This 10th year of Daily Tech News show is made possible by you, the listener. We could not do this without you. You are amazing. Thanks to every single one of you. Let's go out a few by name, Brandon Brooks, Hector Bones, Tim Ashman and Colin. On this episode of DTNS, who is Sony's PlayStation portal for exactly is LinkedIn winning its social networks and India joins the exclusive moon landing club. There you go. This is the Daily Tech News for Wednesday, August 23rd, 2023 in Los Angeles. I'm Tom Merritt in Salt Lake City. I'm Scott Johnson and on the show's producer, Roger Jane. We have a cornucopia of technology news for you today, including some AI news. So let's start with the quick hits. IBM launched code assistant for IBM Z or for you Canadians. IBM Zed, a new generative AI code model designed to translate cobalt at that cobalt common business oriented language into Java. So all those old programmers that used to get hired to, you know, fix Y2K do with AI now cobalt's legacy code dates back to 1959. IBM's new tool would help modernize old mainframes. IBM expects it to become generally available in Q4 2023. After entering preview during IBM tech exchange, which is happening in Las Vegas next month, open AI released a new feature for chat GPT 3.5 turbo. This is similar to the custom instructions that chat GPT recently started offering free users to tailor their responses to their use case. Paying customers can use their own data to refine generative AI results in certain languages to specify outputs or to keep a consistent brand voice. If you will find tuning for GPT 3.5 turbo is available now and will be available for GPT for this fall. Meta announced it will turn on end to end encryption by default in the messenger app by the end of this year. Verge reports. Meta also plans to roll out the same features in Instagram DMs. Very nice. Spotify introduced new features for podcasters. Oh, that's us. Like customization tools for podcast showpages, new impressions, analytics preview tools, more automated ad options and a new Spotify audience network performance dashboard for megaphone enterprise publishers. That's currently me. Other tools include auto-generated tags that let listeners jump to the search results for any given creator. And according to new research from antenna, Netflix signed up approximately 2.6 million new users in the US last month, which is more than any other paid streaming service did. However, it's still down 26% from June. So fewer people signed up in July than in June. Also 23% of the new signups went to Netflix's ad supported plan, which is cheaper, but has ads. That's the difference. Hey, let's get it. All right, let's talk a little more about this big old Sony news. Well, back in May, you may remember, maybe not. Sony teased a project queue is what they were calling it. It was a handheld game streaming device and now we have almost all the details, maybe not everything, but most of it. It's called PlayStation portal and it's coming later this year for $199.99 no actual release date yet. We just know sometime this year and we don't know the battery life yet or any of those things, but we know a lot of other stuff. Let's run through what we know. Yeah. So here's what they did announce for the Sony PSP, the PlayStation portable. No, wait, PlayStation portal. They dropped the bull. Yeah, that should be their slogan. We dropped the bull. Yeah, the Sony PlayStation portal. You can stream your PS5 game. So any PS5 game you have installed on your PlayStation, you can stream over Wi-Fi with a minimum five megabit perception per second connection, though they say 15 is probably ideal. So you can do it with five, but if you got 15, you should be fine. If you got more than 15, you're grand. It's over the internet. So your portal needs to be connected to Wi-Fi, but you don't have to be on the same Wi-Fi network as your PS5. It'll go over the internet. You'll be able to play supported games. So maybe not every game is going to work and media, although we don't know if like Netflix is going to work and it can wake the PS5. So you don't have to leave your PS5 fully on. You can have it in sleep or whatever. It does not, however, work with PS plus premium. So you can't cloud stream to the PS5 and then stream back to the portal. I'm guessing that has something to do with lag, although it might have something to do with licensing. I'm not sure. Eight inch LCD screen on the portal device. It's the one with the split controller with the screen in the middle, 1080p 60 frames per second. That split controller is dual sense. So it does almost everything a dual sense controller can do adaptive trigger haptic feedback. Even that little touchpad that you get on the dual sense will show up at the bottom of the screen. So you can do touchpad stuff. The only thing you don't get is the light bar. I don't think anybody's going to miss the light bar that much. There's no Bluetooth on this, but there is a headphone jack 3.5 millimeter jack or PlayStation link. That's right, folks, a brand new proprietary Sony wireless protocol with the ability to connect to special wireless headset and earbuds that also got it out. Scott, tell us more about those headsets. Well, this is all true what you said. And if planner magnetic drivers for high quality sound get you excited, then get excited because that's what you're going to get. They're in two new wireless headsets from Sony that promise lossless audio and low latency. The wireless earbuds are called pulse explorer. These are also previously unnamed but teased. Those are also $199 and 99 cents a little on the pricey side, but there's, you know, other competition in that same price as the portal. Yeah, it's the same price as that other device. Then there's the over the ear wireless headset called the pulse elite. That is $149.99. So it's probably the one I would get. They support PlayStation link, which is the new PlayStation portal. And that's the way you get audio from one to the other. If you're all thinking, Hey, I'm going to just use my Bluetooth devices with this bad news, your Bluetooth headphones and earbuds will not work with this device. It will either have to be link compatible or you'll have to get an adapter to make it work. They support PlayStation link, which is now the PlayStation portal and available on USB dongles sold separately. Like I mentioned, so you can add it to your PS five or your place or your PC other devices. Both headsets also support Bluetooth and can do simultaneous connections to PlayStation link and Bluetooth devices, which is cool because in theory, you could take a call on one and not interrupt your audio on the other. But keep in mind the PlayStation portal, the portable gaming device does not let you use your Bluetooth devices. I just want to make that part clear because it's not the other way around works, but not that direction. So the portal is the only thing that requires PlayStation link to do wireless headphones. Correct. Even even the PlayStation link headphones support Bluetooth. Even even the PlayStation five supports Bluetooth. Yeah. Okay. Just just yeah, good. Thank you for clarifying that. So we get a way to stream your installed PS five games and a new proprietary headphone protocol. Scott, which do you love the most? Well, to be honest, I think it's cool looking. A lot of people don't like the design. It looks like a tablet wedged between a split controller. I have one of them right here, this red one. It literally looks like you took it down on each side and just tore it apart and then added an eight inch device in the middle, which just looks like sort of a tablet screen and they're not wrong. It does look like that, but I kind of like it. That that's maybe my favorite thing is the form factor. And I think keeping it consistent with PlayStation five controls is smart. One thing I do want to make a clarification on we said earlier that you must have games on a PlayStation five that includes PS four games that run on your PS five. So yeah, that's a good point. Yeah, if you're if you have a bunch of PS four games that carried forward or you've bought lately or what for whatever reason they are compatible in the new system and a lot of those with upgrades to frame rate and other reasons why they might play great on your PS five. Those games will also play on this device. They don't have to be quote unquote PS five only.  Correct. So what I love about it is conceptually I'm kind of in on a device like this. It's coming out of the gate a little bit limited. One of the fine princes.  They don't play those off a hard drive. This doesn't currently support that and they and they explicitly say that that doesn't mean they won't or that won't come later. But if you're a premium subscriber of PlayStation Plus currently, you're not going to get those experiences on this device that way. There's also no, you know, for people home rubbing their hands together going, I'll find a way to make this work with Game Pass and GeForce now and five other streaming service platforms. It is not designed to do that. Someone may hack it to do that, but when this thing launches, you're not going to have those those options. My biggest take my biggest problem with this announcement now that we have most of the info is honestly price point. I think 200 bucks is a lot to ask the other peripherals you could give or take and maybe come up with other solutions. But $200 for a device that is nothing but a remote pad for this for your PlayStation 5 and it is cool. You can play it on the road and it is cool. You can wake the system with it. Those are all neat features and I think kind of required features. I just think that's too pricey. I think a hundred to 149, you know, you might have had me and tell this has more functionality or maybe more use case. I'm going to wait. Yeah, at $99, it starts to be close to the price of a game or a controller. So and then if you think about it as like, oh, this is just a cool controller that has the game in it. So, you know, you'd pay 75 bucks for a really good controller if this was 99 bucks and then actually get included the game and you think about it as like a controller. It starts to make sense at $199. It feels more like it's trying to be a headset or a switchlight or something like that, which granted, those are more expensive. So this is, I guess, priced correctly and yet still feels expensive for what you get. Yeah, and you made a good point.  Isn't that different in price from this? We're talking just a little bit more, another 50 bucks for the for the standard dockable style one.  I think that that this price point is going to just cause some some head rubbing, you know, a little bit of, hmm, should I do this or not? Is this the right time? I may also would wait until we get some hands on from people and kind of see how this thing feels. But yeah, right now, it's just not going to be on a lot of players radar. I'm afraid granted you can do remote play right now with your phone, but the latency won't be as good as this says Sony and the IGN review sort of bore that out like yeah, the latency is crazy good and it can't wake the PlayStation from sleep, which this can do so couple of advantages there. Again, I'm still not sure they're worth the price. I get the attractiveness of you know, when I go on vacation next week and I'm sitting in Seoul in a hotel room, I could just play my PlayStation 5 games that are sitting back here in Los Angeles. That's cool and this will be able to do that, but is it worth $200 from me? Right. And I'll also, you know, as somebody who has a Steam Deck and a PlayStation 5, I'm already doing remote play with my PlayStation on my Steam Deck pretty beautifully now. I've only ever done it over my own Wi-Fi network and obviously me taking it somewhere as a whole different issue you can create. But how much better is this going to be than that what you already have? Probably not that much. It'll be better, technically better, but it'll be probably not so much that it devalues all the other advantages. So I don't know. They have a little bit of an uphill here. We'll have to see how it goes when it comes out. Well, kudos to the Indian Space Research Organization ISRO, which has made India the first country to land a device on the South Pole of the Moon. The Chendrayan-3's Vikram lander touched down safely in its second attempt. And a few days after Russia's Lunar-25 mission failed, it made impact. It did not have a soft landing. The successful voyage of this unmanned spacecraft makes India the fourth country to soft land on the Moon after the United States, Russia and China. The Pragyan rover will now deploy out of the lander and start taking photos and collecting scientific data. Between the rover and the lander, the mission has five instruments to measure things like atmosphere, surface, tectonic activity, and mostly look for water ice. Is it there? How much is there? Because water ice could be used by future missions for, you know, lots of things. Sure, astronauts could drink it possibly, but also to make fuel because you can make hydrogen fuel out of it. And that's a big deal if there's enough of it down there and we think that there is. So this is going to be humanity's first chance to find out just how much there might be there. Yeah, I love that. We used to do a show called Forecast and in it, we had multiple times where somebody came up with the water wars as our future where water becomes very scarce or at least potable, drinkable water. I'm all about let's get the Moon pumped. Let's get out of there whatever we need because we may need it. Aside from that, though, the only thing that bums me out about any of these news drops, India did this, Russia did that, Asia and Europe, everybody's doing their thing. NASA does this other thing. I still wish and I know there's a lot of cooperation. We have the International Space Station. We have a lot of cooperating going on between agencies. I still wish it what didn't feel competitive. I wish it felt more like the one part of humanity where we all aren't trying to rah rah our own team. We could all just have one big interagency cooperation. I know it's it's it's naive of me to even ask for this, but I would love that because it feels like progress is only going to help everybody collectively. And that would be really cool.  I just wish it wasn't like a competitive enterprise. Tom's what I'm trying to say. Maybe that helps him. Maybe it helps advance it and I'm being very obtuse here.  Scott just because the Indians finally wanted something. You know, why does it have to be so competitive? No, I totally get what you're saying, but I think this is the right amount of competitiveness to me. You want a little competition. You want friendly competition where folks are like, Hey, I think I can get there first. You you want both to succeed. You'd rather not have the lunar 25 mission crash, because then if we had two missions down there, we collect even more data. But a little competition, I think does spur you forward to like try to try to make things better. So I'm not against a little bit of friendly competition. I'm with you though. It feels like the competition has been a little less friendly than it used to be. Yeah, I guess that's maybe what it is. And also look at the end of these things cooperate all the way down to the wire when your rover is on its last legs and let's let's put one up there too. Now we got two rovers. They've done their job. They're tired. Now we have rover fight. Then we can get competitive. You know what I'm saying? Get him out in the middle of a crater. I was not where I thought you were going to go with that. Yeah. So you want you want like a battle bots of the of the moon rovers. Yes, you could China puts its rover up there. India's got theirs. Maybe Japan and Israel get one up there. The U.S. gets one up there and then they all have like a battle royale at the south pole of the moon. Yeah. In a heartbeat you you create a basically a replacement for the Olympics kind of you have the most competitive thing ever and it's just the robots getting hurt. You know what I mean?  So at end of life, Mars rovers, whatever wherever we're at. Yeah, big, big fight on the south pole when you're done. I mean, well, we're getting more folks up there on the moon. Israel expects a follow-up to its bear sheet lander in 2024. Israel's famously crashed. It did not have a soft landing so they don't when you're like there's only four. There's only four soft landings. Israel, Europe and Japan have all crashed things in the moon sometimes by design. Sometimes not, but Israel is expected to have its lander in 2024 and the United Arab Emirates wants to land something in 2024 as well. So we'll be getting more stuff up there. Folks, if you'd like to reach out and talk to us. Well, there's just one place to go. Wait, no, there's 17 places to go on the Internet. DTNS show on X and Mastodon. We're at mstdn.social Daily Tech News Show on TikTok and DTNS picks on Instagram and threads as well as Facebook. We've got a page on Facebook as well. So go check us out in all the places you are and say hi. LinkedIn, which Microsoft acquired for twenty six point two billion dollars in 2016 doesn't report daily or monthly average users. So we have to look at a few other stats, but the last spring users shared 41 percent more content on LinkedIn according to LinkedIn than they did in the same period in twenty twenty one. So over a two year period rose 41 percent. Revenue has been going up and up and up. The fifteen billion dollars in revenue in twenty twenty two was like triple what it had been five years before. So good for LinkedIn, but also somewhat unusual numbers, right? What is up? What is up with this LinkedIn? We just mentioned all these other social networks that are not apparently doing as well as LinkedIn. Bloomberg cites some folks who seem to have the answers, including social media enthusiast Selena Rizvani, who tells the publication other social media platforms were changing their algorithms or their operating rules on Instagram or TikTok. There's more frustration because what's worked more than a year ago or even six months ago that got success in tons of eyeballs doesn't today. In other words, LinkedIn has been a constant for online folks. And when you combine the fact that during the lockdowns in twenty twenty and twenty twenty one, people started to post a few more personal things that became acceptable on LinkedIn. It's become kind of a nice, mature alternative. We actually talked about this a couple of years ago and DTNS how that was shaping up to be that and then Bloomberg's basically following up and saying, yeah, it still does. This article from Bloomberg puts it well, saying TikTok and meta prioritize interests over friends with their algorithms. It's about showing what you're into and being an influencer which isn't necessarily bad, but LinkedIn is more about people and networks and connections. Yeah, I've noticed that. I've noticed a change in my own usership when it comes to I like TikTok. I've used TikTok for a long time. And what I liked about TikTok is it tended to algorithmically wrap around my interests pretty well, pretty quickly and even reset itself. If I spent too long or, you know, got distracted while I hovered on a video for too long and looked at something and then came back and realized, oh, no, the next 20 videos think I want more of that when really I was just being distracted. It would reset itself. Now it is a lot of wanting me to buy stuff through the TikTok online store, which is a big push for them right now. Yeah. And it's really souring lots of money. Yeah, there's a lot of money. It's not working. It's not exactly. It's working for somebody. They're making money out of a fist, but I'm just annoyed by it. I feel like it's just ads on top of other regular ads. And what I what I hope is happening on LinkedIn is just slow and steady wins the race. There's a bit of a tortoise thing and I don't mean win the race, but just like this is all it needs to be. It at least now is good at letting you have conversations that have nothing to do with you looking for jobs or, you know, networking around for finding out if you can get a new job or a promotion or whatever these, you know, use cases have always been with LinkedIn. If it can also just be a place where me and friends and people who might be friends can have conversations and kind of Twitter 2008 a little bit. I feel like that's great and Tom correct me if I'm wrong, but it almost feels like Microsoft who has tried multiple times and failed, along with Apple, I would add to try to be in the social media space and compete with Facebook to compete with Twitter and everything else that's come out. It's almost like this kind of will fall into their lap just by holding steady. Do you know what I'm saying? Like, I don't I don't know that I'm going to fight you, Scott. All right. Fight you on that. Give a name. The times they tried that weren't successful. See, that's a good question. I'll give you one. Yammer. Yeah, I forgot about Yammer. Yeah. They almost bought discord. They didn't buy it. I guess, you know, but did not. Yeah. And if you count, but name when wait, when did they buy LinkedIn? 2016. 2016 is not that recent. Yeah. So 50% of the tries we could name have been incredibly successful from the moment they bought them. Yeah. But I guess I'm throwing into that like mixer and I know that's not a social network, but in a way, it's not a social. They have tried other things. That are social. That's fair. That's fair. I'll give you that. It just feels like an egg that is hard for the big guys to crack. Apple tried it with Ping. Remember Ping. Oh, yeah. That did not work at all. And I would argue that when you when you like when you step back and don't and let's leave gaming out of it, Microsoft has tried social networking really twice. And one of them is proving to be amazingly successful and surprisingly successful. I think that's part of it, too. It's not that it fell into their lap, but I think when they bought LinkedIn, they thought, oh, we're going to get an enterprise level job thing, not the replacement for Twitter. Yeah. No, there's no way at least I don't think so in 2016 or even the lifetime of LinkedIn. I've never looked at that and went an alternative to Facebook and Twitter. I don't think about that way, but suddenly today in light of not only this article, but our discussion about it and and so on and me going over there today and logging in for the first time in years. It looks a lot like Twitter now. It's still LinkedIn though, right? Yeah, still like face. Facebook is the grocery store where you see folks from your neighborhood. I don't know. Mastodon is your is your local board game coffee house. X is a dive bar and and and LinkedIn's like the lunch place in downtown, you know, so where you might get work done as well. Yeah, you'll get some work done. You'll see some friends. Yeah, a nice salad. They've got a creator mode now. I don't know when that was put in, maybe forever. I don't know, but I didn't know about it and I went in there and enabled that today. That's basically a more public facing profile thing and that makes sense for people like us. So them being able to loosen up whatever rules there were about this is all business and make it a little bit easier to build around it. I think is really smart. You know, maybe that was the long the long con here for lack of a word. Just before we move off of this, TikTok is expected to lose 500 million dollars on shopping in the U.S. this year. Well, no wonder they're pushing it so hard. I cannot get three videos in without seeing 10 of those. They're like, I can't lose that much money. I even bought something through that by the way. Oh, you did your part. I did my part, but then they keep telling me to buy that same thing. I bought that doesn't seem so yeah, that's not good. That's not good. Real quickly, here's something you might want to buy. Atari is betting that some of us are still willing to put down cash for another nostalgic reissue of the iconic Atari 2600. The company that currently owns Atari calls itself Atari because they own the name, but they're not the original Atari anyway. It calls this new version a modern day faithful recreation of the pioneering console and it will supposedly play the original cartridges. So that's that's new. You can actually take an old Atari 2600 cartridge put it in this new recreation and it should play in conjunction with European game developer Playon. They created the Atari 2600 plus. It also plays games from the 7800. It's a hundred thirty dollars little smaller than the original 1977 model, but still has power TV type game select and game reset. So feels the same. I have right here in my hand a copy of Pacman game program for the 2600 and I have nowhere to plug this. I have an old dead 2600 that would never work, but the fact that I could take this terrible part of Pacman and put it into that machine and make it play is actually really neat. I think this gloms on to the the retro revolution we're having a little bit of right now. It's hardware based, which aficionados really like. And this is actually honestly more exciting than the Atari VCS, which is sort of tried to do this plus more more recently. It's basically a small PC, but the goal of it was like to have a ton of Atari games on it.  It was sort of Android and Linux based. No one cared. No one bought it. I think this has potential. So I'm pretty excited about it. Sounds great. I don't know how much potential, but this is in more interesting in the sense of game preservation, like in the sense of I can take an actual cartridge that I have a bought at a Goodwill or have kept since the 70s and play it. I think that's good. It's good for history. It's good for preservation. I encourage this sort of thing. I have the Atari 2600 app. Actually, it's just the Atari app on on iOS. It has all the games, but playing them on a phone is not the same. Playing them on a computer, not the same. Playing them on a replica like that with the cartridge. That's pretty cool. I like that. Yeah, I like it. And keep in mind, you know, there's a lot of money to be made in these classic console markets. You know, Nintendo did really well with the NES and Super NES classic reissues and Sega with their mega drive one and two or Genesis one and two, depending on where you were living at the time. And they have all done really well, reasonably priced tons of classic games on there, a legal way to get these games. Like there's a lot for that. And in their case, then letting you use actual cartridges.  Here you go. They did. I like it. All right, let's check out the mail bag. Mike and Dusty Dubai appreciated our chat on foldables yesterday and says he's definitely foldable curious, but is still wondering about one big question. Battery life. He says, I can't imagine that powering three screens is the most battery efficient. I get especially worried about the tensor chips, especially having just switched out my Pixel 7 a for a Samsung S 23 because the battery drained in about eight hours or less. Mike, that's a good point. I almost brought up battery life yesterday, but I didn't and neither did when or Shannon because it is apparently not a concern for us. Good. Trust us. If we thought battery life was a problem, we would have brought it up. But I think all three of us have found that the battery life is is pretty good on the Pixel fold. I've had mine out since I don't know about 7 30 this morning and I'm at 97 percent. So there's enough battery in there and there's enough efficiency that powering those screens ends up not being too much of a drag. However, I haven't pushed it. I haven't really like like pushed it on a hard day yet. So I'm curious when I travel and I'm using it a lot more like how much that battery drain. So I'll report back on that, Mike. Yeah. So far signals are good.  Yeah, no offense. Teenagers. Plenty of you are studying and doing good work. I'm not, you know, being specific here about whoever you may be right now. You're having a bad day and you're on your phone all day. If Tom did that, that would probably tell you.  Well, I know that you are good on the metaphor of my personal battery life, Scott. You you recharge me. Thank you for being here on the show. I know that the Atari 2600 is is close to your heart in many ways because of your show, Play Retro. That's right. I have a show called Play Retro recorded actually after I do this on Wednesdays. That's the next thing I do. We do it live. But if you want to get the podcast and hear about all kinds of retro gaming topics, check it out. Play Retro wherever you get your podcast or you can go to frogpants.com slash play retro. We're talking about all the old 8-bit and 16-bit baseball games that sort of shaped the early sort of sports video game world. And I still say some of that stuff is as good as it ever got. We kind of peaked there. Amazing stuff. So if you are interested in that or the vast array of things you can talk about in the retro world, check it out. That's Play Retro wherever you get your shows and patrons. We talked about the biggest news out of Gamescom week so far being the Sony PlayStation portal. But there was more and Scott was on it. Stick around for the extended show Good Day Internet. Gamescom has begun and Scott's going to tell us some of the things he thinks are also big news out of that conference. Stick around for that. You can also catch the show live Monday through Friday 4 p.m. Eastern 200 UTC. Find out more about that at dailytechnewshow.com slash live back tomorrow. Sarah Lane will be here talking with Charlotte Henry about the end of Netflix's DVD service. And what that means for the future of home video distribution. Talk to you then. This show is part of the frog pants network. Get more at frogpants.com Diamond Club hopes you have enjoyed this program.


Live from Austin, Texas, it's theCUBE, covering KubeCon and CloudNativeCon 2017. Brought to you by Red Hat, the Linux Foundation, and the Kube's ecosystem partners. Welcome back, this is SiliconANGLE Media's live coverage wall-to-wall of KubeCon and CloudNativeCon here in Austin, Texas. Got the house band rocking all day. I'm Stu Miniman, happy to be joined on the program. Dan Walsh, who's consulting engineer with Red Hat, rocking the Red Hat. Dan, thanks so much for joining us. Pleasure to be here. All right, so we've, you know, Red Hat has a strong presence at the show. We had Clayton on yesterday, you know, top contributor, won an award, actually, for all the contribution he's done here. Going through a lot of angles. Why don't you start with, tell us, you know, kind of your role, what you've been doing at Red Hat. So at Red Hat, I'm consulting engineer. Which basically means I lead a team of about 20 engineers, and we work on the base operating system. Basically, anything to do with containers from the operating system on down. So kernel engineers, but everything underneath Kubernetes. So traditionally, for the last four and a half years, I've been working on the Docker project, as well as other container-type efforts. We've added things like file system support to Docker. Lots of kernel changes. Lots of, you know, we're working forever on user names, space, things like that. More recently, though, we've been working, we started to work on sort of one of the, well, OpenShift and Kubernetes were built on top of Docker originally, and they found over time that the Docker base was changing in ways that were continuously breaking Kubernetes. So about a year and a half ago, we started to work on a project called Cryo. So a little history is, if you go back, Kubernetes was originally built on top of Docker, but CoreOS came to Kubernetes and wanted to get rocket support into Kubernetes. And rather than add rocket support, Kubernetes decided to find this interface, basically a CRI, container runtime interface, which is an API that they would call out to run containers. So Rocket could build a container runtime interface. They actually built a shim for the Docker API. But we decided at that time to basically build our own one, we call it the Cryo. So it's container runtime interface for OCI images. So the plan was to build a very minimalist demon that could support Kubernetes and Kubernetes alone. So we don't support any other orchestrations or anything else. Totally based on Kubernetes CRI. So our versioning matches up with Kubernetes. So Kubernetes 1.8, you get Cryo 1.8, Kubernetes 1.9, you get Cryo 1.9. Yeah, Dan, we've been talking about this. Red Hat made a pretty strong bet on Kubernetes, relatively early in there. Red Hat, very open, everything you do is 100% open source. So for Cryo, why only Kubernetes? There's other orchestrations out there that are open source. So let's take a step back. So one of our goals in my group was to take, sort of what does it mean to run a container? So if you think about when I run a container, what do I need? I need a standard container image format. So there's the OCI image bundle format that defines that. The next thing I need is the ability to pull an image from a container registry to the host. So we built a library called Container's Image that actually implements all of the capabilities of moving containers back and forth around, but basically at a command line or a library level. We built a tool on top of that called Scopio, which allows us to basically command line. I can move from one container registry to another. I can move container registries to different kinds of storage. I can move directly from a container registry into a darker daemon. So the next step you need when you want to run a container is storage. So you need to take that container image and put it on disk. And in the case of containers, you do that on top of what's called a copy on write file system. So you need to be able to have a layering file system. So we created another project called Container's Storage that allows you to basically store those images on storage. The last step for running a container is actually to launch an OCI runtime. So OCI runtime specification and Run-C takes care of that. So we have the four building components for what it means to run a container is separate. So we're building other tools around that, but we built one tool that was focused on Kubernetes. And again, the reason Red Hat bet on Kubernetes is we felt that we had the best long-term potential and judging by this show, I think we made a sane bet. But we will work with others. I mean, these are all fully open source projects. We actually have contributors coming in that are contributing at these low level tools. For instance, Pivotal is a major contributor and container image, and they're using it for pulling images into their base. We have other products that projects are using it. So it's just not Kubernetes. It's just that cryo is a demon for Kubernetes. Yeah, Dan, it's really interesting. You're listening to Clayton's keynote this morning. He talked about one of the goals that you have at Red Hat is making that underlying infrastructure boring so that everything above it just can rely on it and works on. There's a lot of work that goes on under there. So it's like the plumbers and the mechanics down underneath making sure it all works. A lot of times when I give talks, the number one thing I'm always trying to teach people is that containers are not anything really significantly different. Containers are just processes on a Linux system. So if you boot it up a regular RHEL system right now and you looked at a PID-1 of a system, let me take a step back. I define containers as being something has C groups associated with the resource constraints. It has some security constraints associated with it and it has these things called namespaces, which is a virtualization layer that gives you a different view of the processes. If you looked at every process on a Linux system, they all have C groups associated with them. They all have security constraints associated with them and they all have namespaces associated with them. So if you went to PID-1, if you went to slash proc, PID-1 slash NS, you would see the namespaces associated with PID-1. So that means that every process on Linux is in a container. By the definition of a container being those three things and all that happens on the system is you toggle those so you can tighten them or change some of the namespaces and stuff like that and that gives you the feel of the virtualization. But bottom line is they're all containers. So all the tools like Docker, Rocket, Cryo, RunC, any one of those tools are all just basically going into the kernel, configuring the kernel and then launching the PID-1 on the system. And from that point on, it's just the kernel that's taking it. The red hat has a T-shirt that we often wear that says Linux is containers and containers is Linux and that actually proves the point. So bottom line is the operating system is key and my team and the developers I work with in the open source community is all about how can we make containers better? How can we further constrain these processes? How can we create new namespaces? How can we create new C groups, new stuff like that? So it's all low level stuff. Dan, give us some flavor as to some of the customer conversations you're having at the show here. Where are they? I mean, we know it's a spectrum of where they are, but what are some of the commonalities that you're hearing? And I mean, at Red Hat, our customers run the gamut. So we have customers who can really get off of REL5, which came out 12 years ago, to sort of the leading edge customers. And the funny thing is that a lot of these are in the same companies. So most of our customers at this point are just beginning to move into the container world. They might have a few containers running or they have the developers insisting, hey, this container stuff cool. I want to stop playing with it. But getting them from that step to the step of say, Kubernetes or to get into the step of OpenShift is sort of a big leap. My fear with a lot of this is a lot of people are concentrating too much on the containers. The bottom line is what people need to do is develop applications and secure applications. I actually, my history is very based in heavy security. So really, we face a lot of customers who sort of have homegrown environments and their engineers come in and say, oh, I want to do a Docker build or I want to talk to the Docker socket. And I always look at that and question, you're supposed to be building apps. You're building banking apps or you're building military apps. You're building medical apps. They should be concentrating on that and not so much on the containers. And that's actually the beauty of OpenShift. You can set up OpenShift workflows in such a way that their interaction to build a container is just to get check it. And it's not, you don't have to go out and understand what it means to build a container. You don't have to get the knowledge of what means to build a container and things like that. Yeah. Dan, you bring up a really good point. At this show, most of the customers I'm talking about, it's really about the speed for them to be able to deliver on the applications. Yes, there's the people building all the tooling and the projects here. And there's many customers that are involved with it. But we've got further up the stack where it's closer to the application, less to kind of that underlying infrastructure. And a lot of the other thing customers are looking for. In my case, as I said, I have a strong background in security. I did SE Linux for like 13 years. So most of my time talking to customers is about security and how can we actually confine containers? How do we keep them under control? And especially when they go to multi-tenancy. And it's a good thing that I don't know if you're going to talk to Cata. Have you heard about the Cata project? So we've talked to a couple of people. Cata coming out of the open. The clear containers. Yeah, clear containers in Intel. Yeah. And I think those, getting to those levels of using hideware isolation. Yeah. It really helps out in security. It's interesting. Because that's, you know, we're first looking at it. It's kind of a lightweight VM. It's a container. Does it, you know, where does that fit? And they're not really, they're really just containers. Yeah. Because they're not, a lightweight VM would be actually booting up like an init system and running, you know, logging and all these other things. Okay. So a Cata container, I'm more familiar with clear containers. A clear container is literally just running a very small init system. And then it launches run C to run, actually start up the container. So it has almost no operating system inside of the, you know, lightweight VM, as opposed to running just regular virtual machines. Yeah, Dan would love your take on, you know, you talked about security. You know, security of containers, you know, the role of security in the cloud native space. You know, what are you seeing and what do we need to work on even more as an industry? Yeah, it's funny. Because my world view is at a much lower level than other security people that would talk. Because other security people would be looking at sort of network isolation and, you know, role-based access control inside of Kubernetes. I look at it as basically multi-tenancy. So running multiple containers with different workloads and what happens to one container gets hacked. How does that affect the other containers that are running and how do I protect the services? So over the years when we've been working with Docker, I got SE Linux support in, we've gotten Seccom support in. We're trying to take advantage of everything in the Linux kernel to further tighten the security. So the bottom line is a process inside of the container is talking to the real kernel on the host. Any vulnerability in the host kernel could lead to an escalation and a breakout. So that's why, no matter what you say, a hyper, like a hyper shell or a separate container running inside of a VM is always going to be more secure. But that being, on the other hand, containers, in a lot of cases, if you want to have some interaction, if you go all the way to VM, you get really bad isolation. So you really have to cover the gamut. So a lot of times I'll tell people to look at containers as being a, they're not zero sum game. You don't have to throw away all your VMs to move to containers. I tell people the most secure way to run an application is a separate physical hardware. The second most is on VMs. The third most is inside of containers. And then you can go on all down the line. But there's nothing to say that you can't run your containers inside of separate VMs, inside of separate physical machines. So you can set up your environment in such a way. Say you have your web front end sitting inside of VMs, inside of your militarized zone, on separate physical hardware. You set up your databases with your credit card data on separate physical machines, separate VMs on separate containers inside of you. You can build up these really high levels of security based on containers, virtualization, and physical hardware, so. I can go on forever on this stuff. So, yeah. Well, Dan Walsh, really appreciate sharing some of the ways that Red Hat's trying to help some of those underlying pieces become boring so that customers won't have to worry about. That's really what it's about. If you know what's going on at the host level, then I haven't done my job. So our goal is to basically take that host level and make it disappear, and you can work at your higher level off the streets. All right, well, Dan, great to catch up with you. Thanks so much for joining us. We'll be back with lots more coverage here from KubeCon 2017 in Austin, Texas. I'm Stu Miniman, and you're watching The Cube.


The broadcast is now starting. All attendees are in listen only mode Good morning traders Just a soundcheck here if you can just type yes in the questions and also visuals you see the Page here that says book map and J trader Okay, excellent. Okay. Well, welcome to the professional Trader webinar series. We're gonna go through today's action with J trader And he's been trading for quite a while since he was quite young and his teens there late teens as you can see Working very very hard trading all sorts of different things a lot of volume as well and you know looks at Was very active trader and still is of course, but you know many many trades as you can see here 30 to 50 trades per day focuses primarily on scalping level 2 and Wishes he had book map back in those days Just this kind of transparency is quite nice And J trader trades mostly US equities and options. Okay, you can see our contact info here Bookmap comm our Twitter and our support email risk disclaimer Trading futures equities and digital currencies involve substantial risk of loss and is not suitable for all investors Past performance is not necessarily indicative of future results All right, and just I'll put this into the chat every now and then so you guys have it You probably see it already here. I'll paste it in right now For those of you who just came in this is if you if you want to reach out to J trader Here's his contact information. Okay, you have his Twitter his YouTube page his email here as well as his website and special book map link here since J trader is a partner here with book map that We can offer Something special through our partners. Okay, so I click on this link here and These are offers that are not on the website from book map comm. Okay, so you'll see they're longer term Three months a year or for lifetime You can purchase and get and get some special deals here. All right, so if you want to take a look at some of those as well other than that Let's kick it off here and let me hand it over to Joseph J trader Good morning, everybody. So glad to be here Thanks book map for the opportunity. This is our second live webinar so as Bruce mentioned we will go over mid big caps and small caps setups over here and We'll talk about mostly institutional Trading how to spot them how we can use book map to Guide and have more conviction in our trades Dance then we will talk about rejection trading and bounce trading so We'll start with today First of all I'm gonna show two mid caps Trades so the first one over here this morning was PDD on a huge gap down over here and Why book map is helping me in spotting the trade the zone the level where I want to short So forever already knows me. I like to trade base with my system over here We'll do like this think Will work better Okay, so this is not Anything else than just a one-minute chart We have a view app over here. We have my two EMAs, okay, Fibonacci expansion EMAs and Here we have book map on PDD. So this is open 9 30 this morning The bigger the can the bigger the dots over here the bigger is the soak and the bigger is the volume So on these gap down plays I start always looking for a possible push into the Pre-market resistance. So this level over here 2780 28 and you can see this over under the one minute 79 and At the same time in the 28th level over here, you can spot a huge big resistance So you see these two lines over here. These are called heat maps So once the price and in that moment We have this This is what you have exactly in that moment, okay? You see the price bouncing here to towards the 28 towards the 28 and you can see 2793 stacked with 20,000 and This on the right is the cumulative volume, which is the sum of all these volumes together above the bid so this is your ask This below is your bid and this is like the price in that moment So once I get there to the 28th, I know there are big sellers and I have my setup Saying that this one minute 79 will fail below this 2780 2785 with the risk just above 28 So for 10 15 cents is your entry what it does fails all the way down and This is what is called rejection trading or short into intraday resistance So I want to show you a trade that member in the room took today and We had Sphix, okay, so let's put Sphix same kind of pattern over here. So Sphix You have to know that Yesterday we had a big extension and then we were like holding the support in the 33 So always look the prior days support and resistance and right this morning this flush of the open and Where I want to look for a possible short The first level I will be looking for is the pop again to the one minute seventy-three nine and I have my resistance there have my two EMAs that they're like giving my possible rejection and What I'm looking also I'm looking for a spot where the ass will get soaked Okay, so where we'll absorb a bunch of bidders and Chains is also called shift from long to sell Look over here 957 so this is Italian time Sorry the American time in here. You can see that on in time. So once this Gets to the top over here. Okay, so over the 89 below the 72 We're exactly over here And you can see one thing we can see this pushing up getting down pushing down on the support and over here Exactly into this level. You see I use resistance cane in that moment Here starts to stack this 33 so exactly over here and that gives you the confirmation for your short So you can play basically this rejection in the 3280 risking this 33 and Then you will trail accordingly to the tape to your system and look for these pre-market lows over here So this is how it helps you spotting The low-risk entry, okay, don't enter Frontside wait for the back side rejection with pretty big resistance overhead So this is how to play rejection resistant plays into mid and big caps over here, so Let's look Small caps this morning guys PIVM Jay trader, I have one Question here on the EMAs. Sure. What were the EMAs that you're looking at there? So I look at the 72 EMA and 89 because there are expansion Fibonacci EMAs This is part of the system that I share with the members in the room And also there are like a lot of free videos on my YouTube page Okay, great. Thank you in this example is a Short of a guy in the room Using that one minute seventy-nine using that book map for confirmation and looking for more downside over here Okay, let's move to PIVM so PIVM this morning had a fluff news Pretty beaten down stock on the daily I had a pretty high conviction here that this was going to push down so Early around 7730 a Friend in the room started saying Institutional are pushing down this stock Because what happens over here? This is PIVM that moved from 140 high of pre-market till 106 So over here This is still pre-market around 715 730. You can see this big orange lines and first we have Some Institutional here at 140 then 135 then 30 more size of 132 And you see how he's bringing down the stock and it's basically here on the left on the chart this zone over here So if you then Make your digging into the filings look also the news you can start looking What this chart what this talk? Wants to do. This is the same setup. We saw on a design on CODX on Jivo so pop and fades I was looking at open this 130 And over here Let me zoom it for you Okay, this was the open. Okay, so price came down 124 and then pushed into 130 over here and you can see on the s some big 128 129 130 stuffed Also pre-market resistance over here. The risk was basically this 140 so the high of the day And from here when I start like putting 129 I said to the members the room take this short because this will be a very good All-day fader and from here from that 130 we started seeing first institutional here Then putting huge Size over here. You can see the 124 125 how they are stacked and Then starting to push down here in the 118 116 and Support into the 105 So this is how institutional push down your stock and help you determine the entry so you can see now just to to share some Some trades of the members But it was the same plan I explained over here and this Big heat map over here This was what gave me the confirmation too short plus my setup over here that We spoke about so this 130 the soak Adding going for the target was looking the target from the pre-market here 105 110 So this is how you play an all-day fade using book map on institutional pushing down. I Want to show you also today T e um So this is a former runner stock guys It's a low float this loves to be manipulated This morning We had a push out of the gate and you can see over here With book map here 830 push out of the gate When this started to become Tratable for me. I was looking to short this more than too long, but I want to shore with a low risk I started seeing this Over under five if you trade also short You must know that This is a pattern that you see often a breakout of five of the whole dollar number in this case five And then on high volume a breakdown. So giving like over under And it's basically on book map this over here over five below five And then basically started doing A stuff move into the 495 here here And when the price got over here the third time so one two and three I said this 490 Is the place where i'm looking to short Risking or 495. So this big resistance sheet map Or this five So you can see that this is just a intraday rejection trading and from there Move to the v-wap and to the first target my 7289 EMA And this is a setup that you will see often it often occurs in extension of the gate Stuff and soak it over here and look how many times this gets soaked and rejected from the 70 Sorry from the heat map over here Another thing you have to look for Okay, let's look at like this So the price in this moment is 490. Okay And above Let's calculate 10 cents So 490 till five. This is all your ask You have a cumulative volume of one one on the 16 000 shares on the On selling For the 10 cents below you have 15 000 Okay, so it's like 9 10 times more Okay off Your Selling so selling here prevails against Who wants to buy and this is called imbalance? Okay, because you will see a lot of more Traders want to sell this instead to buy and therefore This unloading bits gets cured and everybody runs away and you have this flush So the last one today GLBS So this is an intraday move that often You can find GLBS this these days pretty Manipulated and today was pretty illiquid here to trade low volatility and low liquidity So basically move from this 660 670 area down to the 610 620 What I want to show you over here is How a bounce support? Okay, so a bounce from support does not work In this case, you have a big eat map over here. Okay, so you may think that This Area is the area where you want to buy on the support Looking for this to push up but effect is that This support is not stacked of buyers You can see over here that you have 1000 5000 100. There's not like 20 25 000 shears here that if you long They give you the possibility to get out with a little loss of scratch Right away. This is like Broke and we have a flush So always look the size of your bid if this bid can hold your long can protect you So Other examples right now. First of all I'm gonna Okay, so let's look at dcix This happened on the 5th of March Sorry dss Okay So this is an extension out of the gate morning gap everybody Shorts below view have shorts here at open is trapped And then when it reclaims my two emas on the one we have this big push out of the gate And if you're looking to To short this There's only One possible scenario here that you're looking too short so Over here price gets to this level two whole dollar number And you can see a first push with rejection over here Under you can see a pretty big volume Let's do like this And then you see a second push Into this zone and you can see over here the second push And then you can see again a third push So the same thing you saw on te Um today so three times rejection of that area With here a big let me see if I can Show you the all okay. I think like this is better Three times getting Into this big heat map over here You see the amount of resistance that we have at 199 and 2 So that too tells me that a Bounce of sellers are stacked over there And when this starts to fall Over here in the 195 190s. This is your short with a possible stop just above this two. So Very small risk I always look for the first target my two EMAs over here Giving you four times or three times that return Compared to what you risk. So we have three to four hours over here And that is a soak play. So this big round Dot here is a soak Into the resistance off the day Same pattern over here On I'm sorry Jay trader. If you could go back to that one and Maybe there's some tools in go-to webinar. I wasn't sure exactly where you're pointing to And the soak. I believe it's the One one 35 or 155 level or something. Is that right? The soak here into the two dollar 198 Two dollar area over here. So over here Okay, okay up at the top there Exactly. This is the soak. Okay. Let me see if I can Have a guide over here Yep, I see you guys questions and comments on on the difficult to see here. So Okay, I may found this It may only work on images. These images not in the live market, but we'll see. Okay. Like this maybe is better right Let me see Like this guys, I think you can see better I don't see what you're pointing to With this, ah, there you go. Yeah, now I see it You should see this right? Yes Okay, so we use this Okay, so another example over here. Oh, well that remains under let me see Okay, so this is Dss so this is jmu. Sorry Let's do like this jmu Always on the fifth March So over here You can see guys Let's do for one second like this Over here guys, you can see a second day so first day big move over here So you can see Price get extended and second day. We have a push and then fail So when I look at a second day, I have my a system where I Look basically for a push Into the one minute seventy thirty nine Over under and fail. So this zone over here Bruce you're seeing this right? No, I don't I'm sorry. I was answering a question. Uh, if if you could circle again, maybe Okay, this one here. Ah, yes, I see it. I see it. Yeah on the candlestick chart Yes, I'm looking for a push above and under this seventy two eighty nine. So this gives me The confirmation of a trade And what I'm looking on book map over here. So this zone over here Basically, uh rejection of this uz map over here Uh, 30 000 shares at three that 297 here 295 They gave me the entry signal To short this on rejection. So using my setup Plus book map gives me confirmation For then all the possible fade and all the possible fade over here So let's look more guys so this is mcrb So mcrb was a A pump move in the prior days This was on the 11th of march So let's put Okay so morning price front side over here Gets a top into the 840 And still if we see our book map, we have institutional here holding the price and pushing institutional here holding price and pushing And institutional here holding price and pushing, but still I don't have the Set up for going short When I see over here, we have basically This kind of push Into the resistance rejection over here And then Starts fading And look what you have basically over here. You have the first Resistance here in the a20 so exactly Into this area. Okay The first resistance here that tells me that a huge amount of sellers are placed over here So basically an institutional selling over here And what is your entry all these paths that you will see over here? Risking this zone Is your short? And first target over here the one minute 70 to 89 Okay, so this is a push into the resistance Heatmap gives you here confirmation and this all the way down Let's look Bound support now AXGT I'm sorry j trader on if we can go back to that maybe that previous image for a moment. There's a question here on Your target on that Okay Let's put Again the stock over here Okay, whenever I see a pump Let's put this so you can see better So whenever I see a pump like MCRB and I'm trading this rejection of the eyes plus Book map over here. My first target is not a V web But my two EMAs 70 to 89 on the one minute start And you will see the majority of these pumps that We have from chat rooms They tend to get the first signal over here Then sometimes you'll see this push back up or back down As I said, I put a lot of free video content In my youtube room explaining this pattern over here Can I move forward bruce? Yeah, perfect. Thank you So let's look AXGT This is the reverse pattern over here. So AXGT. We're talking about the 11th of march So you can see this last two weeks these last two weeks how many Stocks small caps we had So Let me put it a little bit bigger over here Okay So first of all guys price opens We have a dip over here Into the 190 and you can see This one nine over here is the bottom here of this wick Of this first one minute bar What happens over here on the Book map So you're looking at the tape so times and sales and level two And you start seeing that into the 190 you can see down here on the bottom right We have a huge amount of bidders Okay, so we have 518,000 here on the on the bid And what happens all the small retailers? When they see this who is sure starts covering Who is looking for long jumps in? Here here here just in front of this big support that is still not tested to get a fill And then possibly look for all this long So in this case A Book map gives you an anticipation A possible inversion of the trend to push all this up and this is a long from the 195 196 All the way up till the 240 is over here And again when the price gets to this high you can see here On the candlestick chart this 240 We are into the Prior pre-market resistance to 40 to 50 Look what's on the heat map over here Too big resistance stacked over here in the 245 and 250 Giving you the possibility to start scaling in Looking for a wash and if you look the wash, where's the first target? One minute 70 29 over here. Perfect. Perfect. Perfect dip Second time over here again on the candlestick chart on this stuff Fake out of this 230 245 again First target one minute 70 29 Okay, so this is A very good bounce of the support Using book map for confirmation And short into the resistance risk in pre-market highs On the same day, I want to show you Let me put This one over here So how to see many people ask me how to see a soak How to see A stuff Okay, we're going to cover this right away So over here you see the price on the candlestick chart breaking the Prior resistance here prior push in the 245 Sorry 240s over here And over here Exactly On a book map you can see A fake breakout Of the 240 A big soak Into this zone, which is the high volume resistance area. Okay, you can see this even using a A normal level two that this 246 225 was that but what book map is better into this and it gives you all these other levels Above to see where We have stacks. So we have stacked not only the 245 246. We have 249 250 255 Giving us a huge amount of sellers into this high resistance. And what about shorting into the Prior pre-market resistance level With a small stop because basically reason you're risking five ten cents again Going for a wash into the 220 two dollar area And this was a ax gt guys So questions on this bruce No, not at the moment Okay, so I will move Forward with the examples over here tnxp Let's talk about institutional trading tnxp this stock of the 11th Oh, sorry. No of the 8th of march. Let's see should be the eight 11th of march. Okay So tnxp second day play first day guys We had this big Extension into the 420 fail and then pre-market again push into the 420 area Let me enlarge a little bit of screenshot over here Okay, so remember this 420 over here is the high of the prior day Opens over here. I'm on the candlestick chart price opens gets an extension Into the 410 415 area over here So we know two things The 414 is the high of that day And the 420 is the high of the prior day In this chart we traded short in room from 4 and 390 When this starts to come back down This is a fail like we saw before of the whole dollar number. So giving a short at 4 And adding in the money at 390 On that moment in that moment over here on book map. I was looking The big heat map Putting a resistance here in the 484 10 Pushing it down over here where you see number two So giving a huge amount of selling over here and you can see How big this seller at 4 was Then pushed down to 380 again Another big institutional play Pushing down the stock and this 380 number three here is this one over here And you can see how big this flush is And where will be my target? Over here on the candlestick chart The first two EMAs 729 on the one-minute chart and you can see over here again number four Another big resistance a number five so Five times over here in this direction institutional brings down the stock And this year have to be very precise Ready at open to see the soak and stuff over here in the 420 area. Okay, so here at open And you have to be able to spot through the tape and through book map on your side Right away how the institutional wants to top it and push it down That's why I was looking for this four Whole dollar number over here to fail. So fail push as I usually call in the room Uh guided member live here to short at 4 and 390 risking this four tens Looking for 350. So having five r of return on this trade Let's look more about TNXP So here I put Here are just the same Entry the same pattern but with the zoom So when it opens over here into the 390 391 We have this push. Okay, and here pushes right away out of the gate into the 410 And then a secondary push again into the 410 411 And you can see this zone over here Okay, look on the right of your chart You have basically 190,000 off Big sellers over here stacked on the s and you have basically nothing here on the bid so you can see From 380 what you have 20,000. So almost no bidders over here. Nobody that wants to buy this stock plenty of bag holders that want to Get out from the stock pushing it down more with the institution that we spoke before another thing of this chart so if you look here on Book map you see these numbers 2004 over here 10,000 10,000 over here And so on 1911 So these are called iceberg orders. So these are the orders that Are not present on the book and pass directly to the markets so You can see what over here somebody Had an iceberg order for 1004 but mostly here They probably covered 10,000. This is not a buy cover 10,000 reshort 10,000 Reshort it 12,000 And cover almost 20,000 So this gives you a possible idea of when some big seller Okay, is jumping in in this case jumped in short covered We jumped in short Out over here and maybe out using the book So this is how to look for iceberg orders. There's some pretty good videos book map made into the YouTube Video section I want to look the the last thing over here So we'll go over One of the best stocks See, okay, so I prepared this for you guys This was FT and W FT and W Exactly on the 26th of February Okay All right So huge gap over here from one pre-market high 380 385 And then what happens with the open? push All the way up till 440 over here right here Let's start from this. Okay, I found one now Talking about the first rejection so price Start pushing over here and you can see the candlestick Into the vweb here over here 330 And you can see how the price is getting tied over here So you can see this box this gray box here on the left 320 330 and you know that Basically on these big gaps You're looking for the rejection Or I look for the rejection of the 1 minute 39 or of the rejection of the vweb over here But how to be sure or at least to have better odds that this will fail Well, first of all, if you look, this is a descending triangle distribution pattern And then you look over here on book map on the right and you can see how many times 1 over here 2 over here 3 over here 3 lower highs Making a stuff move into the 330 so into that vweb over there and Basically pushing down each time giving you this 325 area. So exactly over here A possibility to enter short with the risk just above the vweb this 330 340 340 resistance And you can see in a first moment How institutional try to push the stock so you can see here The first institutional hold 2nd one over here 3rd one over here And this Stars instead to get lower. You see getting lower Getting lower and getting lower. So here you have your front side Here you have back side While at the same moment you have also lower highs into the heat map resistance First heat map over here 2nd one over here 3rd and wind air and pushing it down Now, let's look at the second chart On ft and w Over here So this is what we saw before the first second 3rd lower high And you can see how each lower high over here has also Less buyers Look at the volume over here Into the candlestick chart. You can see the Bars under of the volume That are Diminishing over here. Okay, you can see they're decreasing giving you like The confirmation that we have no more bids Involved into the section no more bids to push this to the upside And when it start cracking over here Right the way you have a first crack here in the heat map and then crack the support in a big wash Target 2 angie may on the one Okay, guys. So this is how to look for interday rejections Use hit map to give you confirmation of your trade So any questions bruce Yeah, a bunch of questions. I've been busy typing away here But first off j trader. This is fantastic Really very clear very straightforward Very simple and effective strategy. You're using here Looking at your higher time frame knowing exactly what you're looking for And then looking to the book Getting the insight on on the order flow the order book and balances the volume and the context there And then just looking for the follow-through And beautiful very clear charts here in book map. Yeah, thank you You're welcome bruce. You're welcome So let me let me get to I'll start from the top here And work my way down. I've been if I skip your questions guys, please put it back in I'm going to try to find the ones that will say we will I'll ask in a minute here Okay, we went through the EMAs Let's see here Yeah, so a few questions actually on how do you choose your stocks or you know, you're filtering in the morning Okay, I basically Have different type of setups. So according to the setups I have in my background I choose the stocks so I look for Big or mid caps gap down or gap up example like today. We had Roku get pop. Sorry get down We had PDD get down Or we had da these days, you know with these bad news then I look for scanners for big get pop Plays mostly in the small caps. So I look for gap and crap or gap short trap and reclaim of the V-wap and push all to the upside with extensions So generally this and then I look for I run another scan mid-afternoon around 1 32 p.m to look the stocks Most gainers of the day So I'm looking for a possible continuation to the upside into the second day for long Okay Okay, so that answers those questions for you guys. There's a few on that one and then Let's see here Bruce sorry for interrupting one second this only to show you How in the room they're using the system and then looking at also book map to give confirmation of their trades so This is how like we work Okay, and yeah, if you guys are interested in that then I've put into the chat here several times Contact information and his website His email etc. So if you're interested In in more information there You can click on those links Let's see here So do you have a level two for jmu? and looking for The zero k hidden orders are showing or something like this here Not really quite sure what you mean there nick, but you're you're looking for the the iceberg orders. I guess in jmu Obviously those are not going to show in your level two You know they don't show that's the whole thing about You know hidden orders Exactly, so maybe I can answer what to use Besides book map. Well more than level two. I look at the tape So in this case the time is a sales you have even a time is a sales with book map And I need to see what's passing, you know and That gives me the confirmation if a resistance is holding how many Ask Sellers are chipped on that resistance If we have refilling of that ask and if that axe is holding and it's going to push back down and reject the stock Okay, excellent Question on which timeframes do you prefer? Um good question according to the setups if I look for mid-bass caps, I tend to look at One But mostly three-minute chart for my patterns if I look at small caps I tend to look mostly at the one in five minutes are for the first day trades like let's say PAVM today, or if I look at second day or third day trades like BP th Um GLBS then I look at the three-minute chart just because I have different patterns for each setup Okay And let's see here Okay, a few more questions coming in as well Just also I may add one thing Sorry bruce. Uh, I always look at a chart at least Besides a daily On a five-minute chart for at least the 10 to 15 prior days So I want to see basically the prior Resistance and support in those 15 prior days and how the volume was example if you take BP th these last Weeks you can see when it has big high volume when it has low volume when it has dead cat bounce possibility Or when it's going to fade Okay Um, and let's see here. You're asking ask a few questions about which broker do you use and it looks like a thinkorswim Was the answer on that? No, I use thinkorswim mainly for charting software I am now also Working with trader equity prop firm Very good borrows Cheap borrows and you pay them only if you use them very reliable prop firm Also some other good brokers around But I find this quite reliable and I would suggest you to go for it Okay, excellent and Let's see here. Kyle your question here is about some of the data packages Using book map. I can answer that for you And I'll get to that in just a minute here and let's see here Would this also work for swing trades and or do you take swing trades or you know higher time frame trades? I like to take swing trades mainly for Options so when I like to Short example Netflix for a couple of days I look options swing or if I short Small caps I generally look for also them for sure like a big all-day fader can be jivo two or three days I have my daily targets on the On the on the stock plan then I go for it with a swing But I generally take off at least two thirds Of my trade the same day I start and then I swing only one four two one third to one four to the Remaining sides Okay, all right. Excellent. Okay, Kyle your question on different book map versions here Yeah, the book map global plus what that includes is Our proprietary indicator package like the iceberg detector That joseph was showing here Is as well as a bunch of other things as well as trading from the from the book map chart And but the heat map the volume Everything else that you're seeing here is part of the global version. Okay, so it's up to you if you want that indicator package or not and and then If you're if you are interested in that then I would recommend Looking in the chat there and clicking on that link Because you know through joseph as a partner he can offer you that that special Special deals there and you'll get a discount on the the global plus so you can check it out basically for free Okay Yeah, the global plus is the one that has the iceberg. That's one one of the add-ons There's some order book and balances A correlation tracker, which is really nice for the equities as well. And then the Another one, which is the large lot tracker, which is really helpful in the order book It shows you larger players holding, you know, the majority of that liquidity And as joseph is going over these examples here in the stocks You can see how clean these look The larger players really stick out like sore thumbs here It's just the the markets are a little thinner Compared to like the futures therefore, I mean you see 20 000 shares like this and they just show up so, you know vibrantly here It's a nice advantage looking at the equities in bookmap. I think that's my opinion I would suggest to go for the full version because Those features that maybe, you know, you will pay a little bit more for the full version You will get yourself paid back from from how they help you with the market Okay Excellent, let's see what time of the day you trade this way Yeah, so well, it looks like it's the open You're mostly looking at these and most of these examples have been in the open. Is that correct joseph or yes? I start 7 a.m. In the morning pre-market room starts early digging into the news filings and I like to start sometimes pre-market if I have a big Forecast as an all-day feeder or for a possible extension of the open And I trade the majority of size in the first 60 to 90 minutes out of the gate Then almost nothing midday and if I have any kind of pattern for an all-day feeder or a possible A long consolidation breakout into the afternoon I may look too long or too short after 1 32 p.m Okay Any more questions we've been going about an hour now And last minute questions here. We'll give you just a minute and Else again, I mean really clear Stuff joseph fantastic. So I can't wait to thank you very much news and also always great to be here with you Yeah, I can't wait to post this for recording. So we'll post it later today Oh, one more question. Nick has been asking three times now If if you maybe can show in the live market at netflix and he's he's looking at 9 54 a.m Eastern time Okay, I had netflix every day with me one of my Best stocks this I I got it from Working with Smash the bid smash very good trader So what time he was looking for 10 54 eastern time Okay, 10 54. Let's look over here 10 54 I'm sorry. I'm sorry 9 54. Sorry about that. Okay 9 54 so Over here. Okay. So let's put netflix Somebody was playing this rejection of resistance. I suppose 366 Let's just see 954 Okay, so here we have let me put also this Okay, so we can see better So 954 We have this resistance here Let me see is this the right stock. No, I'm I'm messing up something Not the correct day just one second. Okay So 954 push out of the gay into pre-market resistance and this was the first resistance that we broke and the second one 357 so this resistance that Rejected on lower highs. So what was the question Bruce Yeah, I I don't know Just to look at it at that time. I just to look at it. Okay. Okay. I understand I I'm wondering if if there was any hidden orders up there. I guess Let me see I don't see any kind of big you can I have my Heat map over here. Sorry iceberg set for big caps and then one set because you can change the Parameters even the dots for the small caps You may want to play with The the setups to see what works better for you Okay Yeah, I don't see any up there At the moment nick so There you go, but yeah, you can see it just came short of that High liquidity up there and just it basically exhausted out there Exactly and and fell back down Below his his his first x there and you can see that's where the sellers really picked it up and drove it lower but the Just another request if we could take a look at maybe the live market for for netflix and then Then I think we'll wrap it up here Okay, guys in the in the meantime, I've put this into the chat. Oh god. I don't know maybe 10 times now For those of coming in late if you want to contact j-trader you have his contact information there Okay, this is what's happening In the last one hour here one hour and a half Basically, you can see one thing guys and this really helps a lot So when you have a one minute chart on three minutes are sometimes you cannot see Each dip and you can see one thing over here Each time is a higher low over here Each time is a higher low So this is a trend up that tells you not to short yet because this is front-size still Okay All right, excellent. Um I think that that wraps it up. Um, thank you very much j-trader. It was an excellent presentation Thank you very much bruce and thank you very much book map. Yeah, we'll we'll do it again. Uh, and Thanks guys for coming. Look for this on youtube on the front page there under Pro trader webinar series probably in about another hour or so. We'll have it up there. Okay Everyone have a good day. Thanks again j-trader excellent presentation Thank you book map and thank you bruce. Have a good day through brother. Okay. All right. Take care. Bye. Bye


Hello everybody, welcome back. So my name is Andrea and I'm going to talk to you guys about starting your own dental hygiene business. So whether it be a mobile dental hygiene business where you're going into people's homes, or they're coming into your home so I don't have any experience opening up my own physical practice location so I didn't buy a building space somewhere or rent a building space so I don't have experience with that. But all in all what I'm going to teach you guys is how to set up your own dental hygiene business and how to succeed at it. So that's the main thing. It's one thing to start a business but if you're trying to learn to start a business from somebody who's not successful at it, there's no point because they haven't figured out how to be successful themselves. It doesn't make sense to learn from somebody like that and then try to be successful on your own. The best thing we can do as business owners as entrepreneurs is learn from somebody more successful than we are. There are more successful dental hygienists than I am and I'm constantly learning from them. But we all have to start somewhere and I'm going to teach you guys how to be successful at it in one year's time because that's how long it took me to truly be successful in my business. Now how do you measure success? I measure it by being full, having a full schedule of patience. That to me is successful. Successful to me is having a schedule full as I said, but also making a profit. Ask any business out there. The first two years is when you typically do not make a profit because there's a lot of expenses, which is normal for a new business. You have to spend money to make money. But I did it making a profit. So I was not in the red, if you will. I was in the green and I made a large profit. I'm not just talking, making a profit of $1,000 after taxes, but I did very, very well and I continue to do better per month. We're in a pandemic right now and I can happily say knock on wood, my business is better than ever. So I want to teach you guys how to do that. So stay tuned, watch the videos. I'm going to teach you guys step by step what to do literally step one and that is the thinking about starting your business phase. I'm going to talk to you about that. I share my real life experiences starting a business from just simply thinking about it. I hit so many roadblocks just thinking and thinking about it, because nobody else was a mobile hygienist in my area. I would do a search for mobile dental hygiene and find nobody. I would look on Facebook, Instagram, Google. I maybe found one person, but it was no help. I talked about more about that later on. But that's where I hit roadblocks was okay, I can't talk to anybody with experience. Nobody knows what mobile dental hygiene is, but I know there's a need for it. I would go to dental supply companies and talk to them. And they would basically say, okay, we're not used to dealing with a mobile dental hygienist. This is how much things are, we're talking tens of thousands of dollars. And I'd be saying, okay, I'm not a dentist with, you know, a staff of 50. I'm going to be one person, but I do need the same things that dentists have such as a sterilizer, masks, gloves. I was looking at a cavatron, the ultrasonic, you know, scalars. I was looking at instruments. I was looking at a compressor unit to travel mobile with me and that has the air, the water, the suction. I'm a restorative dental hygienist. So I needed a slow speed hand-peach attachment, plus a high speed hand-piece attachment. I was looking for all of that. I'm not that big, so I needed things that were portable. And that's another thing that I talk about. I talk about what I bought from Amazon that was so much cheaper and the best, you know, talking from mobile dental chairs, talking about dental materials. I talk about all of that. And then what you really do have to spend the money for dental supply-wise. The rule of thumb is anything that goes inside the mouth, you cannot buy from Amazon because we need it to be regulated, you know, because it's going inside somebody's mouth. But a portable dental chair, I bought off Amazon. So much cheaper and it's a good one. It's light. I can carry it and it does the job. So I talk about all of that. I talk about checklists too. So checklists that you can check off as you go forward. Well, you need a business loan. I did. I took out, I believe it was a $25,000 business loan. I took that out. But how do you do that? Do you do that first? Do you do that before or after a business plan? I talk about all of that. So if you want to send treatment electronically, let's talk about dental softwares. Let's talk about insurance companies. I go through all of that because it can be very overwhelming. I know it was for me. I did it the hard way by doing it all myself. But now I feel like a pro because now that I have it done, I can tell you guys how to do it the easy way or the hard way. What I did wrong because I made mistakes, you will always make mistakes as you go along. I did right. So I talk about that, of course. I talk about dental supplies that I didn't really need and that were truly a waste of money. But then I talk about dental supplies that I should have ordered so much more of because when I needed them, they were out of stock and I couldn't necessarily work until I got them. I talk about things that I realized were more important to me when I started seeing clients and patients. I talk about handling accounts, booking appointments, how to deal with difficult clients, how to deal with clients that do not pay you right away, how to deal with all of that. So I do have experience as a dental professional since 2005. I had to think about that. I was a receptionist for a dental office. So I dealt a lot with booking, handling appointments, insurance companies. I was a dental assistant as well. So I have done chair side paperwork, predeterminations, estimates. I am, of course, a dental hygienist. But then I also became a restorative dental hygienist. So I can do things chair side that a dental hygienist cannot do unless you have that restorative specialty. So I can do temporary fillings. I can cement temporary crowns. There's a long list, but that really helps me in my mobile practice. Now, let me say, depending on where you live, you need to look into this yourself. Not all areas allow dental hygienists to open up their own practice. So please do your homework that way and find out if you are allowed to. As an example, in Ontario, we are allowed to, but we need to have another specialty. We need to become an independent dental hygienist. I had to think about the term there, independent dental hygienist that is self initiating. Okay, so we cannot have our own practice unless we're a self initiating dental hygienist. We need to take a course in order to do that. Unless you've been working for a certain amount of hours, then you can just do it, but they do suggest a certain course. You need to be a part of the Canadian Dental Hygienist Association if you want to send things electronically to insurance companies. So there's kind of little things like that that you do have to know. If you live first, and then there's also applying for your master business license, but don't be confused.  I go through all of this step by step with you. So, you know, this is going to be fun. So stay tuned for the videos. I'm doing these videos because I've been getting a lot of emails lately of how to start your own dental hygiene business. I've been doing this because I've been doing more advertising lately. People are paying attention. I think that's great. There's no such thing as bad competition. I want there to be more mobile dental hygienists out there. I want there to be dental hygienists who see patients in their own home, in a room, in their home. Patients don't necessarily want to go to a cold sterile dental office that smells like a dental office. They want to support you. If hairstylists can have a business in their own home, why can't we?  So we can offer this amazing service. I'm going to teach you guys how to do that and be successful at it. I cannot stress the word success enough because you can learn how to start your own business forever. But if you're not successful, it's going to be a waste of money and nobody wants to do that, right? Nobody wants to waste their money. The best part, which I don't even think I've said yet, is the expenses to start the business isn't bad. As I mentioned, I took out, I believe it was $25,000 business loan, but I also purchased the best of the best. Okay, you guys, I'm going to teach you guys how if you don't have that kind of money, if you can't take a loan out of that size, which isn't really that much. If you were to think about it, if you were to open up your own dental hygiene practice, renting a building somewhere, it would be a lot more than that. So I teach you guys all of that. So stay tuned, you guys. Thank you for listening. I'll talk to you guys very soon.