and he lives in Michigan. He's just a regular guy. Any questions from anyone at all? I forget what he does. I think he's a computer programmer or something. I wanna say something with computers or something like that. I don't know. He had told me he did a little swing trading before he had never really day traded. He had done some swing trading before he did my class. But really wasn't an active day trader. So it was a new thing for him, you know? But he had looked at charts before. Okay. All right, have a great night everyone. Again, email me. Here's my information. Email me if you're interested and sign up for the class. It's not this weekend, it's a following weekend for the August class as a 12th and 13th. And if you wanna travel the room, email me. I have no idea what we'll get tomorrow. Nor do I care after today. I should say I don't care. I don't wanna lose tomorrow. I just, I just wanna have a solid day.  All right, have a good one everybody. I'll see you in the morning. Okay, duke.


Welcome back to Think Back Hawaii with Dennis Isaki. Today we'll talk about politics and housing with John Wahey, the former governor built housing reforms in Hawaii. Where the mandate of 60% affordable for developers, that's by the legislature. We also have the active team, a fast track mandate for certain housing products. John, for the few that may not know of your accomplishments, especially the millennials and the Malihini, please tell us a little about yourself, what you have done and how this politics involved in getting things done. Yeah, I think a lot of people don't realize the politics involved in Hawaii housing or Hawaii issues, but mostly a lot of people talk about it. But when I was elected governor in 1986, at that time the state's position was generally that they should only be responsible for doing low-income rental house. And there were some programs like set out to do that, to blow money to developers. But there was also this growing need for housing in general. I mean, it was tough to buy a house. First of all, it was not necessarily available. And number two, it was expensive. And so the first part of the politics in housing is to understand why. And essentially the reason why housing was so expensive in Hawaii and so unavailable was because of monopoly. We essentially had three landowners, three major developers, and three suppliers. And everything was neatly done with the three of them.   And you also want to develop for the part of the market that's going to pay you the most money. Now you couple these factors with the fact that everything had to come from the mainland. And hence the supply chain. And you really got a situation where housing would not be as available as maybe it should be. On top of all of that, what you had was at that time the Japanese bubble. So this is like the late 80s. I mean, middle 80s through. And so we had foreign money pouring into Hawaii, buying up a river state. So the first problem is, you know, something this is the political situation. So how do you deal with it? Well, the first step, obviously, is to find allies. You need to have people who are agree with you. We're going to help you. I mean, it's in a sense, the numbers game. And I was fortunate at that time. One of the first allies was the president of the Senate, Richard Wong. Now, prior to my election, Richard was an antagonist to the executive branch.  And so, you know, but then I got elected. And he and I, he actually campaigned against me. You need to know that he actually campaigned against me. A lot of people did. Actually, the second ally campaign against me as well, talking about politics. And because, you know, and so Richard and I worked out an arrangement. And basically what we did was I met and we looked at, you know, looked at each other and say, OK, the past is the past.  Why is it that you elected? And then he looked at me and he told me, you know, sincerely, he says, God, what I've always wanted to do is build housing for the people of Hawaii. And I told him, fantastic, help me, help me. You know, then the second ally was was at that time was called coming from representative call coming from Hawaii from your island. Richard. Richard call coming, you know, and Richard was actually at the time of my election involved with a political battle between him and the speaker of the house then Henry Peter. So I remember getting the two of them together at my house, which was Washington play, you know, and trying to bring about some kind of resolution which eventually happened. And again, Richard, what do you want to do? What do you think is the most critical issue? He said housing. No, I got the Senate, the two leaders, by the way, Richard, how are coming campaigned against me. He was, you know, I got everybody else on the Hawaii delegation, Hawaii delegation to support me.  And Richard was on the other side with my opponent starting anyway, make a long story short, we all agreed we all said that was the first step. The next political ally that we needed was somebody who might be already doing it. The third person on this triumvirate was Frank bossy. Bossy was the chairman, I mean was the mayor of Honolulu. And Frank had decided that government should never be restricted to only one kind one side of the street and if Hawaii need housing, he was going to start building housing in the villages. How did they ever. So he was starting the idea of working with develop getting all together, coming together the next thing that was needed the next political thing that was needed in this scenario was a private partner. You know, if you're going to have a monopoly with land, who it is, who is it that we could partner with that could break that monopoly that already had land. Campbell the state of a couple they have been trying to develop something out there for generation and nothing was happening. So, we went out and we essentially made a deal with with with with Campbell and said look, you give us the land will put up the infrastructure will put this together. The next piece in this whole political puzzle, where it started to get really interesting is at that point it became obvious that if we are going to build housing the way we should. We needed to have the ability within the state to actually do it. I think one of the first things that happened was that then we created at that time, the state as as it is now by the way, the state handle all of its housing initiatives with the same agency. That was H&K. And so these are the people that they, you know, these are the people who manage housing for people who essentially low income people who were renting houses for the state as well as supposed to be developing it. But what happens when you put both of these activities together is generally one dominates the other, and we never really developed housing because of the problems with having to daily manage housing. So we split it. And as a matter of fact, I think you got appointed to the board of the new development agency. Thank you for supporting my election. Anyway, yeah. And so we got that was the split. Another part of doing that was it became apparent that, okay, now we had people who were committed to development of housing. We had a landowner who was willing to play. We had a legislature who whose leadership was committing to see seeing this through. And all of these pieces were starting to come together. At that point, we needed a process that developers could go through. And that's when active team came about. And the rest of it, I should tell you that the relationship with the city sort of changed because what we what active team actually did was it bypassed its own. It bypassed it went straight. Basically, the state created its own rules for beginning the what is now called the villages of couple days. Another good thing about it was a fast track. So all the fast track was part of it. So you could move fast, right. So, all of this passing it though was a kind of a challenge, because the first thing was, I asked, I called the city council. And we presented this idea that we were going to be fast tracking we're going to be direct zoning and I asked actually asked them to participate in this. And see, and they were very upset. They left they walked out of the meeting and all of that and we had a, but you know, fine. We had to get it done. And Frank meanwhile was building his villages that ever. And in the process of doing all of that what Frank was realizing was that these types of housing initiative. Not only. They were being supported in terms of the infrastructure by taxpayers month. They were also being done at the time when housing prices were going through the ceiling because of artificial expenditures from foreign buyer, the essentially Japanese investors.  So if a developer wanted to build housing on this kind of land in this type of project or in general, they had to meet certain price line requirement. He basically started the idea of extracting and when he started doing that with the city. I had our administration meanwhile had created the office of state planning with Harold Matsumoto, and we control the land use commission, just like Frank control in a sense with the city council is zoning that was needed, which we had bypass. So, but we have the land use commission. And I asked Harold and some of my cabinet members, I think Warren price and number of other people Warren was my very general. What would be a reasonable extraction. At that point in time, we looked up the existing law existing state law or state project. Was that the. There was going to be a 60% requirement that the number of units being built had to be for moderate and low income. And that began what you call the 60%. Yeah, I know that the developers weren't too happy with that. But the thing is that in with the act 15, we could pass try the different levels of housing in a modern income market. And you know, profits from that would help subsidize the lower income group, which was good. But like you said, the city and county, you know, wasn't too happy with the act 15. So, even on the inspection on a roadways and stuff, they didn't do that over here with the good at ourselves. Right. And they didn't even accept some other roles. I understand. Well, yeah, that's a that's a whole to clean you an issue. But what was interesting was, actually, it depended, you know, at first, but and subsequently, but initially, most developers went along with that, because there was enough money to be made on the market housing. Because the market was so intense at that time in the beginning in the early part of the 80s. And the last so we had the 60% 60%, which wasn't that easy to get people to accept, you know, initially, because people. Bank actually ended up adopting the same standard to both the state and the city were requiring 60% of the houses be made for made affordable. The last part of this whole scenario that had to be put together. So now we had a process we had a target. We needed developers, they had to get new developers in because I think outside of oceanic. Gentry and what I guess somebody else that there was only like three developers in the state. So the first developer that we had was we decided to see whether somebody from outside could help put together, because they have to meet the 60% requirement. And the person who actually found it was that I had a housing consultant, he was the former controller for the administration, his name was he deal more coming. And he did. And his bunch of staff, people that he worked with at HFDC found found this developer called what, which is still in Hawaii, what, what's house. And what we did was we had divided couple they are into, I think it was seven or eight different housing develop. And so the, we went out and invited people to bid for this with these requirements for the rights to develop. And the first village was one by by one, who met that we now had competition. What's interesting in this story is the fact that the second village, and I think the one after that was one by a young guy. I wouldn't call him a kid, but he looked like a kid back then from Maui. And he at that point in time, he had only built something like 25 houses in his whole life. And the theory was bidding to build over 1000 houses in couple days.  And having them come to me and say, Hey, God, you know, this young guy, he's got a great plan. He looked at it and I said, Well, how many houses is he actually built? He said, Well, you know, less than 30. Are you guys nuts? We're going to bet our whole program on this young guy who's never built a thing. This is talking now this is straight out, you know, things how soft it just made. I said, you know, God, you keep talking about how we need new people in the system, how we need to support local people, you know, we can't keep bringing guys from the mainland. You got to start looking around. And I said, Okay, so finally I agreed with, I said, Fine. I gave him the first village and Stanford car was one of Hawaii's premier developers came out of nowhere from Maui and built the first of the second village in Kapolei. And not only did he build the village. He won an award. I think it was supposed to be like the third best development in the country. Yeah, I believe he had a partner was that Franco Mola or he had a number of people and financing and the financing and all the rest of it which goes into a housing project. Okay, which is that and then but in the second village that he put together which he felt what was in effect the third village of Kapolei people you go out there now it's a city. Back then when all of this started, as you know, it was all feel just vacant land, because the sugar industry that had been all the sugarcane fields that closed down. And Campbell, well, Oahu fact the entire state was on its way out in terms of I mean sugar was on its way out of the industry.  And you see this, all of these things have a relationship to what was the car. What was the cause of housing being as tight as it was in the state. You needed political will to get it done. You needed all of these things and.  You needed some new players. That's why guys like you came from Hawaii to work on projects over here. We needed to also support local businesses. So if you hired the people you develop the programs, you're not only reducing costs to the consumers, you also giving engineers architect. Everybody else, a chance to, to prosper and to keep the industry strong. So yeah, politics in Hawaii was, this is the, this is the big picture politics in Hawaii, the bad part of politics in Hawaii is sometimes this whole system can get misused and end up with driving cost up instead of, you know, helping people. It's just like the industry. Okay, we used to be number one in Hawaii in the world for production of sugar cane. Number one in the world for production for pineapple and the rest, you know, and nobody could compete with us, even with sugar in Hawaii. Because on a fair basis, without subsidization. So people used to talk about how, you know, these agricultural industries are being subsidized like sugar was 18 cents a pound. What it meant was that you couldn't buy sugar internationally. So Coca Cola, Pepsi Cola, the rest of these cola companies couldn't buy sugar internationally that cost less than 18 cents a pound. Why was that necessary, because everybody else in the world was subsidizing sugar. Yeah, this is kind of a long start to make a point, but the point is, for example, my wife's relatives in Okinawa was getting 50 cents a pound from the government to do the sugar. Okay, so we maintain 18 cents. All of a sudden, to come in and the pineapple industry don't pineapple, which is now oceanic comes in. And into the trade negotiations, which are taking place with on the national level, and which the state of Hawaii had always supported our industries, our delegation, all of this. Though had been sold to a gentleman called Hertha, and they come in and they all of a sudden says, we don't want any terror. We're not going to take any subsidies. And they refuse. What they didn't tell people was that gold had bought all these land in the Philippines and in Thailand, and they were starting to plant Hawaii pineapple. And they didn't want any tariffs bringing that pineapple into Hawaii. So they were closing down their property. And in closing down their properties, their choice was, we got to build houses. We're going to build houses out at Mililani and elsewhere, instead of raising pineapple. You see, this is the switch. And that happened. They came in and asked the state for zoning. They wanted zoning changes, they needed zoning, they needed to be going from agricultural land to not.  See, at that point, the land use commission said that they were the first, they were the first coming up on this issue. If you are going to build housing, fine, but your housing has to be for the people of Hawaii, which means you now have 60% requirement. See, the transition of industry was also a political issue that had to be dealt with in the housing business. Because all of the lands that we are now having for housing used to be in a different industry. Used to create jobs and that family. Okay, we're wrapping up with a one minute left that kind of leads to government involvement. And in housing, you had the dwelling unit revolving fund, you get the home revolving fund. Later it was defunded. They're trying to put it back now, but I think that led to less housing. Well, what they did was they did a lot of the projects that we did. You know, and unfortunately, some of my successors, both at the city and at the state level, decided that housing was not their business because at that point in time by the time you get well. And you get through the 90s when you get into the 2000s, what happened was there was this deliberate attempt to say that, you know, housing was pretty much satisfied, not the market to get rid of the program. Yeah, you get in the last comment from. Not for me, except that I think that what we need is we need to get serious about housing again and a lot of the same reasons why housing prices, but it has to do with the same factors that we just discussed. Especially now instead of Japanese buyers, we got foreign buyers from elsewhere driving up the cost of housing. We got the new against vertical motors. Yeah, they come from other countries. Yeah, and at that time we had the HFDC 30 years ago, you had a billion dollars in assets, you know, you don't have that much in a way. Thank you. You've been watching politics on Hawaii and think back away with John Wahey, former governor. Thanks for letting me do this because not now I'm the host and I don't get a chance to talk. And I really overdid it. No, no, it's great. We started running out of time. We could spend another hour on this and mahalo to our viewers between again. I'm Dennis Esaki. We'll be back in two weeks with another edition of politics in Hawaii. Aloha.


The study found that virtual reality exposure-based cognitive behavioral therapy, VRE-CBT, is more effective than waitlist and as effective as regular cognitive behavioral therapy, CBT, in treating more severe anxiety disorders, excluding specific phobias and sub-threshold anxiety disorders. The results suggest that VRE-CBT may be a promising alternative to CBT for patients with more severe anxiety disorders. However, higher quality randomized controlled trials are needed to verify the robustness of these findings.


Patriot Prime Reviews is a channel for adult collectors, and may not be suitable for children under 13 years of age. Viewer discretion is advised. Hey, what's going on guys? Patriot Prime here once again with another Transformers Review. But before I get started, I need you guys to do me a favor. If you're watching this video right here, and are not a subscriber of Patriot Prime Reviews, please hit that subscribe button right now. It won't cost you a thing, but will help me and my channel out tremendously. Also, make sure and visit my sponsor toyhacks.com. Toyhacks provides reproduction and upgrade decal sets for Transformer toys from Generation 1 to the latest modern figures. Make sure and stop by the Toyhacks Armory, where they can equip your figures with new weaponry in multiple colors. And Toy Stages provides backdrops for figure displays and photography. Each purchase with Toyhacks earns you RoboSense that can be used for future purchases. You can check your balance anytime in your cart. Toyhacks is a company run by collectors for collectors. So check out toyhacks.com and make your collection stand out from the rest. And tell them Patriot Prime sent you. Now, on to the review. The featured button this video is 1985's Generation 1 DERGE. Or in this figure's case, this is the 2004 Toys R Us commemorative reissue. And this is just as good as the Generation 1 figure because this is one of the few reissues that they didn't have to tweak at all. This is an exact duplicate of the Generation 1 DERGE and works perfect in my collection. Now, DERGE hitting the toy shelves in 1985 more or less guaranteed his appearance in the animated television show. He made his debut in the season 2 episode Dino Bot Island. Now, he became a regular in the series all the way up to Transformers the Movie, where it looked like Unicron ate him along with Thrust and Ramjet. But apparently he got better and he was discovered hiding in Plain Sight in season 3. DERGE made his first appearance in Marvel Comics in issue number 17 where it was shown that he was one of Lord Straxxus' enforcers on Cybertron. DERGE then appeared on Earth in issue number 21 where he assisted Megatron in an attack on Hoover Dam. In G.I. Joe vs. Transformers, issue number 3, DERGE not only appeared on the cover, but he was killed by Serpentor when Serpentor overloaded his weapons. And that's the last you saw of DERGE in Marvel Comics. So now enough of the history of the figure, let's take a closer look at the toy. And welcome to Patriot Prime Reviews. In vehicle mode, DERGE is a modified F-15 fighter jet. He shares the exact same body style as all the other seekers, except DERGE has these brand new gold wings. And I really like the looks of this jet. It's very futuristic. Now, unlike the other seekers, DERGE does not have any rear stabilizer fins. He has these long golden wings, which really add to the uniqueness of his jet. Primarily blue and collar. He's got some great sticker decals. These are the originals that came with the figure. And some show a little bit of wear and probably need to be replaced. DERGE also features a opening cockpit right here that's translucent, kind of a tinted gray or black. Got a rubber nose cone and something I failed to mention in my thrust review.  Man, they just don't make them like that anymore. Great sculpted detailing throughout all the way down to the thrusters here on the back.  Let's go over that more here in a moment. He also has landing gear right here that does not collapse up inside the vehicle. You have to take this out and store it inside the cockpit if you so choose. As before, you can't really tell from the underside of the jet that this is a robot except for the visible head syndrome right there. But all in all, a really sharp looking jet. The color is fantastic and I just love the unique sci-fi look of this jet. Now let's go ahead and get DERGE transformed into robot mode. First thing you're going to do is remove the landing gear and I always like to store mine in the cockpit. Put the wheels in first and then the peg will go up there on top.  Now you're going to go ahead and remove the wings. Take the nose cone, bend that down. Get your fingers underneath this section here and push these sections out which will form the robot arms. Now you're going to bend the nose cone down or fold it down as such and then feed it through that gap. Bring it out and around revealing the robot head and you're going to take this section and bend down like so. Flip the robot feet down. Now you're going to take the fists. You have to put the fists are separate. Put the right and left fists on. There we go. And now we're going to attach the wings. Go ahead and remove these weapons. And now we're going to attach the wings. Make sure they're actually had them had them wrong. We'll make sure the larger section of the wing is facing down. There we go. And the other one. There we have DERGE in robot mode. Let me adjust this camera accordingly. Now we're going to take DERGE's weapons and let's take a closer look at these. DERGE has the worst weapons of the six seekers. There's just nothing really to these. They look like the barrel of a rifle or actually they could pose for a pin. I'm just not really impressed with these. You've got four seekers that have the null rays and the cluster bombs. Then you have Ramjet who has the big rockets or missiles. And DERGE just has these things. But oh well, these will attach right here on the arms via the port right there on top. And there we have DERGE all armed and ready for battle. And DERGE actually looks really good in robot mode. The color scheme is fantastic. Carries over very well. The decals look great. I've never been a fan of the gold decals that go across the eyes. Every seeker has these gold decals and I'm just not a fan. I do not like those. Everything else though is perfect. I just love the colors on this guy. He really, really pops. Now of course in the generation one cartoon and the comics, this was portrayed as a cone head. And you can achieve that look just by mistransforming and leaving that cone up. So there you go. Now of course the instructions show DERGE to be transformed just like this, just like Skywarp Thundercracker and Starscream.  All in all, another great addition to your generation one, Decepticon Ranks. And now for some quick size comparisons. Here is 1985's Generation One DERGE with Generation One Megatron, Transformers Classics DERGE and Earthrise DERGE. 1985's Generation One DERGE is a great Generation One figure. He's got a great robot mode. He's got a great jet mode. And the only real complaint I have with the figure is the weaponry. I really wish he was given better weaponry, especially compared with the other seekers. But still, this is a great G1 figure to add to your collection. Whether it be an original Generation One, or the 2004 commemorative edition like I have here. It's the exact same mold of the G1 and I couldn't be happier. So there you go guys, 1985's Generation One DERGE. So does a Generation One DERGE belong in your collection? Absolutely.  I mean, he's one of the six seekers.  This is a great looking figure. I love his collar scheme. The blue and the gold work so well together. Not to mention such a unique jet mode. Highly, highly recommended. Whether it's the G1 or the commemorative edition like I have. As I said, there is no difference between G1 and the 2004 commemorative. They both look great and will look awesome on your display shelf. Now guys, if you enjoyed the video, don't forget to like, don't forget to subscribe, and don't forget to click that bell icon to get notified when I upload new reviews. Once again, this is Patreon Prime, signing out. HELLO!