Climate change is real and Sustainable Development Goal 13 calls for taking urgent action to combat this environmental crisis and its devastating impacts. Equally concerning is that not everyone in St Lucia and the wider world is on the same page in this climate conversation and actions taken at the United Nations Climate Change Conference. Let's clear up some myths and misconceptions about climate change, particularly in the St Lucia context. Myth number one. St Lucia is wasting its time trying to fix climate change. Neither land or population size of island nations like St Lucia reflect their significance as environmental stewards. Climate change means that alarming shifts in temperatures and weather patterns over a long period are being registered on this planet because of human activity, especially fossil fuel burning for generating electricity, powering vehicles and industrial processes. Compared to larger nations, St Lucia and other small island developing states or seeds emit negligible levels of greenhouse gases, but we are certainly paying the greatest price, suffering the effects of resultant climate change. We are experiencing temperature and sea level rise and increasingly more severe storms and other weather phenomena. Consequently, we are losing our homes, roots and other infrastructure. Our lives and our livelihoods are at risk. This puts us on the frontline of climate change. This is why St Lucia and other small island developing states must have an allied presence in international diplomatic spaces like the annual conference of the parties otherwise known as COP. This is critical in international climate negotiations where every single decision is made by consensus. As seeds, we have been able to amplify our voices by working collaboratively and taking on unified positions. St Lucia is part of a 39-country coalition called AOSIS, Alliance of Small Island States from the Caribbean, Pacific, African, Indian and South China Sea. Individually, our political leverage is limited, but we have proven that there is strength in numbers to successfully negotiate for bold and ambitious measures to address the climate crisis and challenge larger nations to do more with the scale and urgency required. But first, we need to show up and be counted. Myth number two, climate change is not an important issue for St Lucia. Is this true? Since the negotiations that led to the United Nations Framework Convention on Climate Change begun, one group has been particularly active and vocal, the small island developing states, including St Lucia. This is because we are particularly vulnerable to climate change impacts, which will reach crisis levels if no appropriate action is taken. One study predicts that the cost of inaction to climate change for St Lucia is at least 12.1% of the country's gross domestic product by 2025, rising to 24.5% by 2050 and 49.1% by 2100. Temperature and sea level rise and increasingly severe storms are threats that are already having far-reaching and cross-cutting negative impacts on our way of life. In particular, excessive rainfall and flooding and blustering winds from these stronger weather systems are causing loss of life and undermining our homes, schools, health facilities, roads and other important infrastructure, compromising our economy with every passage. An increase in mosquito-borne illnesses like dengue and chicken gunia is a climate change-related threat as the change in the environment is accommodating to longer breeding seasons and increased hatch rates of mosquito populations. Climate change projections can even disrupt St Lucia's food availability and quality as changes in rain patterns, temperatures and weather events may result in reduced agricultural productivity. Tourism, St Lucia's primary economic driver generating income, employment, investment and exports is climate dependent.  Myth 3, small island development states such as St Lucia don't benefit from participating in international climate conferences such as COMP. The value of regional and international climate change treaties such as the United Nations Framework Convention on Climate Change, UNFCCC, the Paris Agreement and their associated negotiation processes cannot be overstated. Through the negotiation process, St Lucia benefits significantly from international climate funds such as the Global Environment Facility GCF, the Adaptation Fund AF and the Green Climate Fund GCF among others. These support entities have enabled St Lucia to undertake several different activities or projects designed to help the country address the adverse effects of climate change while meeting its reporting obligations, building capacity and raising awareness on different aspects of climate change. St Lucia is currently the beneficiary of an almost 10 million US dollar project from the Adaptation Fund that seeks to build resilience of the agricultural sector to climate change, supporting farmers and livelihoods and contributing to food security. For more information on Climate Change and the UN Climate Change Conference, please follow our Facebook page, Department of Sustainable Development St Lucia, to get updates on the COMP 27 negotiations from November 6 to 18 2022. You may also contact the Department of Sustainable Development at 468-5833.


I forgot to ask before, but why is it that you and your friends are here in Chile looking at the stars and not somewhere else? Is it a good spot for looking at the stars? Ah, good question. Yes, where you put telescopes is quite important. To make sure you can get the best pictures of the night sky, you need to put the telescopes in places with the best conditions. So what makes it a good place for telescopes? Well, I'll show you. Dad, I can't see any stars. Yeah, it's too cloudy here. Exactly. It is too cloudy. We can't see the stars if it's too cloudy, so we've got to pick a place where the sky is nice and clear. OK, that makes sense. Obviously, here is no good either. At least for us telescopes. Fun for bears to splash around in, though. Lots of fun, but still no good for taking star pictures, though. Oh, it's very windy here. Careful, little bear. Yes, it is very windy, which isn't so good for you bears, but also isn't good for telescopes. We end up wobbling about a lot, so we can't take any good pictures. And if it's too windy, we might get hurt. Oh no! Definitely no good for telescopes. Also, can you see the stars twinkling? The wind makes them look like they're twinkling. That's because the air is moving around a lot, so it makes the star look like it's wobbling around. This isn't great for taking pictures with, because it makes the stars look blurry. I didn't know that's why the stars look twinkling. Oh, it's a city. Are cities not good places for seeing the night sky? Well, have a look at the sky and see what you think. Oh, I can't see many stars. Exactly. The city with all its lights makes it hard to see lots of stars. The lights are bright, making the sky lighter, so you can't see the stars so well. This makes it a bad place for taking pictures of stars. So this is why we live in places like this, away from cities and in places with dry weather and not much wind. Yeah, I can see the stars much better here. So many stars.


The City of Columbia Public Works Department is going to conduct open interviews within the department. We're going to have several positions we're actually interviewing for. One of them will be maintenance assistance for solid waste. It will be tree tremors for our forestry and beautification division, kennel workers for our animal services division, and we're going to do some equipment operator positions, equipment operator seniors, and equipment operator leads for our street division. So if you've got a driver's license, you've got a commercial driver's license, come down and interview Columbia. It's a great place to work. We'd love to see you next Wednesday from 9 to 11.


Please be seated. The honorary degree citation for President Reagan will be read by the Honorable Jean J. Kirkpatrick, former US representative to the United Nations, and Levy Professor in the Department of Government at Georgetown. Ronald Wilson Reagan, 40th President of the United States believes the American dream because he has lived it. Born above a store in Tampico, Illinois, in the course of a long life, Ronald Reagan has been Democrat and Republican, Union President and businessman, new dealer and free marketer, each in its season. He has lived in the Midwest and the West and the East. He has been hard up and well off. He has worked variously as sportscaster, movie and TV actor, rancher, commentator, and governor of California. Like Walt Whitman, he has heard America singing its varied carols. From this diverse experience, he forged a philosophy that is optimistic, universalistic, internationalist, and 20th century American. At its core is faith in the free individual. Throughout his presidency, Ronald Reagan has worked with strength and candor against what he termed the two great threats to life in this century, nuclear war and totalitarian rule. Though it is rarely possible to determine definitively what causes what in history, it cannot be denied that totalitarian controls have been loosened and that the threat of nuclear war and great power confrontation has significantly receded during the years Ronald Reagan has worked at the problem. His friend, the Prime Minister of Great Britain, spoke for many. When earlier this year, she said, you have done the greatest possible service, not only to your own people, but to free people everywhere. You have restored faith in the American dream, a dream of boundless opportunity built on enterprise, individual effort, and personal generosity. When we compare the mood of confidence and opportunity in the West today with the mood when you took office in 1980, we know that a greater change has taken place than ever we could have imagined. In honor of your great work for freedom and for peace, Georgetown University, with great pride and admiration, proclaims Ronald Wilson Reagan, Doctor of Humane Letters, honoris causa. By virtue of the authority vested in me by the Congress of the United States and by the Board of Directors of Georgetown University, I hereby officially confer upon Ronald W. Reagan the degree of Doctor of Humane Letters honoris causa. Ladies and gentlemen, it is now my pleasure to present to you Georgetown's newest alumnus, the President of the United States. It is indeed a great privilege in these, the closing days of my service in Washington to receive an honor such as this and a welcome such as the one that you've just given me puts me in the mind of a story about a remarkable man, a classic scholar, a scientist, a humanitarian who once received an honorary degree from a great institution of higher learning. The fellow introducing him said, we are about to hear from a great man, a noble man, a man of courage, a man of honor, yes, a man to whom the entire world owes a debt of gratitude. The man rose from his chair and took the podium, as I just did, and the crowd cheered. And he looked out at the audience and then he turned back to the other fellow and said, how come you didn't tell him about how humble and modest I am? Well, unlike him, the greeting you've just given me really does make me feel modest and humble. And so does the degree you've bestowed upon me today. It certainly would have pleased my blessed mother. She always wanted me to be a doctor. But it also means a great deal to me. We're celebrating the bicentennial of Georgetown University. I have a great affection for Georgetown. After all, it's one of the few things in this country that are older than I am. In the year that Georgetown first came to be, the political system designed by our Constitution was inaugurated as well and our first president was chosen. Georgetown is the oldest Catholic university in this country. And the political system of the United States has been the world's most stable over the course of the past two centuries. But only in the eyes of men are they old. In the eyes of God, these past two centuries have been but the briefest moment in the onrush of time whose meaning is truly known to him alone. I would hope that he would be pleased with America and Georgetown and would view both with the special fondness and perhaps the occasional exasperation that any precocious child invokes in his father. But the truth is, both Georgetown and these United States are in their infancy, experiments that test what is best and noblest in us. There was reason to imagine that the American experiment could not last and that there were moments when men of good will thought the experiment was doomed, as during those tragic civil war years when American fought against America and tore this country asunder so that it could be reassembled as a freer and better place. There have been other experiments as well during these centuries, terrible, awful experiments that demonstrate just how unyielding is God's commitment to the covenant he made with Abraham. For there must have been times in the showers of Treblinka or on the killing fields of Cambodia or in the forest of Kettin where men and women in their anguish and despair must have expected that the great flood would once again sweep away the sinning nations. Or they might have been seized with the same sentiment as the poet Yeats when haunted by the sight of a world in which the best lack all conviction while the worst are full of passionate intensity. Surely Yeats wrote some revolution, revelation I should say is at hand, surely the second coming is at hand. Well, yesterday we commemorated a dark day in the course of our century, the 50th anniversary of the signing of the Munich pact. And this day, 50 years ago, Prime Minister Neville Chamberlain returned to Britain and proclaimed that he had brought peace in our time. And 11 months later, Nazi Germany invaded Poland, hurling that nation into a nightmare from what it has yet to awake and throwing the world into war. And yet just at the very moments that the worst seemed destined to defeat the best, the best pulled something out of themselves and were not consumed. Three barbaric governments were eliminated and Germany, Italy and Japan became inseparable allies to those whom they had fought only a few years before. And though millions and millions still live under the yoke of communism, they have proved that the human spirit cannot be consumed either. There have been men and women who make us gasp with wonder that the greatness thrust upon them when oppression proved too much to tolerate. I think of the sight of Nathan Sharanski, still in the dominion of his KGB captors, zigzagging his way across the tarmac after they ordered him to walk a straight line from the plane that had carried him to freedom. It was one of those moments when laughter and tears commingle and one does not know when the first leaves off and the second begins. It was a vision of the purest freedom known to man. The freedom of a man whose cause is just and whose faith is his guiding light. At its full flowering, freedom is the first principle of society. This society, Western society, indeed from Abraham to Plato, Aristotle to Aquinas, freedom is the animating principle of Western civilization. Freedom comes in many guises in the noble words of the Declaration of Independence and in the noble souls of people like Sharanski. And yet freedom cannot exist alone. And that's why the theme for your bicentennial is so very apt, learning, faith, and freedom. Each reinforces the others, each makes the others possible. For what are they without each other? Learning is a good thing, but unless it's tempered by faith and a love of freedom, it can be very dangerous indeed. The names of many intellectuals are recorded in the roles of infamy from Robespierre to Lenin to Ho Chi Minh to Palpat. We must never forget that wisdom is impossible without learning, but learning does not, not but the longest measure, bring wisdom. It can also bring evil. What will faith without a respect for learning and an understanding of freedom bring? We've seen the tragedy of untempered faith and the hellish deaths of 14-year-old boys, small hands still wrapped around machine guns on the front lines in Iran. And what will be brought by freedom unaccompanied by learning and faith? The license of Weimar Germany and the decadence of Imperial Rome. Human behavior, untempered by a sense of moral, spiritual, or intellectual limits. The behavior G.K. Chesterton described as, the morbid weakness of always sacrificing the normal to the abnormal. And when freedom is mangled in this way, what George Orwell would have called unfreedom soon follows. So we like to believe and we pray that we'll always be so that America is different, that America's what she is because she is guided by all three, learning, faith, and freedom. Our love of knowledge has made this nation the intellectual and technological center of the world. Our commitment to protecting and preserving the freedoms we enjoy is unshakable. And our faith is what supports us. Tocqueville said it in 1835, and it's as true today as it was then. Despotism may govern without faith, but liberty cannot. Religion is more needed in democratic societies than in any others. Americans know the truth of those words. We still believe in our creator. We still believe in knowledge. We still believe in freedom. We're committed to providing the world with the bounties we enjoy, and we're sickened by those societies that do dishonor to humankind by denying human beings their birthright. We grieve for the millions who have perished even in this decade because their freedoms were denied. And we must not dishonor them by allowing those who follow us on this earth to say those millions died for nothing that we lived in an age of barbarism. No, ladies and gentlemen, I believe that if we hold fast and true to our principles, our time will come to be known as the age of freedom. There are signs, and there are only signs, that suggest the rulers who enslave and victimize the people of the earth are on the ideological defensive. Their claims for the superiority of failed and terrible philosophies are sounding ever more hollow. The societies they designed to be utopias have not, to put it mildly, turned out as planned. To save themselves, those rulers are beginning to cast their eyes toward the democratic societies they used to revile. There are signs, only signs, that these rulers are beginning to understand the secret to our prosperity. We prosper economically only because people are free. Free not only to speak and read and think, but also to create and build and barter and sell. Now we're fast approaching a turning point in the history of this age. It'll determine whether history will deem our time the age of freedom or the age of barbarism. We have been steadfast and unapologetic about our defense of our beliefs and our defense of our societies. We learned the lesson of Munich. When we were told that the time had come to accept Soviet nuclear superiority in Europe, we said we would never accept it. When we were told that the time had come to accept the Soviet dominion over Afghanistan, we said we would never accept it. And when we were told that we had no chance to dislodge Soviet proxies in Angola and Nicaragua, we said we would never accept it. And you all know what has happened. In the last eight years, not an inch of ground has fallen to communism. Indeed, we liberated the island of Grenada from the mere anarchy it had fallen into under communist rule and set it on the road to democracy. And we helped save a country from communism and watched it flower into a democracy in the midst of a civil war, the nation of El Salvador. Yes, at every point on the map that the Soviets have applied pressure, we've done all we can to apply pressure against them. And now we're seeing a sight many believe they would never see in our lifetime. The receding of the tide of totalitarianism.  Contrary to some of the things you've heard, I'm the same man I was when I came to Washington. I believe the same things I believed when I came to Washington. And I think those beliefs have been vindicated by the success of the policies to which we held fast. But now, just at the moment when we're required by history to hold the line, to hold true to our principles, and to apply the lessons of our learning, our faith, and our freedom, some of our most distinguished and thoughtful people have taken a look at the world today and determined that America is in decline. America in decline? Or, well, once said that some ideas were so foolish only intellectuals could believe them. Well, this is perhaps the most foolish idea of the present day. We live in the most prosperous, the freest society the world has ever known. And yet they say we're in decline. We've had almost six years of uninterrupted economic recovery. And yet they say we're in decline. They say we're in decline because they believe we're spread too thin around the globe that our military commitments are too vast and too difficult. And that we suffer from a condition called over-stretch. Over-stretch, we'll consider these truths. In 1955, we spent around 11% of our gross national product on defense. In 1988, around 6%. Not quite enough in my view, but still substantial. Some over-stretch. In 1955, we had more than 3 million Americans in uniform. Today, we have about 2 million Americans in uniform. Some over-stretch. And despite what you've heard, that the Commander-in-Chief assure you of one thing. We have not been accumulating nuclear weapons. In fact, the number of weapons in our nuclear stockpile was maybe a third higher 20 years ago. Today, our weaponry is leaner, more accurate, better equipped to keep the peace by keeping us strong. Some over-stretch. I was given the honor of manning the nation's helm these past eight years, so I think I speak with some authority. When I tell you, ladies and gentlemen, that the United States of America is not in decline. No, America is still young, still full of promise, and ready to fulfill that promise. She has not reached her apex. It's sad to say, but the false prophets of decline have needlessly lost faith at a moment when they should be talking faith. They should be taking faith in the ideas that have led us here, faith in the determination of men to be free, and faith in our destiny, our maker has written for us. And yes, ladies and gentlemen, with all my heart, I believe that this is the age of freedom. I want to thank you all for what you've given me. I want to thank Georgetown University for what she's given all of you. And all I want to say to close is, God bless you all, and may God bless America. Please be seated for a choral presentation from our students.


One of the most common questions I get asked is, you know, how do I start day trading? So what me and my mentor about it for our viewers on YouTube is create a free Mentorship course that reveals our 12 secrets that every single brand new day trader should know before they get started But please take note that there is limited seating every single week So please reserve your spot at my investing club.co link is in the description. All right, enjoy the video This is one that I kind of I kind of had I kind of had to make this one on the fly because I had something else planned for tonight because we were supposed to have a guest but he couldn't make it so We rescheduled and so I kind of had to change what I was gonna do to something else I had something special planned, but we'll do that on the next webinar, which will be on the third Because next Thursday is Thanksgiving. So this is a kind of one I made up on the fly But yeah, it should be in an early night tonight probably like 30 minutes early But we'll make up for it on the next one the next one should be pretty good Anyway, yeah, so let's get started. So today. I want to talk about hesitation because it's something that we all go through and It's something that we all fight and it's you know, it's not always bad and I want to talk about that So we'll get into that later. So yeah, so I did basically on this sock. I was just looking for reactive trades here I wasn't trying to pick a direction on the sock I was just trying to get some scouts off and so like one thing I want to point out with this chart Something to learn here is that these these these trades aren't random You'll notice that these stocks that these reactive trades are all after support breakdowns after big moves or big red moves or resistance breakouts Resistance breakouts after, you know bullish up moves. So like I mean this tank to view up on some volume I felt like I could get a scalp here right and then this kind of this reclaim right here of The tank candle, you know, and then view up like I'm I get a couple scouts off here Try to recycle here and and I bail it because it's stronger of a pullback than I wanted You know, we break over this $6 level And I put a buy order out for an for a nice scalp little recycle here and I gave up on it But then we get this massive tank and I put a nice short on and this is the kind of scalping that like that should be Not on huge size, but just Kind of wallet patterns and these kind of trades can just add up over time You know as long as as long as you don't go too big in these you can Take really as many as you want and you don't have to worry about giving back profit So you can keep going and you don't have to worry about losing on it because it's not so bad They're just like wallet pattern scouts. And so whenever I find a stock that's kind of trading actively and you know reactively I try to do stuff like this Anything else? Yeah, and they're all after big moves that break range, right, you know, like Break a VWAP short rip back over VWAP long break break six dollar hi a day long Tank huge from hi a day quick short stuff like that Um, so this was a couple days ago Monday or Tuesday Yeah, and so This I want to show the real reason why I'm showing this one this trade actually didn't work out that great But the way I entered this trade is pretty perfect And so this is what an example of something that I like to do I'll get in and I and I'll I'll get in a size like the starter size to where and this is no more than a half Probably like this trade. It was a third. I got in a third and just basically I can sit through anything on a third And that's kind of the point I can sit through anything on a third and why get in it all Well, there's you know, this is this was kind of like that death grind stock and on death's grind stocks Sometimes you just have to get in if you're gonna long it like but the problem is is that you can't just long full size because any Like it could tank completely just tank Like and so that's why you can't go big in these but like you can ease it to this kind of trade And so what I did was and so naturally of course right where I bought it was the top We're not the top but it stopped just you know, like oh a death grind won't let me just put a buy order out Momentum stops that I remember like Hey guys, my name is toss Bradley and one of head mentors monitors at my investing club If you have any questions about getting started in trading getting started in M.I.C. M.I.C. in general text me at 2 1 3 4 5 8 5 9 9 7 This is not a robot It was me directly on the other end of my business line and we'll get you in the club We also have special promotions going on that I can get to you depending on your trading needs Hit me up Yep Okay, fine And so but the point is is like you you've prepared for that kind of shit Like you expect that kind of stuff so that way if it doesn't go according to plan you can kind of sit through it so I just put on like a third of a position on and And and like and then it kind of went sideways and it was playing with six very hard And I was like, you know what I know what the stock wants me to do the stock wants me to sell under six And then it's different fight. And so like I had that in my mind. I was like, I'm gonna have to survive a six crack I'm gonna have to survive a six crack. And so I'm like, I'm just but I'm waiting for the six crack to happen at this point I'm just like, come on. Let's go. That's like, I just know it's gonna crack six Like there's no way that like if you're if you have a stop at 599 that you're not gonna get triggered So I'm waiting for the six track and I'm like, I have to sit through it as low as it goes Like, I mean if it goes under 90, I'm gonna probably sell it I Notice that that's something that I can say, right? I mean like I would definitely sell it at 80 at 580 But like you notice how I can say I'm probably gonna sell it under 9, you know Like I can do that when I have a comfortable third size position You know like when I can still be flexible with the trade the second I get into full size I know exactly where I'm fucking stopping out There is no I'm probably getting out here, right? And that's something that like you might talk to a mod and they're probably and you say where you're gonna stop out And they're like, well, I'm probably here. Well, they're saying probably because they're still flexible in the trade And that's a key thing of note I'm probably stopping out at zero. Yeah. Yeah, probably maybe not I might still hold it at zero Anyway, but I knew I needed to hold through the sixth tank and once six crack and held That's when I was like I like this right because like I mentioned a couple and like my stops webinar where I said One thing that you want a technique that you want to do that that you want to use is wait until You would have where wait until the price hits a stock where you would have stopped out and once that happens Now Stopping out under that level you have a lot more confidence because you you just saved of a prior loss that you would have taken So sometimes you want to let that stop loss get tested first Before you use it like it's a good thing to let a stop level prove itself before you use it And I was like, well, let me see, you know, if it and and I knew then once it tanked under six It went to like 95 or something like perfect I'm gonna add here back over six and I can risk 95 and that's like risking six cents guys. I I'm risking like six cents now Like my risk to reward on this trade is epic now now that that happens Anyway, the what the other factors on this trade it was electric vehicle hype, you know, it's a VWAP reclaim You know, I'm buying the dip And I'm not afraid of VWAP dump risk, right?  But here I'm less like now I'm like, you know, let's see if it can dip to VWAP and maybe if it holds I might be able to get some low 90 orders. Who knows. Oh God, what is it every time I say fuck?   I think it eventually reclaimed later way later But like my trade deal where I was going for the I was going for that That prior close come back, but it didn't do it. So it's it's moot You know, it's whatever. I mean, that's an okay loss. That's an okay loss trade I mean, you got you got a green trade. I'm I don't even know what I don't remember what I lost I'm like, I don't even know Really small like negligible and that's the thing is when you get a sell-off it helps I bought seabat today and I had hesitation here and the reason why I had hesitation is because I wasn't sure what I wanted And so that's why I got out randomly. It wasn't even because there was a red candle I bought it here and I had conflicting thoughts here with seabat like with seabat. I bought it and I was like Huh, should I swing this one? Like I cuz I've been swinging stuff. Like should I swing this one? But like I the thing is and then like but I'm like but I bought it for the reclaim Like I'm this entry screams reclaim reclaim entry.   I have too much conflicting thoughts I don't know if I want to swing her if I want to be and so I've bailed on the trade Right, so that's why I sold this one not like the little red candle.  That's just straight Anyway, um, yeah, that's it guys. Hi guys. I will see you guys later Take it easy guys It's stop. Thank you so much for watching our video. You want to see more of our videos? Please subscribe to our YouTube channel by clicking the button here We do our best to post a new video every single day If you have any questions about MIC or any general trading questions, please text Tosh using the number here Also, stay up to date by watching some of our most recent videos right over here


This is Witchface news for Friday 5th October 2021 I'm CMDR Buur In Elite Dangerous news this week This week's community goal will shower you with pre-engineered frame shift drives We'll have the latest update on the recent resurgence in Thargoid activity Information nuggets from Frontier concerning the new SRV and fleet carrier interiors and more and yes I have got a really bad cold this week To make sure you don't miss any of our videos hit like and subscribe remember to click the little bell icon and select all notifications and if you'd like to help directly support this channel you can also join our Patreon via the link in the video description A new community goal launched on Thursday this week to assist in the building of the second part of the new Colonia Bridge superhighway Part 1 of the Colonia Bridge project completed a couple of weeks back and saw the installation of a string of 30 permanently anchored mega ships stretching between the bubble and Colonia The second installation will see 8 more ships added to the route as well as adding 8 new vessels the community goal will again offer commanders in the top tier of contributors the opportunity to name one of the ships which is again very cool and again as before the CG is offering an extra incentive to participate this time in the form of some pre-engineered frame shift drives with increased range and faster boot sequence as the CG progresses through its tiers the size of the engineered FSD increases starting at a size 3a, proceeding to a size 4a and ending with a size 6a The community goal reward which is available to the top 75% of contributors is however cumulative meaning that if the top tier is reached then all three drives will be delivered to commanders Frontier is really up their game with this new generation of community goals with pre-engineered modules becoming a welcome semi-regular feature and these three drives are very definitely worth obtaining along with the cash injection that CG participation brings as part for the course We're seeing reports that both ends of the CG are moving at quite a pace as commanders jump in so it is possible the CG will end early in the bubble at least The Colonia end of the CG is apparently having trouble supplying the necessary goods to complete the CG at that end as the limited stocks of the required items in the region rapidly dry up it's possible that once the bubble end completes then commanders and carriers could end up using the existing bridge route itself to supply Colonia with the goods it needs to complete the CG so we'll see how things pan out over the week Commander Tyran one of the Burpitt's dedicated sentient logic constructs has created a spreadsheet detailing the difference in jump range that drives will make when fitted to all of the ships in the game which we've linked below and if you're interested in using the Colonia bridge to break up the 22,000 light year journey between Colonia and the bubble then Commander Mita Kondria on Twitter has you covered with an excellent PDF map of the bridge so far detailing the available stop-offs on route planetary starport and mega ship as well as pristine icy rings where tritium can be mined and if that isn't enough it also includes a few notable tourist sightseeing opportunities as well that again is linked below the installation of the first part of the bridge last week coincided with the discovery of an ancient distress signal that sent commanders out searching a 50 light year bubble around one of the mega ships we won't give any spoilers here for what was discovered but if you're curious to know then the folks at Galnet News Digest on YouTube have put together a voice acted video detailing the discovery that is also linked below this week the flight assist podcast is celebrating its 50th episode with a special guest interview talking to friends of the burpit commander scikit and commander mal for the win on the show is none other than charlie hall who as well as being the tabletop editor for the website polygon is also an outspoken fan and advocate of all things elite dangerous charlie is a regular in the elite dangerous twitter sphere and has written numerous articles about the game having been a player of the galaxy spanning combat trader since day one the flight assist podcast interviews are always an entertaining listen and it's a show that is absolutely on our recommended must have elite dangerous podcast list you'll find a link in the video description to the celebration 50th show as well as to everything charlie hall and if you're unfamiliar with mal and scikit's other work they are also two of ed's most prolific top tier streamers you'll find those channels linked below as well do check them out as we reported previously last week in game saw the resurgence of massive amounts of thargoid activity in the pliades witch head and california nebula regions with extremely high threat non-human signal sources and burning star ports rapidly becoming signature events as the ever malignant slashing sunflowers reasserted their claim on the surrounding sectors as the emergency relief forces of operation ida and post disaster evac sprung into action they were as always backed up by the defensive forces of the axi as well as legions of independent commanders providing likewise evacuation and anti-xeno support when anti-xeno weaponry arrives into a thargoid emergence of this type it is typical that the introduction of huge quantities of artfully deployed firepower into the danger daffodils assembled haberdashery of horror rapidly sees its doors closed with the alien menace eventually sent scurrying away with their tentacles tucked neatly between their mandibles in this instance however it rapidly became apparent as the week progressed that this was not your typical thargoid emergence as wave after wave of alien panic pansy was sent for an early bath their presence in the affected zones went largely undiminished frontier confirming that this unusual behavior is not a bug and is working as intended as the thargs day thursday tick rolled around this week whilst there are some star ports now under repair a significant number of stations remain on fire their systems in a state of incursion and their crispy citizens still in need of evacuation on top of that a further system hr 118 3 in the pleiades region was actually added to the incursion list it's too early to say yet whether the sudden arrival of so many damaged alias is a renewed move against the bubble but will continue to monitor the situation here and report back whatever happens to lend a hand with any of this check out the thargoid activity reports in your in-ship galnet news feed that will tell you where help is needed and what to bring with you you can also link up with the axi operation ida or the post-disaster evacuation guys if you fancy tackling this stuff in an organized group they handle defense repair and evacuation respectively links as always to all of this are in the description below this video elsewhere in galnet we awoke this morning to find the anti-thargoid forces of ages more concerned with a rogue admiral threatening the megaship that's under control of the individual calling themselves salvation than they were with the colossal invasion of legions of frenzied fire firms in human occupied space so far so ages if admiral aid and tanner does move against salvation and take direct action how salvation responds to a direct threat from humanity rather than a direct threat to humanity will doubtless help determine a lot more about the nature and flavor of that individual so again watch this space on frontier super cruise news livestream this week community manager Arthur told me let slip some small details regarding the new combat-centric SRV planned to arrive in update nine we think later this month and the new fleet carrier interior space feature which will follow after update nine on the SRV front Arthur confirmed that he has used the SRV and had played with what he described as quote its weapons unquote if you take the phrase weapons literally it is possible that the vehicle may have more than one weapon we've obviously seen the turreted gun on top of the vehicle but we don't yet know what else the combative car has going on or even if its damage capabilities begin and end with the turret Arthur described the vehicle as much heavier in field than the current SRV and said it does handle quite differently to the scarab but when asked directly he stopped short of describing the multi-crew capable vehicle as tank like he also mentioned that he hadn't had the opportunity to investigate the cargo carrying capabilities of the vehicle so we don't yet know if we're stuck with the two cargo slots the scarab has or if the new heavier vehicle has more or indeed less elsewhere in the stream Arthur went on to say that he was looking forward to loading up a ship with four commanders and then deploying two SRVs with two commanders in each vehicle so it seems from that that multiple multi-crewed SRVs within a team will be possible whilst there's no official confirmation we're speculating here however that not all ships will be capable of handling the new vehicle given its likely larger size and multi-crew focus we are wondering if the new fighting vehicle will require one of the larger ships to get it on the ground on the subject of fleet carriers Arthur made mention of a fleet carrier interior tour stream likely happening in December that will show off the ship's interior social space and accessible features he also mentioned when showing again the teaser image from the carrier bridge that we spoke of last week that he's looking forward to watching commander ships land on the deck outside and having those other commanders join the carrier's owner on the bridge so we can determine from that that the carrier's bridge doesn't appear to be an exclusive space to the carrier's owner other commanders will be able to visit it so just to recap the new combat SRV is earmarked for update 9 and we believe that update is scheduled to arrive later this month fleet carrier interiors are set to arrive after update 9 there's a live stream planned to feature them in December which we believe will be an advanced preview of the feature so we expect to see carrier interiors arriving just before Christmas or early in the new year a busy couple of months ahead are you joining the CG this week or are you rescuing burning civilians and attacking Thargoids what features would you like to see in the new SRV let us know in the comments below that's it for now thanks very much for watching we'll be back later this week with more videos until then 07 commanders follow the greens on the way out and do keep clear of the toast rack we very much look forward to seeing you next time


Hello everybody, good evening and welcome to today's webinar. Before we get started, let me just quickly remind you the promotion still owned by Volumetrica Trading and TickMill, which allows you, for those who are already ticking customers to get a Volsyslides and set a special price, for those who are not customers already, you can still of course request a temporary free demo emailing info at volumetricatrading.com And of course, if you can help, hi, this is the link at which you can, the dedicated page to the promotion in collaboration from Volumetrica Trading and TickMill. From this page, you can of course have a special price in order to get a Volsys license. Of course, terms and conditions apply. In case you want to request a free demo of the Volumetrica Trading Volsys platform, you can use the contact form here at this page, Contact Us and request a free demo for the platform and the Volumetrica team will be quickly in touch with you. Today for the webinar and of course, let me just remind you before I forget, since the topics of the latest webinars we are going through, I'm perfectly aware they're getting a little bit more difficult than the first ones. Here you can see in the Volumetrica Training website among the educators, there is my email address. If you want, you can email me and ask maybe some questions. I'll be glad to give you a reply. So, said that, let's get to the topic of today. Today, we will be talking about Delta, what Delta in terms of volume indicates, what a market maker structure is and why is the concept of Delta connected to this concept of market microstructure and why this is important to understand these concepts in order to have a key interpretation of volume and of course, that can be applied to our trading strategies, to our trading analysis. Okay, before we start, let me just have a quick chat about the S&P 500 because that also gave me the chance to talk a little bit about make a quick recap about what we said last time about volume profile, volume profile analysis because in my opinion we are getting into a quite tricky phase for the American indices and S&P 500 of course as the main index in terms of stock market. Okay, what is happening right now at the S&P 500 future? We have started, as you can see here in my chart, downward phase. Okay, we had two days with a strong sell-off. Okay, and right now we are getting very, very close to an area which according to a long-term analysis of the volume profile, it is quite important why the area I'm talking about is the 4150, so exactly, exactly here. As you can see, we are in a specific phase for the long-term volume profile. This is a 400 days volume profile, so it is a composite profile. It is a little bit different as a concept since the one that we have talked about last time since we mostly talked about the analysis to be conducted on a daily profile, but the concept and the kind of analysis you can make of this volume profile is exactly the same we did last time based on the daily profile. So as you can see, we are very, very at the bottom part of what is a long-term distribution. As you can see, this distribution. Okay, so right now we are getting closer to high-volume nodes located in the south part of this long-term distribution, and that happened why? Because we price as basically rejected to distribute in the upper part of this distribution area, very large distribution area. So we really need to be careful what these high-volume nodes will be traded because they will tend to act as a support, but of course, at the moment, price will break down the supports. Then, of course, we can have an extension of the volume profile downwards. So in my opinion, this is a very good thing to have a quick look before we start with this webinar, just to have a further application of the concepts we have talked about last time and two times ago. Okay, talking about the volume profile concepts. Today, we will go a little bit deeper in what... It will be an introduction of the Delta concept, which will help us to understand for the next three webinars. Okay, of course, in order to understand properly what all the flow analysis is, we need first to understand Delta, what Delta means and how it creates the Delta. Okay, so we need to understand how the market structure works. Okay, the best way in order to introduce this concept, in order to keep it very, very simple but understandable, of course, is starting from what an order book is. Okay, many of you have maybe already worked using an order book. Okay, also known as Depth of Market, D-O-M. Okay, let me just quickly zoom in. Okay, here, like this. Okay, this is, of course, the order book for S&P 500. This is exactly the one you can have on the Volsys platform. Then later I'll show you how to open a new chart showing the Depth of Market for each instrument. First thing we can notice making this tool is that we have, of course, the price in the middle, the price which is trading, which is this one you can see here, the one is highlighted in red at the top price, in green at the bottom price, which is in the middle of the tool. And at the right side of the price, we have the Ask column. Okay, on the left side of the price, we have the Depth column. Okay, what do those columns show? Basically, in this column, you can have a list of what limit orders are. Okay, so how many limit orders are placed at each levels? For what regards the Ask column, you have sell limit orders above the traded price and buy orders are located below the traded price. So basically, we have buyers located below and sellers located above the currently traded price. Why? Basically, because those orders are just pending orders and they are just orders of traders willing to sell or buy at a specific price. But basically, they don't want to be executed at a worse price than that. Okay, so for instance, if I want to sell the market at here, 39, 17.75 and I want to make sure I don't have a sell entry below this level, all I have to do is placing a sell limit order exactly at this level. And that will make me a passive seller. Why a passive seller? Because first of all, that explains very well the kind of trading I want to do around that area. I don't want to absolutely be in the short trade. I'm just waiting for market to reach the price I would like to have. Okay, so what I'm going to do is just placing another there and waiting for price to give me an execution at that level. Okay, but by placing a limit order, I am telling the exchange that in case I can't have that price, I don't want to be executed at all. Okay, so basically my order just won't get filled. Okay, of course, so basically as a passive seller, what I'm trying to do, I'm trying to have a better price since I'm selling, I want to sell at a more expensive price compared to the one is currently trading right now. Okay, so I'm trying to get a better price basically. Of course, a buyer, a passive buyer will look to do the same. A passive buyer will look to buy at a cheaper price than the one currently traded. So what it might do is placing by limit orders. Let's assume, for example, 39. As you can tell by the price that this slide is taken from the S&P 500 of last year, that was a very different price by the one traded nowadays. So just never mind. So a passive buyer, of course, would place a buy limit order at this level and just wait for price to reach this level and of course, have its execution if that price can be traded. Why? So basically, we can already tell something very important, a specific feature of passive traders. Passive traders, whether they are sellers or buyers, they don't care that much about being traded, about being in the market. What they care about is having an execution at that price, not a single tick worse than that. Okay, so that makes them passive sellers. So we can tell that passive sellers or buyers and their orders is what constitutes, what it makes, what it builds, market liquidity. Why? Because since those are orders just being placed there and waiting to be executed, that offers that opportunity for other traders to use those orders in order to have an execution. Okay, so let's assume right now I want to buy a contract of S&P 500, but I don't want to do that as a passive trader. I just want to buy a lot at the current traded price. Okay, so I'm not trying to be a passive, I just want to be in a long position. So I won't be putting a buy limit order, I just will put a market order. I will buy at market. Of course, if I want to buy the market, what do I need? A seller, of course, to be a counterpart of my trade. Otherwise, I can't buy anything which is sold by, if it's not sold by anybody to me. So of course, if I want to buy the market at the current traded price, I will be an aggressive buyer. Why? Because compared unlike passive buyers, I don't care in these cases, in this case, if I am using a market order what my execution price will be. What I care about is just being in the long trade. Doesn't matter at what price. Okay, this is the first reason making me an aggressive buyer. But of course, if I am an aggressive buyer, as we said, I need a seller. So where do I find sellers? Of course, if there are many sellers here willing to sell, I will find the first available seller at the first level where I have sell limit orders. Okay. Those sellers are passive ones, so basically they're just waiting for buyers to buy into the selling orders as I am trading aggressively that level as a buyer. Of course, I will be the perfect counterpart for them to be executed. Okay, so basically my order, my aggressive order will be matched with one, of course, of their passive order already placed there and waiting to be executed. Okay, of course, the very opposite will happen if an aggressive short trader want to aggressively sell the market. He needs a passive by order to fill his trades. Okay, his trade. And where it will find counterpart for his trade? Of course, at the first level of the bid side of the order book because it's at this first level where there are available buyers, passive buyers. Let's put it on his way. If we only had passive sellers and buyers, market wouldn't move at all because we have proposals of selling above the traded price and we would have proposals of buying below the currently traded price. Okay, but we would have sellers hoping to be executed at an expensive price and buyers hoping to be executed at always a cheaper price in order for the market to trade, to transact. We need some traders, some buyers buy into sales and some sellers selling into buying. Okay, we need buyers to go towards the sellers and buyers. Okay, so basically this is market microstructures made very, very easy but of course this is a very important concept because that gives us an example and explains very well the difference of what the difference is between buy limit orders, buy market orders and of course the same for sell orders. In this case, we can have a very good example of this. If we try to, let me just put in simulated mode because I just want to show you how in fact order works. Let's assume I want to put a buy limit order right now here in the chart. Okay, if I click here the buy limit button here in the trading panel of Bolshe's platform it will give me this green line that I can place wherever I want on the chart exactly where I want to buy. A buy limit order is supposed of course to be below the currently traded price because otherwise it wouldn't be proper limit order since I can only try to buy as a passive buyer only below the currently traded price which is this one you can see here as a dashed point line. Okay, so if I place this line right here now I have set to the exchange to the CME that I want to have one lot of micro S&P executed at $41.17.50. Okay, but I don't want an execution at an higher price than that not even one tick higher. Okay, if I try to place this order above the current traded price of course the exchange will execute me immediately. Let's try buy limit order above the traded price of course I will be in the market immediately because what actually let's assume the line was here I was trying to break the order here I said to the exchange exactly the very same thing I want to buy at this level or better of course in this very specific moment the market was trading better than that so my buy limit order will be placed immediately at the current price level but of course it can be executed only as long I have as long as I have aggressive sellers selling into my buying passive order. Okay, so in order for order limit orders to be properly executed we always need the availability of the counterpart. Okay, so in this case if I'm buying I need sellers if I'm selling I need buyers. Alright, of course this gives us the, let's find this position and let's get to another slide showing us how orders according to this specific to this main criteria are matched because of course let me just we'll get back to this slide in a few minutes. Let me just explain one more thing about aggressive and passive orders and its relation to Delta. Many of you may already have heard of Delta like maybe using some tools like for example Delta Profile or CBD cumulative body of Delta referring to the day and let's say what is Delta actually as the definition would suggest it is always a difference. It is always a difference between what is always a spread between what apparently it is a difference between buyers and sellers. Okay, normally as we can see in many Delta indicators like for example the cumulative volume Delta or for example, yeah, let's take as an example here the Delta Profile which is actually let me just get another let me just get another indicator to make an example otherwise it's not good enough. Yeah, let me get this one. Yeah. Okay, so we have at the bottom of the screen a Delta indicator. What does what that indicators shows us basically for each bar you can see in the top part of the screen it shows the difference of power of the buying or selling power within the bar. Okay, but as we said in terms of my market microstructure we can never have more buyers than sellers or more sellers than buyers because of course in that case a transaction wouldn't be possible for every single buyer. We always need to have another seller and vice versa because otherwise any market could be working that way. Okay, so Delta doesn't really show a difference of buying in relation with seller. Delta it always refers to aggressive traders so it always shows the difference between aggressive buyers and aggressive sellers in relation to a specific bar as in this case or a specific level as Delta profile shows we will talk about this very quickly very in a couple minutes but this is not the difference between buyers and sellers. Let's take for example this bar, this one here. This bar at the very top. Okay, which is the corresponding Delta Instagram below. This one, okay. It shows definitely more buying pressure than selling pressure. Okay, so if we make a comparison between all of those traders who have both aggressively on this level and those who have sold aggressively on this bar was information. Of course we can see there is an imbalance in favor of buyers. Okay, because Delta is positive so that shows that buyers were more aggressive than sellers. Okay, but as you can see price didn't go straight away in their favor. Okay, how is it possible? How is that possible? Because when do market picks up or down? When of course, let's go back to the slide about the market microstructure when aggressive buyers for example are able to overcome in terms of contracts traded the number of contracts waiting to be executed. So for instance, if here we have at this level 61 sell order sell limit orders waiting to be executed. If in the next second we have 50 aggressive buyers hitting this level okay, buying aggressively on this level, what would happen? Of course these 50 contracts will need to be executed straight away. So they will consume let's say 50 out of these 61 sell orders waiting here. Those 50 aggressive buyers will be executed so we will have 50 volume trading long aggressively and here 61 passive orders will become 11. Okay, because the first 50 passive sellers will be satisfied already but still 11 are missing because not that much counterpart was provided here on the aggressive side of the book. So market won't move at all. Why? Because in order for market in this situation to tick, to go one tick up we will need 12 more contracts to consume to eat completely those 11 left contracts and look for some more liquidity some more selling liquidity at higher levels. Okay, so this is actually what makes the market tick up or down. So what happens when aggressive buyers try to hit the ask or hit the bid side but market is not moving because they are not strong enough to raise all of these contracts and go and tick higher. We will of course have a measurement of that delta including as a difference of aggressive order only showing a lot of my pressure exactly as it happened here. Here we have lots of buying pressure shown by the delta but of course we can tell by the price action it wasn't able to move the price higher. This is the very specific situation we were talking about a few minutes ago. Here there were maybe actually we can tell how many contracts they were trading aggressively. Delta was in this bar right here the second one actually went up to 1039 delta. So that means that in this bar within this bar there were 1039 more aggressive buyers that sell their aggressive sellers but apparently there were even more passive sellers above the bar went through an area with lots of more passive sellers. So apparently those even if we had lots of buying pressure and the delta is of course the demonstration for that is the proof of that which can be measured of course but apparently they weren't able even if they were a lot even if it was a lot of buying pressure it wasn't able to it to consume all of those passive selling orders which were there of course halting the market because as we said until this liquidity is not used is not treated is not consumed of course market hasn't any reason to go higher. That of course explain us lots of things for example why it happens all the time actually at market many times we can see price at delta indicators showing lots of pressure but market not falling through. The main reason for that is explained by this dynamic which you can see on the market that can be explained by the market structure. Of course we will talk very well definitely better than today but about this kind of dynamic which is called absorption. This is a very basic but of course exact definition of what an absorption is. Price gets absorbed every time we have a large amount of market orders hitting lifting the offer lifting the ask side of the book or hitting the bid side of the book but actually not making it to move price higher or lower. And of course this is one of the main dynamics of analysis there are even many more but this is the most important one the main dynamic around the whole analysis built. So let's move quickly on and go to another to the last concept we will talk about today which helps us understand even better what market structure is and how market orders interact with passive orders. Let's talk about how all this actually are matched by the exchange anytime a request is sent to the broker to the exchange. As we said we have passive orders which actually are limit orders and aggressive orders which are market orders but stop orders as well. Why stop orders are quite different from passive order because actually they are not orders providing market liquidity as unlike limit orders they are not supposed to be buying orders placed below the current trade price or selling orders placed above the current trade price it is exactly the opposite a stop order is an order let's assume market is trading here right now. We can place a sell stop order only below the current price so exactly the opposite of a limit order and of course the same is for a buy stop orders if you want to place a buy order which is above the current trade price it will have to be a buy stop order. So what happens with stop orders as soon as price triggers the level of which we place the order this order will be sent to the exchange aggressively so it will for example here as market gets here this order will hit will buy aggressively the first ask level so basically where the first sellers as a passive sellers will be available and in that case this or this buy order will be matched with the first sell limit orders which will be at that level so in this case basically stop orders are treated the very same way as market orders and our orders matched by market orders and buy stop orders will be matched with corresponding sell limit orders and at this stage the exchange will count and ask print so basically will track this order as one aggressive buy order okay of course in order for this transaction to take place we need both the aggressive part and the passive part but it's like the exchange gives it for granted that of course there is a passive counterpart because otherwise this aggressive side will have wouldn't have been able to execute this trade okay so by just tracking the aggressive side of this trade of course it is a way to consider both part of those actors taking part of that trade and of course the opposite will happen with selling orders being matched with buying passive orders and at bid print will be tracked so as one aggressive sell order okay the difference the spread between ask prints and bid prints considered within a bar or maybe an area a specific price level will give us the delta refer to that bar price level and whatever this delta definition refers to okay this is the main part this is the main concept we need to know about delta in order to understand what we will be saying about all the flow analysis from next time on and of course a next webinar next week we will be talking about how we can use this we can read interpret and use delta concept using a very very fantastic definitely fantastic tool provided by Volsys platform which is the wall analyzer plugin which is divided into two main indicators one of those is the ball swing indicator right here which is based on of course of the base of delta and we will have a quick look on how to use it in our trades okay so we are we are at the end for the webinar of today of course just in case you want to ask some questions of course you are more than welcome let me once again remind the offer you can request either a free demo of the Volsys platform by emailing volumetricatrading.info at volumetricatrading.com I'll just quickly write down the email address in the chat so you can easily add it for your convenience volumetricatrading.com here it is and of course if you are already a tickmail customer you can have a special price for the platform accessing the special offer on for the entire period our webinars will be will be on at this link okay so that's all that's all for tonight I hope the topic was of your interest I wish you a good evening thanks again for your attention see you next week at the next webinar have a good evening cheers


Hello and welcome to the session in which we will discuss the concept of e-commerce as it applies to the CPA exam. So e-commerce, technology, networking, IT infrastructures, those topics, they're going to be tested more heavily on the CPA exam, especially on the BEC section. So whether you are a CPA candidate or an accounting student, I strongly suggest you to take a look at my website, farhatlectures.com. I don't replace your CPA review course. I am a useful addition to your CPA review course. I give you an alternative explanation. I explain the material differently than your CPA review course. I provide you with alternative resources to help you do better on your CPA review course, which you will do better on your CPA exam. So that's what I offer you. I'm not a replacement of your CPA review course. And to try me, all I have to do is to risk one month of subscription to find out whether the system will help increase your score by 10 to 15 points. I can assure you based on history, many students use my system to succeed on the CPA exam. And if not for anything, take a look at my website to find out how well or not well your university doing on the CPA exam. I do have resources for other CPA sections and accounting courses. Also connect with me on LinkedIn. If you haven't done so, take a look at my LinkedIn recommendation. Connect with me on YouTube, like the recording, share it with other, connect with me on Instagram, Facebook, Twitter, and Reddit. So the first thing we're going to learn about e-commerce is the difference between e-commerce and e-business. What is e-business? E-business is carrying business activity electronically in its largest sense. What does that mean? It means anything you do online or electronically it's considered e-business. Like what? Sending an email is an e-business. Communicating on the Internet is a, I'm sorry, is a form of e-business. Any non, could be non-financial activities negotiating. I mean, also sending an email is a form of negotiating. So simply put, connecting via the Internet for business purposes, for any business purpose is called e-business. And just want to let you know, e-commerce is a section of e-business. So basically if this is e-business, if this whole thing is e-business, e-commerce is inside of it. So it's a part of e-business. And to remember that e-commerce is smaller than e-business, remember to be in business, business is bigger than e-commerce. E-commerce is a little bit more specific. This is when you are conducting actual transaction, financial transaction with somebody else, with a trading partner, with a second party. This is where you buy and you sell goods and services online. This is what e-commerce. Now, why do we use e-commerce? What are the benefits of e-commerce for businesses? We have many benefits for e-commerce. We have many types of e-commerce. We're going to discuss them in a moment. But those benefits apply to all of them. Can you think of e-commerce benefit? I'm sure you do. I'm sure you purchase online. Maybe you purchase my course online. One is increased efficiency, faster and cheaper. Through e-commerce, you can communicate information. You can send data, do price quoting. It's much cheaper. Place order via Internet rather than phone calls to call someone. It takes time. The company will have to hire a person on the other side to take the order. There is a room for mistakes, for miscommunication. It replace fax and it would replace mailing. So you can see here, this is part of the efficiency as well in saving costs. You have access to price quotes from multiple suppliers. So if you're shopping for a CPA review course, you can look at various courses before you purchase. If you're a supplier, manufacturing, and you're looking at suppliers, you can check the suppliers' pricing quotes for many suppliers. This way, you would reduce your costs. You'll have inside information, inside market activities and demand. Therefore, you can plan your business properly. It will help reduce your inventory and raw material. This is where we come just-in-time inventory system. So because handling inventory is cost. So notice all these activities, what they're doing is increasing efficiency. What is efficiency? It means doing the same thing faster and a reduction of a cost. It also free up working capital. If you don't have to hold inventory and raw material, it's going to give you more working capital, more cash to use somewhere else. Again, the benefit of e-commerce, I'm pretty sure that each one of you is experiencing this, either directly or indirectly. And as far as e-commerce is concerned, we're going to break it down into six types of e-commerce. Now, although we're going to break it down into six types, basically, we could have more types of e-commerce. But the types are business to business, B2B. This is where one company do business with another company. For example, Google rent cloud space to various businesses. For example, I use Google cloud space. I save my data on Google. All supplier and manufacturers. Business to consumer. Well, you should be all familiar with this. This is when the business sells to consumer. For example, four-hat lectures will sell you services as you are a CPA candidate. Business to consumer is the largest thing of Amazon. Business to government. For example, business handling government activities like website maintenance and marketing activities for certain event. Consumer to consumer is when you, as a student, sell your used books to another student or when you sell on Facebook market. When you sell to another person rather than a business or you can sell to a business, consumer sells to a business. For example, you sell your used book to a company rather than to another individual. And we could have consumer to government where the consumer pays, for example, an example of it paying your taxes online. What are some features of these six types of e-commerce? Usually when I have a list, I go through the whole list. I'm not going to go through the whole list. I'm going to go through two or three types of e-commerce but you will get the idea. First, let's go through business to business, okay? This is what's happening. You can place the order faster through the internet between businesses or through the extra net. Now you need to know what extra net is. Extra net is an enable outside party to partially access your system thus submitting the order in a proper format. Think of the manufacturers, they need supplies and what can they do? They can call, they can send the fax, they can send the representative, they can place themselves the order online. So those are the various ways or what else they can do? They can give their supplier access to their system. So an outside party given access to an outside party. Now access to a particular area of your system and what happened is the supplier themselves, they can submit this information directly. So the supplier would know when you need the information and they will submit it directly. So an outsider party is acting as an insider party. Now what is the benefit of extra net? There is no need to reconfigure the data because you are using the system nor you need what's called EDI, Electronic Data Interchange System which we'll talk about EDI later. So extra net versus EDI and we'll see what EDI later. Simply put, extra net, you're giving, for example, you're giving your, for example, I'm giving you access to my system. So when you know I need something, you can place the order and you're using my system. So I don't need to reconfigure the data that you are sending to me because you're using my system. So it's using common electronic document format and pre-existing arrangement, okay? And here what you do is you have no people involved in the system, system is communicating with the other system. All the format has been, all the forms has been pre-formatted. Business to consumer, this is the fastest growing segment of the economy and think of Amazon. Most likely you place an order of Amazon, okay? Here you can order from the comfort of your own home and business to consumer is done through internet. So notice we have internet and we should all be familiar with internet. Most likely you are viewing my recording through the internet and we have extra net where the company will give access to an outsider to their system through the internet, it's called extra net. And also we have consumer to consumer, facilitated, you know, consumer to consumer and business to consumer. These days are facilitated largely by social media and hopefully we all familiar with social media interaction of people in virtual communities. What are those communities? Well, you could have your own favorite one, could be Facebook, could be LinkedIn, could be Twitter, could be Instagram, could be TikTok, could be Reddit, Snapchat, so on and so forth. So people are connecting with each other on a personal basis. Also the business can connect with you on a personal basis. What happened is when they use your social media data, they know what you like, your age, okay? What are you looking for? What are your hobbies? So really they're connecting with you on a personal basis and that's why all these services are free because they're technically using your information. When something is free, technically you are the product. So this is what's happening here. And what happened, most companies, what they do, they integrate their social media, the information that they collect from social media and marketing from social media with their customer relationship management. What is customer relationship management? It's a software. It's some sort of a system that tracks contact and follow up with customers via email, target promotion, discount offer, so on and so forth. And I'm pretty sure this morning, when you woke up, when you checked your email, most likely you received an ad from the gap store, from target, maybe from four hot lectures. I don't use the system a lot because I practically post what I need to post on social media, but large companies, what they do, they have a marketing campaign that they collect all this data and they target you based on your needs, based on what you're looking for, based on prior purchases. And they do that, they do that through something called customer relationship management. It keeps track of that. It facilitates the automation of marketing. This is when you would receive that email in the morning, you know, it shows your sales, it shows sales history and the projection. What do you think you're gonna buy? It shows trend, it keeps track of all of this. Performance indicators, how many people open the email? How many people clicked on the email? How many minutes did that individual spend on this page so they have interest in that product? So on and so forth. So this customer relationship management, it's integrate all this data and make decision to facilitate business to consumer e-commerce. Now e-commerce, it has its own vulnerability. You have to have security and reliability of a system. So we need to talk about this topic. So e-commerce reduce or eliminate human involvement. As a result, you're gonna have security concerns that are gonna surface. We need to know what are the security concerns for e-commerce. One is authentication, authentication, the properly identifying both parties to the transaction. So if you are buying something from me, I need to know exactly who you are and you need to know exactly who I am. Now, how would you trust me? Well, for example, I have a presence on social media, on Facebook, but how would you trust a new company? Well, there are maybe certification that they can buy, they can place on their website. But this is how you authenticate another party now. Common method for me to authenticate another person like a buyer is login and a password. They have to create an account. They have to identify themselves. A second concern with e-commerce is limit the access or permission of the user. For example, you might have binding agreement in case of the extra net. So you want to make sure that the users, they are limiting themselves. They are not getting involved or having access to information they should not have access to. For example, my customer database. So you want to limit that access from the other party. The size, the size limit, how much can the other party place an order for me if they have access to my extra net? And who has the access? Who's authorized to do so? That's very important. That's limit the access and the permission. Confidentiality and integrity of the information that you transmit between the two parties. Remember, you have two parties, a buyer and a seller. And you're going to communicate. Well, guess what? You have a buyer here and the seller here. The buyer and the seller and they're communicating information. What if someone intercepted this information? Well, guess what? If you intercept this information, this information could have sensitive business data. For example, they would know how much this buyer is buying. They would know something about their business inside information or they can intercept financial information such as bank account information, routing bank, banking information, specific account numbers, so on and so forth, like social security of customers. Therefore, what happened is most companies, they would use encryption. What is encryption? It's basically communicating this data in a secret code that hides the information through meaning. So even if you intercept this information in between, it will not make any sense to you. But once the seller or once the buyer gets this information, they have a way of encrypting of deciphering this information. Encrypting data is called cipher taxed in relationship to a plain taxed. A plain taxed, anyone can see it. Anyone can read it. Anyone can understand it. Cipher taxed, it's ciphered. It cannot be, you cannot read it unless you encrypt it and you will have the key to the encryption. So if you don't have the key to know what the data means, you can have access to the data, but it's meaningless. Reliability of the data must be preserved. Reliability means the data that if I place an order of 100 unit, you would receive the order of 100 unit and not something else, not to 1,000. Okay, so that helps in auditing. If you have an auditing, we want to make sure that the order that was placed, the numbers are reliable. The quantity is reliable. If there's any dispute or litigation, I only ordered 100 unit. Why did you ship 1,000? Well, let me show you the data is reliable. You know, I place this as an e-commerce and an e-commerce application. Five consumer trust. Well, guess what? If I'm buying something online, I want to make sure that the prices that being quoted and the discount are honored. So when I buy 100 unit at $5 per unit, I don't end up paying $6 per unit or $7 per unit. If you're giving me a discount, I'm going to get that discount. That's also another concern with security and reliability. A system is robust. God forbid something happened. You have a backup or a hot site in case of technical difficulty or a hack. For example, I host my four-hat lectures on a third party. I don't have my own software. I don't have my own hosting system. And that party, that's all what they do. So they will have some backup system if something happens. There are verifiability of payment. How do I know that the payment that you are giving me is reliable? What I'm going to be using systems such as PayPal, Stripes, Bank, Credit Card, Bank and Credit Card Services. And these parties, they're going to charge me a fee. But the payment that I receive will be legitimate. For example, for my system, I use Stripe. It's basically a payment system. PayPal is another view. You could be familiar with payment system or you could accept credit cards. I do accept credit cards and they get processed through a system called Stripe. So that's how you verify the payment. And talking about the payment, we need to be familiar with electronic funds transfer, EFT, what is electronic fund transfer? Most likely you're already using electronic fund transfer. It's an application that enabled the transfer of money from one bank and institution to another through access devices such as computers, telephone, chips installed on credit card and debit card. Simply put, when you pay your bill online, that's what you did is an electronic transfer fund. When you receive your paycheck online, it's an electronic transfer fund when the money goes right into your business account. And what EFT is doing is replacing the check, the traditional check that we know about. EFT is cheaper than a check because you don't have to handle the paper. You don't have to handle the check. You don't have, you know, checks. And let's assume you're from LA and you wrote a check to someone in New York. Eventually, the check will have to transfer literally on a plane from LA to New York, okay? So there's a cost for that. EFT is faster when you pay your bill. Usually it's the same day or max the following day. And there's minimal to no clerical errors because on a check you have to write the numbers. You have to put the account number. You have to put the date. All this information is all this minimal, all this clerical errors is eliminated or it has a minimal effect. EFT is administered obviously by third parties that are subject to the same security concern that we mentioned above, especially security concern. The two most common type of EFT that we know about are the Fed wire or simply the wire and chips, which is the clearing house interbank payment system, okay? Now we need to talk about one more thing about e-commerce and that's EDI, electronic data interchange. We spoke about extra net earlier. So you need to know the difference between extra net and electronic data interchange. They're similar, but they're different, okay? This is computer-to-computer exchange between partners either through intranet, internet, not intranet, internet and value added network. And what you're doing is you are exchanging business data purchase orders, confirmation invoices. So it's the difference between EDI and the extra net. Well, this is also gonna reduce the handling cost and the speed of the transaction compared to a traditional paper-based processing that's similar to extra net, okay? Here the transactions are submitted in a specified format. So what you need to do, you need to have a translation software. In an extra net, they're using your system so you don't need to translate the information. Here you need a translation software between the two parties, okay? So why do people then, why do we use, why do you use EDI rather than extra net? Well, there's a strong audit trail and strong control and security. That's why people use EDI. You may not trust the other party to give them access to your system.  Assuming I do have extra net. The two most common format of extra net, there's one is the American National Standard Institute format, which is the U.S. And there's an international one called United Nation EDI for Administration, Commerce, and Transport, abbreviated UN edifact. Those are the EDI system. Again, the EDI system is in comparison to extra net. It's costlier, it costs more money because there is a translation cost. Remember, you have to have a translation software to translate the data. There is a cost for that. There's a cost for data transmission. You pay a price for the security, the strong security. You pay the price for the hardware and you pay the price for any legal agreement between you and the other party because you have to draft this agreement what's required and what's not. And this is basically in a nutshell, a review of e-commerce that you will need to know for the CPA exam. Once again, I don't replace your beloved CPA review course. You keep it, you pay thousands of dollars for it. Great, it's going to help you pass the exam. I can only be a useful addition, give you alternative backup explanation at a really minimal cost. Try me, one month of subscription. If you like it, you keep it. If not, you cancel. The maximum you would lose is that one month of subscription. But it's worth the investment.  Don't shortchange yourself. Good luck, study hard, and of course, stay safe.


Hey, what's going on guys? Patriot Prime here once again with my very first Toy Hacks review of 2019. And the set we're going over in this video is the brand new set for the Transformers Warfish Cybertron Siege Megatron. Toy Hacks has two different styles for the Megatron figure. You have a Generation 1 style set and an IDW comic style. I of course am an old school Generation 1 fan so I went with G1. With this decal set you're going to get four different sheets. You get two sheets with this more subdued look. Now what I do like is you get the raised textured stickers with these and a couple of different options. You can see the different looks for a chest right there. You're also going to get two sticker sheets with that if I can pick that up with the chrome backing. So those are going to look really good. Now if you want to take a look at my Warfish Cybertron Siege Megatron review it's going to be listed right up here in the corner. I've been dying to get this set. I ordered it the first of January. It finally came today. Let's go ahead and get these stickers applied and I'm going to show you what Megatron looks like both before and after. Megatron makes for one very imposing tank in his new Warfish Cybertron Siege incarnation. This tank looks awesome. The molded details really pop and there's a great use of minimal paint applications including the red on the turret and along the gun barrel. Not to mention the chrome that they have added along the gun barrel really make this thing stand out. Tank mode features the battle damage that the Siege line is known for but it does not look bad at all in this mode. There's also some paint details there on the front showing off some headlights but there you go guys. There is Siege Megatron in tank mode before and after. Megatron's tank mode looks absolutely badass now. I love the armor plating there on the sides and on the top with the subdued Decepticon logo right there. You do have the option to have that plane but why would you as I've said before my videos if I have the option to put on a Decepticon logo or Autobot logo the logo wins every time. He also has some Generation One style detailing there on the front of the tank along with a cockpit. Up here on the turret notice his tank number P38. What's that stand for kids? As we continue to take a look at the tank you'll see new light details there on the front. Light details on the sides. More armor plating on the feet slash rear of the tank. Light detail on the back of the turret and he now has some taillights. So yeah this tank mode is spectacular now. He is definitely ready for battle. Megatron in robot mode features some great sculpted details as well especially the Generation One inspired chest and stomach area. I mean check this out you can see the little vents on the side the details on the abs the control panel that looks great. He has minimal pain applications but what he does have works really well. The red on the biceps and shoulders down here on the sides not to mention the red eyes and what really impressed me with this figure the chrome they use for the face and the vents on the back. He also has painted details down here on his feet which also have that Generation One throwback. The pain applications I don't like is this weathered battle damage look. Not as bad on his arms and legs I actually really like it on the legs. Do not like it on the chest. Out of all the siege figures Megatron is the only one that I do not like this look on. So here you go guys one final look at Megatron in robot mode before and after. That is how the leader of the Decepticons is supposed to look. He looks awesome. The first thing you'll notice is his brand new chest decal. Toyhacks gives you the option of a battle damaged chest decal or a plain looking one. I went with the battle damaged. It looks great and it complements all the splotches that the figure came with. So I like the look of this now so much better. I know there's a lot of people that will take rubbing alcohol and scrub those off. This works for me. I like the battle damaged look. Bravo Toyhacks. I love it. Other details include new stickers for the control panel. A red sticker here and a gold chrome sticker there and the red highlights which wrap around his entire side. The fusion cannon gets some decals as well. You get a red chrome strip here and on the bottom that shows in tank mode as well. You have like an indicator strip starting with green to yellow to red almost like the fusion cannon is charging. On the inside of the legs this is kind of a throwback to the generation one gun. You've got some red decals and yellow stickers there. Other details include a new crotch sticker, a sticker right here on his right shoulder and lots of new details on his feet. I really like that. Kind of gives you that more of a combat boot look. The fusion cannon also gets some small decals there on the inside. If I can get that to focus just some chrome enhancements and I'll tell you those were fun to put on. And speaking of weapons let's take a look at Megatron Sword. Toyhacks added chrome details to the sword. How awesome is that? Toyhacks absolutely killed it with this generation one style set for Siege Megatron. I can't wait to see what other offerings they have for 2019 and the remaining figures of the Siege line. Guys I appreciate you checking out my video. Don't forget to like. Don't forget to subscribe. This is Patriot Prime signing out. Hooah! Hey I really appreciate you guys stopping by my channel. Don't forget to like and don't forget to subscribe. Also check out some of my other videos that I've done on generation one transformers, modern era transformers, and Toyhacks Reprolabel sets. Once again this is Patriot Prime. Hooah!


So what happened to me earlier today on stream I just had to share with you guys because not only was he absolutely hilarious at the time but it was also heartbreaking I mean he is me five hours into a stream killing the same captain over and over and over again me and my stream considering quitting because we think the loot pool has been nerfed and the legenders have been taken out of his loot pool I mean it's just like crazy obviously we're joking we know it hasn't but still the amount of bad luck we were having not just me a lot of my stream too we actually fought at one stage people can fly have taken the legenders out of the captains a loot pool considering how much is getting killed and farmed so here's me five hours in considering going off for the night continuing the next day all of a sudden I kill the captain and I see this gold yellow shiny thing pop out of the enemy fly up into the air hit the floor and split into two ammo boxes now if you've never watched my stream which I will plug by the way I stream every single night out riders catch me on my channel right here on youtube but if you haven't seen I've got kind of a reputation uh misidentifying loot sometimes greens to me do a lot legendary especially combined with the red around your screen when you're dying you do get that hint of legendary same with whites and blues sometimes now I get trolled a lot by my chat because sometimes I go over the top when a green does look like a legendary and I think the game has absolutely robbed me but the instant you're about to see it wasn't only me that was screaming and shouting it was my stream too to a point of we actually all fought a legendary first pup to add this enemy and turned into two white ammo packs in midair and hit the floor now I don't know what this is it could be a bug it could be a glitch but all I know is after watching this video hundreds of times sharing it on twitter discord you name it it does seem as though what is first a legendary changes in midair and turns into two white ammo packs I wasn't going to make this video on this before if it why not something funny to share with the world especially my live reaction on stream because I was gobsmacked but yeah guys tell me your thoughts on this down below within that comment section it's clear it wasn't a legendary it's clear it was always two ammo packs I doubt legendary is changing midair even so after five hours of streaming I thought anything was possible so yes if you enjoyed the video leaving a like really helps out tell me your thoughts on this down below and hopefully people I will see you on that next one world tier 15 is going to be one every 15 minutes yeah imagine she stormed redneck I told you I wasn't getting back on until you got one you ain't playing for weeks and mate the way it's going for me any exp swimming in those epics I can't wait because some of those epics looks so good that looks so good oh zero f given that's it man I think it's because I skipped yesterday no that was that was yellow people that was that was the yellowest thing I've ever seen that was the yellowest thing I have ever seen no no that was yellow it changed in midair that changed from a legendary in midair and dropped into two ammo's I don't care what no one says I'm not colorblind I don't care that was a facking yellow that was a legendary I don't even try and tell me in chat that it wasn't it was clearly white I don't want to hear that I don't want to hear that I don't want to hear I don't want to hear it I don't want to hear it don't even say it see see yeah even andrey thought it was mate that was 100% yellow I get trolled so many times in this shit game I'm not peering it until it drops me a legend though classic joker dot get not having it not having it not having it people check this out hopefully you can see it I'm not having it not having it make this full screen as well maybe we play this from the beginning people you're telling me you're telling me that's yellow that's yellow all the way up to the top it comes out of him goes up yellow and turns into some else more because even a blue pops out at a different angle the blue is not even a part of it it's two whites the blue comes after the blue comes after the blue comes after the blue comes after that is that is that is the most I've ever been scammed in my entire life I can't believe that I can't believe that people I can't believe that people you even do now shitting how I got robbed