Coming up on DTNS, location tracking is more precise than you think. Airbnb isn't a real estate broker, or is it? And a win for everybody who hates robocalls. This is the Daily Tech News for December 19th, 2019, from Studio Redwood, I'm Sarah Lane. I'm Shannon Morse from Studio Snubs. And I'm Roger Chang, the show's producer. Producer. Roger Chang. Roger Chang, everybody. Before the show, we were just talking about flight plans and landings and Shannon Morse's ham radio name and all sorts, all sorts. It's called a call sign, Sarah. A call sign. Yeah, well, I've got a lot to learn, clearly. Lots of good stuff happened on Good Day Internet before the show. You can join in on the fun by becoming a member at patreon.com slash DTNS. A quick reminder that Tom Merritt is out. He's on vacation starting today. We're missing you, Tom. But we've got a great show ahead. Let's start with a few tech things you should know. A regional court in Frankfurt has banned Uber in Germany. Taxi Deutschland, the plaintiff in the case, had argued Uber does not necessarily have a licensing to offer passenger transit services and rental cars. Drivers aren't returning to Uber's headquarters after accepting a ride request. And drivers received jobs directly in the app without at first being received by the company. Taxi Deutschland seeks provisional enforcement followed by fines starting at 250 euros per ride, up to 250,000 euros per ride in the case of repeated offenses. Yeah, that's a lot. In 2015, a German court forbid Uber from letting drivers use their own cars. Uber did not respond about whether it intended to appeal the ruling. Yeah, Taxi Deutschland saying you're not acting like a taxi company. Ooh, you should be fine. Tevo announced a $3 billion merger with Xperia. If you haven't heard of it, it's an audio, imaging and computing company. The Xperia name will stay, but will also sell entertainment services under the Tevo brand alongside Xperia's own DTS, HD radio and IMAX enhanced brands. The new company will hold over 100,000 patents. So you can see where the merger comes in handy. Also patent applications with minimal licensee overlap. CEO of Xperia, John Kirschner, will be the new CEO of the new company. Tevo CEO, David Hull, will continue as a strategic advisor. Prior to the announcement, Tevo had said it planned to split itself into two separate companies. Well, it's another day in another breach. No surprise there. Around 170 million Zynga users may have been compromised by a September password breach, according to have I been pwned, which would rank the Zynga hack as 10th in all-time largest hacks of user information. Back in September, Zynga did tell affected users that login information for certain players of draw something and words with friends may have been accessed, but the size of the breach was not disclosed. Yeah, a couple words with friends, friends. I know who's still playing. I was like, better change that password. Not kidding. Google Stadia has acquired Montreal-based Typhoon Studio, a game development house. Stadia wants more internally produced talent to create exclusive content for the Stadia platform, which launched in November for early adopters. All right, Shannon, let's talk about Facebook wanting to build its own OS. Yeah, so interesting. The information reports Facebook is working with a co-author of Microsoft Windows NT, Mark Lukowski, to build a new operating system for its hardware like Oculus and its augmented reality glasses and get them off of using Android. Facebook's smartphone apps will remain available on Android's though, so they're not cutting Android out. And Facebook's VP of hardware, Andrew Bosworth, said the company needs to make sure that the next generation has space for them. And quote, we don't think we can trust the marketplace or competitors to ensure that's the case. And so we are gonna do it ourselves. So in other words, Facebook does not want any future issues with Google to derail development in their space. Yeah, and it doesn't sound like they're really mincing words. I mean, they didn't say, hey, if we go to war with Google, it's going to hinder our VR plans and make it hard on us. But that's essentially what Bos was saying. And I think that makes a lot of sense. I'm not sure why they've chosen, the person that they've chosen to helm the operation, but he certainly knows what he's doing. I wonder, yeah, what that operating system is gonna look like, how Facebook will build its own other services, you know, and also offshoot brands like Instagram, you know, and its own messaging app and its various privacy settings into stuff like this when it has complete control over its own OS. But it makes a lot of sense that the company would want to do it. Whether or not it's going to come off without a hitch, yet to be seen. Yeah, definitely yet to be seen. It's not surprising that they're choosing to do this since they do want to kind of get off of Android. And it's also not the first time we've seen a company decide to build their own operating system. So this shouldn't stress anybody out if they are really in tune with the Facebook development or they're really interested in developing with Facebook on top of their own brands because it's likely that they will still use some kind of backend that we've already seen like Unix or like Android SDKs or something that's very similar. So hopefully when it comes to a consumer market for consumers, at least the user interface will be something that will be easy enough to use.  Exactly, yeah. So we'll see. It's going to be pretty interesting. Not that I will use it necessarily, but I do want to make sure that Oculus survives because I have been a long time friend of Oculus itself. Well, there you go. And yeah, Oculus has definitely been named in something that's it's going to enjoy the new operating system when it drops. In other Facebook news, but this is very different, Facebook responded to an inquiry from Senators Josh Hawley. He's out of Missouri and Chris Coons of Delaware about why the company tracks user's locations even when the user's tracking services are turned off by those users. Facebook's letter explained in response that it can estimate user's locations used to target ads based on what they tag in photos, where they went, or the device's IP addresses, even when those users have chosen to reject location tracking through their mobile OS. So not even within Facebook through the OS itself. The company said this information is helpful. It can alert users to when their accounts have been accessed in an unusual place somewhere that they probably might not be. Also helps to cut down on the spread of false information. The lawmakers now say, no, Facebook should give users more control over their data. This is not a sufficient explanation and are urging Congress to take further action. Shannon, what do you think? I mean, I think Facebook, they make a couple of points where you go, okay, that would come in handy, but this sounds more like they just wanna keep tracking people and be left alone. Oh, of course they do. As somebody who does not have Facebook installed on their phone and chooses to only use it from a desktop when I'm at home, their location tracking is something that I have definitely had a concern about. But with that said, I'm also very aware of the fact that they use face matching when somebody takes a picture of you. So if my sister has Facebook on her phone and she takes a picture of us while we're out at a restaurant, Facebook will probably be able to tag me based on my profile and based on the fact that I was with her and figure out where my location was as well. So just because Congress is looking into it doesn't mean that Facebook is already going to be doing some of that backend type of processing. But I'm glad that they're taking this step and taking that initiative to kind of put Facebook in their place when it comes to collecting so much data, especially if it's not extremely clear to users what they're doing with it and how that data is being collected. Yeah, it sounds like Facebook wants, hopefully the argument to fly that listen, the IP addresses and people tagging themselves in various places, those are just things that we can know. We're not doing anything illegal here. However, when it comes to Facebook and the size of the company and the fact that there have been so many privacy issues with the company in the past and the fact that the government really wants to pin Facebook on as much as it can, certain people in the government anyway. It is not surprising to me that the folks who had opened the original inquiry do not think that this is a good enough excuse. I hope they keep pushing it, to be honest. Airbnb has avoided more regulation by city authorities after the European Court of Justice ruled that it acted as an information society service and not a real estate agency. The court said the company did not need an estate agents license to operate in France since it was mainly providing a tool for presenting and finding accommodation for rent, not acting as a broker. The Association for Professional Tourism and Accommodation, that's AHTOP for short, had previously argued that Airbnb should face the same accounting, insurance, and financial obligations as traditional providers of real estate under the French ho-get law. Hopefully I said that correct and can lead to criminal sanctions for violations of real estate rules. This is kind of fascinating. Airbnb has had all sorts of legal troubles in various regions for different reasons. San Francisco, great example. The fact that European courts had ruled that it is an information society service and not a real estate agency. And again, this is the association that you mentioned, Shannon, was using a French law. So this predominantly applies to how it's going to go forward in France. But to me, and this is, I am somebody who has been an Airbnb user, staying at owner's places. And pretty soon I'm going to be somebody who will welcome people to my place. So I'm gonna be kind of on both sides of this. It is a little, I don't know if I buy the whole like, we're not a broker.  The whole thing goes through Airbnb. I understand the argument that this is merely a platform. The two humans will figure it out from there. Airbnb, all of your correspondents has to go through Airbnb. The insurance goes through Airbnb. The payment goes through Airbnb. It's not as if this is merely a platform that connects people, there's more to it than that. So is Airbnb, should Airbnb be treated differently than like hotels.com, which links you up with a hotel room to stay in? Because through that, your processing is also going through hotels.com, isn't it? I think it would be different, at least in the sense that it's two individuals rather than an individual in a company, whatever that company that owns the hotel would be. That's a good question. And I'm not necessarily saying that this ruling is wrong. I'm just saying to me, I'm surprised that Airbnb would not be considered a brokerage, especially because in so many cities, particularly in Europe, the cities are pushing back saying, you're taking up real estate. You're not acting appropriately and you have too much power. I know some places just don't even allow Airbnb's to exist because they don't want to have to deal with the insurance issues and accommodation issues and everything like that. So it is pretty interesting that they're treating it as a completely different service as opposed to a broker. And yeah, I kind of agree. I'm not sure if this was the wrong choice, but it's an interesting one to make. Yeah, absolutely. All right, the US Congress approved a bill on Thursday to better fight robocalls. Yes. Yeah. I love a good robocall story, especially when they go down. The telephone robocall abuse criminal enforcement and deterrence or traced act allows the Federal Communications Commission to find robocallers up to $10,000 per call going forward. Hallelujah. Trace would require major carriers like AT&T and Verizon and T-Mobile to deploy stir shaken into their network. Some of them have already done that in knowing that this is probably going to happen, but now they'd be required to, letting consumers know if those consumers are receiving a call from a number that the carrier knows to be spoofed. The carrier would know that because the technology allows the carriers to cross verify numbers on their networks to ensure that a call is coming from an authentic number or not. This is awesome. It's awesome. We've talked in the past on the show about the fact that Congress was trying to get this into place. The FCC has been very vocal about trying to get this into place. I would like to think that any robocaller that deserves a $10,000 fine and they all do because I'm sick of them are easily tracked down. Totally sure how that part works, but this is definitely a win for all of us who get eight phone calls a day from numbers that look a lot like ours, but are from people who want to sell us vacuum cleaners and insurance. And when it comes to letting consumers know if they're receiving a call, it's not obtrusive when that happens. Google Fi androids have been doing this for a little bit of time and I use Google Fi, so I'm aware of it. And it just tells you this might be a spam call and then you can choose to block it or not. And it's a very unobtrusive way, a tactic to make sure consumers are allowed their privacy and they don't have to be forced into dealing with a spammer, which nobody wants to deal with. So I'm happy that the FCC is making this happen. We've heard like inklings of rulings coming into place for robocalls, so they've really been focusing on it for the past couple of years and this is great, $10,000 per call. I know I would not want to be a spammer at all. I wouldn't even if I wasn't getting fined. But yeah, I went through the House of Reps, passed the Senate, expected to be signed by the president in the next week. Yep. All right, so California's new statewide earthquake early warning app sent out its first public alert for a magnitude 4.3 earthquake that took place in central California on Tuesday. More than 40 people received the warning, said makers of the My Shake app, which was created by UC Berkeley and released in October on Android and iOS. My Shake uses information calculated by the US Geological Survey's Shake Alert system, which gets earthquake sensing data from a network of hundreds of ground sensors along the West Coast. Earthquake early warning systems are able to send warnings about shaking faster than the seismic waves can move through rock. In Tuesday's quake, the system took 8.7 seconds to issue an alert, and the main issue is that people close enough to the epicenter generally don't have enough time to receive an alert ahead of time. Oh, Shannon. This is great. Well, I mean, it's a step in the right direction. It's a wonderful, I would say like a wonderful test of the system since it is a first time running and so far they've had a good response. So it seems like this is an excellent thing to do. I know myself like even the most recent earthquake, both myself and Sarah live in California and we both experienced earthquakes. The only reason I knew one was coming is because both of my cats stood up and they stared out the window and I heard nothing until it finally came. So previously cats were the only app you had. That was my app. And even then you didn't know if they were just being weird or not. Exactly. Yeah, growing up in California, I had been through lots of earthquakes, some very small, some kind of major. And the fear was always, well, you just don't know, it just happens, right?  And that is still, I mean, the window of a few seconds. And again, as the LA Times pointed out in the story, you know, that we got this information from, if you're close enough to the epicenter, the earthquake's gonna hit you before the alert does, but it does kind of ripple out over time. And so if you're not close to the epicenter, but it's big enough that it's something that you should care about, you might get that a few seconds ahead of time and it was a couple of really good ways that you could think of like, okay, well, if you really only have a couple seconds, like what can happen? Let's say a dentist is drilling into someone's mouth. Yeah. Or you have just enough time to maybe get away from an electric wire. Or get kids out of a classroom or under a desk within a classroom. That kind of thing you think, all right, this is worth it. Even if it's not gonna get everybody, if it gets some people, when I say gets means save some people, then that's a good thing. It's funny, a little funny anecdote. I used to take acupuncture for like, for years, and I loved it. And I eventually stopped going because I couldn't get out of my head that if there was an earthquake, I'd be alone in a dark room with a bunch of needles in my body. You know, cause it's like, that's a real thing. That's like a legit fear. That's a good point. Cause three seconds wouldn't save you. But again, there are definitely examples of this being super helpful. And the fact that it was built by UC Berkeley is, you know, it kind of gives it some cachet, some legitimacy. To get all the tech headlines each day in about five minutes, please subscribe to DailyTechHeadlines.com. Great little companion show. All right, Shannon, I'm so glad you're on the show today because I need your opinion about the New York Times opinions privacy project which had a lengthy write-up today about something that's going to freak a lot of people out and it should. The privacy project obtained a file of more than 50 billion location pings from the phones of more than 12 million Americans that were moving around through major cities in Washington, New York, San Francisco, Los Angeles, to big cities. Precise locations of phones over a period of several months in 2016 and 2017, it was provided to the Times by somebody who wanted to stay anonymous who says they had grown alarmed about how the data might be used. The Times said they spent months sifting through this data, tracking the movements of people across the country, speaking with data companies, speaking with technologists, speaking with lawyers and academics who all study this field and know what they're talking about and everybody said, yes, this is alarming. In the cities that the data file covers, it was tracking people from different neighborhoods, different blocks, people who live in mobile homes to people who live in high-rises. It wasn't just a certain kind of person. It was just a lot of people.  The searches included people staying overnight at the Playboy Mansion or going to the estates of well-known celebrities. The data, you might say, all right, well, where'd this come from? You know, maybe AT&T or Facebook or the government or who's doing all the surveillance? Originated from a location data company using software slipped into mobile phone apps. So, I don't, you know, I often laugh about these sorts of things, Shannon, and say, well, at least I don't have anything to worry about. But there is a lot of location tracking that normal people doing normal things say, well, that wouldn't affect me, but what if you're going to the doctor? What if a company knows that you might be sick? What if that would affect your insurance because of that information? And so on and so on. So, what are your thoughts on this? How bad is it? It's very, very creepy. And luckily, there are some things that consumers can do to protect yourselves. But I did want to focus on, you know, breaking down the story a little bit more. When they say it's 50 billion location pings for that 12 million Americans, that's not just people that live in those four different cities that they mentioned in the article. That's also people that may have been visiting the city or may have been just staying there overnight or going to a friend's house in the city. I mean, they mentioned the Playboy mansion, but that's also people that are going to and from their residences to their office spaces every day. And like Sarah mentioned, it could be somebody who maybe is going to see a psychiatrist or this kind of location could be used for abuse. It could be used by stalkers and harassers. It could be used by somebody who is just trying to create blackmail on a person. There's so many ways that location data can be sourced and abused against people. And just the fact that this information was released from somebody who was concerned to the New York Times should be basis enough to tell us that this information is not private enough. It's not being kept in a way that people do not have access to it because obviously somebody wanted to leak it to journalists to make sure that the news was out there. Yeah, I think a lot of location tracking and we talked about Facebook location tracking earlier in the show, you go, well, they want to sell you ads. They want to target the right ads to you to make you click on things so that the company gets more money. This feels very different than that. This feels like I'm going to catch somebody doing something. Now, the location company isn't necessarily interested in billions of what people are doing, but the fact that you've got that power to look up somebody's every move for a period of time, over a period of a year and where they went or maybe catch somebody else. That person went to your house. I saw them. I saw them do it. That kind of thing is the implications are so vast. It's mind-boggling. Now, the companies themselves, of course, they were offered the option to reply to the New York Times article. So we did see some quotes from them and their basis was, well, people do consent to being tracked, which you might in a terms of service, but who reads those? And that's assuming that the application, one knows that there's a location tracker built into their app and they weren't like man in the middle and had some SDK installed on top of it without their knowledge. Or two, they want consumers to even know in the first place. The company has also said the data is anonymous, which not necessarily so if it is linked up with an advertisement ID, which is the ID that's sent out to like marketers, et cetera, et cetera from your phone, you can disable that in the settings. But a lot of times people just don't know how and if that data is linked to the location data, it's not necessarily anonymous anymore if they are figuring out what profile, what Facebook profiles link to that location for that residence and that office. So it's very easy to link that information together. So it's not anonymous anymore. And they also said the data is secure. And well, I mean, it was shared with the New York time. So obviously it's not to mention employees could be financially capable by some outsider to take that data and siphon it out for them. There could be phishing attacks on employees. There's so many different ways that this information could get out there that the location data service companies should not be doing it in the first place. That's how I feel about it. And LDR, they shouldn't be doing it. Yeah. And you mentioned, you know, people not reading the terms of service and sure, it's your duty too. And if you don't, well, there might be something that you agreed to that you didn't know because you didn't read it because they're too long. But it is your duty to read it. However, I don't think even if somebody was like, yes, it's okay that such and such company is tracking me because, you know, it's gonna help, you know, with my, you know, how many steps I took today kind of thing. Like there's certain location things where even I am like, yeah, that's fine. You can follow me. But the location tracking apps or location tracking companies that get data from these apps that is not disclosed to us would cause me to think much differently. And that is not something that you get upfront. Yes. It's that convenience over security and how much security is worth your, the convenience in your life. Well, thanks everybody who participates in our subreddit. Lots of security stories there every day because we know you care about this as well. Thanks for submitting stories and voting on them at dailytechnewshow.reddit.com. Also, a lot of security talk in our Discord. You can join by linking to a Patreon account at patreon.com slash D T N S. All right, in the mail back today, Franklin from Chicago, Illinois wrote in and he was talking about our gift guides from Tuesday's show. He said, on a recent episode, you mentioned the value of extra charger cables as gifts. In fact, I think that was Tom. Chaffin, I hope I'm saying that right, Franklin. Chaffin says available through Amazon sells a variety of inexpensive charge only cables with multiple ends. So you can have a single cable that has a mini and USB-C connector, lighting connector, sometimes more than one of each type. They're nice cloth-bound cables and as charge only you avoid the need of grabbing a USB condom, he calls it, to protect your device from hacks hidden in public charging stations. I have several that I keep in my go bags for use when I'm on the road. Yes, they are USB condoms and yes, everybody should have one. Stay safe, everyone. Condom dongle, you know, I guess these terms can be a little borderline sometimes. Hey, thanks to Shannon Morris for being with us today, Shannon. This was, it was a perfect day for you because there are so many security stories happening right now right before the holidays, kind of strange Thursday, but you know, it's right up your alley. So thanks for being with us today. Let folks know where they can keep up with the rest of your work. YouTube.com slash Shannon Morris is the place to go. If you are interested in security and privacy with consumer technology, if you're interested in staying safe while you travel, especially during the holidays, definitely check out my channel. I've been doing a lot of privacy work over there, as well as snubsy.com slash threat wire for the news every week on security and privacy and internet freedom. Very good. Hey, want to thank everybody who is a patron of ours. All patrons, we love you. Big hug from us. DailyTechnewshow.com slash support is where you can learn more about joining our Patreon community. Hey, we wanted to remind everybody that Ritual Misery Productions and DiamondClub.tv are presenting the fifth annual Diamond Club New Year's Eve streamathon. Gosh, it's coming right up. We're ringing in the new year and every time zone with 27 hours of games. Well, they are anyway. I wasn't invited, but that's okay. I'm going to be watching because that's what I do on New Year's Eve. Live podcasts, talk shows, lots of good stuff. They're raising money through extra life to benefit the children's miracle network hospitals. So good cause. So if you're around, you want to come have some fun, help a great cause. The streamathon starts at 4.30 a.m. Eastern. That's 9.30 a.m. UTC on December 31st. That is New Year's Eve. Twitch.tv slash DC streamathon. Join the folks. We also have new Patreon Reward merchandise. We're celebrating six years of DTNS and Len Peralta. Our friend who will be on the show tomorrow created a six year anniversary DTNS logo. If you back certain levels at patreon.com slash DTNS for three months, you can get stickers, posters, mugs, or a t-shirt. Get the details at patreon.com slash DTNS slash merch. And our email address, if you've got feedback for us and I know you will always do because I read them every morning is feedback at dailytechnewshow.com. We're also live Monday through Friday, 4.30 p.m. Eastern, 21.30 UTC. And you can find out more at dailytechnewshow.com slash live. Tomorrow I am out, but Rich Strafolino and Amos are taking over DTNS and joined by Justin Robert Young. See you then. Well, I hope you have enjoyed this program.


Hi everyone, Joe for Jasper's casebreaks.com with 2015 Panini Immaculate Collegiate Multisport. One box random number block break number three. Big thanks to Tyler, Sal, Tice, and Ed for making this happen tonight, good little late night rally, I appreciate it. There are the numbers right there. Let's roll it. Let's randomize names and numbers three and a five eight times each. Up, two, three, four, five, six, seven, and eight. Got Tice down to Ed, three and a five eight times for the numbers one, two, three, four, five, six, seven, and eight. After eight times we got five down to six. All right, Tice with five, Ed with three, Sal with one, Ed with four, Sal with two, Tyler with nine, Ed, eight, seven, zero, six. Let's order these numerically. And while you're considering trades, generally usually not too many trades in a number break, but while you're thinking about it, let's see what box the diet chooses. One, two, three, four, five, six on the dice roll. Good luck boxes. It's going to be three. It's going to be three, one, two, three, four, middle box. Next one box break is in the store right now if you want to get after it. Any trades? Maybe not. Trade window going once, trade window going twice, TWC trade window closed. Let's print this out. Let's see what's in that box. If you guys right here want to rally around another box, there is one more in the store. I'd be down. There are the results. Good luck. I don't know what sort of paint or whatever they use on this, but it's really tacky. It's almost like a spider tack that you'd put on a baseball. Some people would put on a baseball, not me. I don't need the city stuff. Spin rate's good. All right. Good luck, everybody. We're going to lead off with Buster Posey. We go by that digit right there, so it's five out of 25 Buster Posey, Tice. Got Larry Nance Jr., nice, six out of 99 for Ed. Rookie card. Got a Josh Robinson from Mississippi State, 95 out of 99, Rookie Auto for Tice. Out of 99, got Florida State's DJ Store, baseball player DJ Store, 86 out of 99. The great thing about random number block breaks is that when there's a multiplayer card, we don't have to randomize it. Here is a triple relic, Aaron Murray, Chris Conley, Todd Gurley, 15 out of 99, Tice with the number five. We got a Buck Allen Relic, and that's 16 out of 99. That'll be for Ed in the number six. We got another Rookie Auto and another player from USC. It is Rookie Auto Nelson Avalor, 34 out of 99, Ed with the number four. The last one, we got a basketball player. We got a Rookie Auto, it's 10.99 from Syracuse, Chris McCulloch, nine out of 99. That's one for Tyler on the board with the number nine. There you go, gang. Nice little fun blast from the past, 2015 Immaculate Collegiate Multisport. We worked on that NT from the same year, and now we found some old Immaculate as well. Two more boxes left. The next one is in the store right now. I'm Joe. I'll see you next time for the next Multisport Break. Bye-bye.


Team keep it clean. Sorry for the spam of videos, but and this is about the same subject about the Dolphins trading Dolphins trading Jaya to the Eagles, but after doing some research and you can do a lot of research from the car now I think it's crazy. But anyway, I Wasn't sure what the Dolphins were trading Jaya for to the Eagles But what they were trading him for was literally a four. It was a fourth round draft pick So that they not giving up the Garrett plant. Well so far. I'm sure they're gonna make a roster move and we'll find out about that Later on in the day and maybe they may trade they may trade one of their players away for a draft pick Who knows but we'll see but They They traded dolphins They gave him a fourth round pick for Jaya Jaya a fourth round draft pick a fourth round draft pick Dolphins starting running back for a fourth round draft pick One of my boys who's a Dolphins fan. He said I give up on the dolphins.  So I I don't know what to call them for doing that trade except the Miami Dolphins. I don't get it I don't understand maybe after after you lose to 40 to 0 to one of the teams. That's definitely not the best in the NFL Maybe that sparks a message, but I don't know man. This is that's crazy. I still think it's a crazy trade But shout out to the Eagles man Eagles are not playing around They already had a group a great team now to try to make them even better So shout out to the Eagles I know Eagles fans got to be loving every second of this because one they've been winning with the team that they already got and Then two they're still adding pieces to the winning team that they already have so shout out to the Eagles man, these dudes are these dudes are doing something right now and they are They going all in for this thing man, they going all in for this thing and I ain't mad at them I'm not mad at them. I'm happy one team that don't usually have success have success and Eagles are trying to have success and maintain success and keep on having that success and have even more success So shout out to them man. Do it.  She'll pop up. Whoa, where she go man. She disappeared me Let's go to the side of the walk in the middle of the street anyway Shout out to the Eagles man. Y'all are doing some things in Dolphins fans Whoo, I don't know what to tell you


Okay, let me know if you can hear me. This is like live TV Retake hear me. I have no idea what happened That was strange, but apparently I'm here. Okay, let's start all over Even though what I said was very good Welcome welcome to make twenty thousand dollars a month trading with thirty minutes a day with a proven system The system is the system that I trade my name is Melissa Arma and I own a company called the stocks So today we're going to talk about my method to trade and if you have any questions You can email me at Melissa at the stocks wish calm after this event tonight So as I was saying what we're going to talk about is the first 30 minutes of the day That is the very important time that tells you what a stock is going to do in the day Also, it tells you more than that It's it's it's telling not only for what it's going to do for the move the momentum of the direction But it also has the Most the biggest gains of if you're a day trader that you could take within that day to take the trade and the entry Now it's up to you if you want to be in it for 30 minutes and then get out Or if you want to stay in it longer, we're gonna look at some trades today that went on past the 30 minutes But I am dealing in an ideal world. I would be in a trade it out within the 30 minutes every time I really like to be done quickly. It's just a thing and The luckily the strategy that I focus on is gaps which happen into the open, okay? Now I am a day trader. I trade the US stock market You can trade many many different types of things in the market in the US market But if you're looking to be a day trader, I really feel that this is the time of the day that counts I really feel like this is the time of the day you're gonna get the correct entries the momentum the volume all The things that you need to make money as a day trader because remember a day trader you're chunking it out You're actually taking the trading you're chunking out the money every day, and that's how it adds up So that's how it adds up to be You know substantial where you're making $20,000 a month or more You chunk it out by taking quality trades being very focused and very specific and even so specific That you are focusing on the time of day. So it is about being Serious serious about what you do and doing it consistently. I've been so serious lately that it's like I've never been more serious about my trading the amount of risk. I'm taking this year is the most I've ever taken in the Seven years of trading and also I'm trading actually less. I'm trading less stocks and even like Thursdays where I don't trade I'd like I didn't trade today. Okay, if I don't see the setup That I don't take it and that's how you get the consistency to actually get to this level of income There are billions of dollars in the market. So, you know that it's possible for you to just make 20,000 That's like a smidgen. It's like a baby amount It's like a teeny weeny bit of money if you look at the amount of money in the market So it's possible It's just that many day traders are focused and not only that they have no idea what to focus on So the key to day trading stocks successfully is to trade a system that is reliable and proven Do it every day and not to deviate from it The success or failure of yourself as a day trader has a lot to do with the quality of your system Meaning if you're doing something, you're not making money Then it actually might be that your system stinks It might be El Stinko and I don't I don't know but you know, I know that Finding a good system can be challenging for people because there's so much out there and you got to like filter through it You almost have to be like a filter where you're filtering through the information to find something That just drives with you and you see it and you know and you just know you just know then that this is the thing That you want to do for me. It was the point where one of the days I traded I made this is really early on in my trading was like the beginning of 2009 I'd started trading at the end of 2008 and I made like $5,000 in one day when I trade When I traded a gap and I was a short and it was a short and I loved a short and then that was the end of the line For me. I was cooked. I was done. I was toast. I was gonna trade I was gonna trade this thing and I was gonna figure it out and I was gonna short and I was gonna do gaps now Obviously at that time I didn't know what I know now But I thought I did and I kept trading and then I realized I did know everything But I knew that there was something to these gap things because of the amount of money that I made in the time That I made it in in the open. It's in the open. It's between 9 30 and 10 and that is the piece of the time of the day that I have really learned how to train and determine directional bias So how can you become successful day training? Well, it takes more than hard work to become successful as a day trader and I'm really actually in anything and And to be able to make $20,000 a month. That's that's a living. Okay, and it takes ingenuity It takes a detailed plan of action to train the number one key ingredient to becoming successful as a trader is having a Specific system and strategy that can offer you reliable and consistent profits on a regular basis Trading success and financial success and the market is by pure design You have to go into it and say I'm gonna do this and this is how much I'm gonna make today boom So what does it take? It really takes having a niche which which I do but if you want to trade like everyone else out there your results will be like everyone else and Quite frankly a lot of traders lives But if you want to have outstanding results in your trading then you need to be different You need to grab hold of what works and learn from a trader who has a special talent for reading the market Which which actually I do and it's because of the way that I read gaps actually Learn a methodology in a system that is unique and and and I have a unique method I have unique method and a unique strategy that I and I alone created and it is called the golden gap reading system It is a 26 point checklist Now I just did a class this past weekend the next class isn't till October more than a month from now But I did the class this past weekend And you know what it's it's interesting every time I do the class I Have people that do the retakes because you're allowed to retake my class for free once you sign up the first time And then I have people that have that how are brand new when I do the class and and every time I do a class People learn something even if it's the retakes and and you think that this is something I say gosh 26 points It's like that's a lot But the fact is actually if I could come out with a thing that had 56 points I would do it and you know what that I never get it wrong but the reality is that 26 is fine and it's it's you have plenty of time You don't need that much time three to four minutes to rate the gap if you're new and I could do it like in a minute or less But I'm telling you that the more you do it the longer that you do it the better that you get the better you get the readings So I just telling them up and total told everything and that's how I do it So it's about focusing on the right time of day with the money Because if you focus on the right time of the day with the money You will have the consistency that you need and what tells you that the gap Okay, now what is a gap? We're talking about the fact that I have a niche It's because I trade gaps and why do they work? Why does this method work? What is the 26 points? What does it even mean? It's looking at institutional money gaps are created with large institutional money That is what makes the gap the professional gaps that happen and play out in stocks are formed by one thing and one thing only large Institutional money banks hedge funds in the market Therefore you need a way that will help you pick the correct direction to play the gap and confirm that the large money will Flow with it by having a formula to rate and qualify the gap You get confirmation and conviction that the large institutional money is on your side And then you play it gaps are an event and they create a sense of urgency That's an action is being forced by participants of the stock This is why gap trading is incredibly powerful Which which it is because you can't make this much money this quickly within 30 minutes in any other strategy Okay, and it's because the momentum from the money comes into the open of the institutional money Okay, trading loan and gaps is a powerful and profitable way to trade because you're trading on the side of power money What is it about? It's about the focus you stay in balance and the focus So my win ratio is one of the reasons why I'm very successful Now if you want to look at it just break it down if you if you Want if you're law if your wins are more than your losses Then you should meet a profitable trader. In other words, let's say your wins are 51% 51% of the time you win and 49% you lose lose Theoretically that you'd be successful you'd be up except for the fact that guess what it costs money to trade meaning you have to pay the Broker you have to pay commissions you have to pay a platform fee you have to pay for things actually that costs money in relationship to trading So it's like not enough Really to be profitable at 49 51 So you have to look for something that has a high success ratio And my system has an over 80% success ratio. I Get it right a lot Well, that's one of the reasons that I'm can make this kind of money because you can't have that many losses number one That means that many days of the month. You can't be down At all and also on top of that you have to have big Updates that's another important thing to and then the third thing that you have to have is the days that you lose You cannot lose a lot Now I know that's a problem for some people But to be honest with you if you want to do well those are the those are the key things. It's money management. We'll talk about later So predicting events beforehand in the moment for profit is something that I really do well Now I'm not going to talk in depth here about the market But the reality is the US stock market in the ETS and the spine the QQQs are actually higher I actually hire will make a new high for the end of the year I'm probably one of the only person that's saying that right now This is a chart from a few days ago might have been even Monday But today the market really showed even the strength in itself because it's been holding the last two days Very very nicely and very very bullishly even though we haven't rallied like a crazy person We're holding and I'm able to predict events before they happen. In fact, I'll predict right now I'm going to tell you right now the market will make a new high this year and both the spine the QQQs before the end of The calendar year 2015 I'm probably the only person on the planet saying that but my ability to be able to predict events before they happen is because of my ability to be able to Read gaps and charts and it's so important. It's actually like the most important thing that's in a chart So how do you make good choices when you're trading? How do you find the quality trades by using a proven system proven system that by the way is my system that can tell you Not only how to day trade but how to read long-term trends and that's how I'm able to read and predict the market and You can go back on YouTube and you can watch you can watch every market video I did for the last two years and you'll see how I predicted everything the market's done So let's talk about the system It's about the how one and when how do you make money in the market you trade a strategy in a system That is highly profitable golden gaps are highly profitable strategy because they focus on large momentum to trade What stocks should you trade stocks a gap and rate 20 points or more for the 26-point rating system top of this a little bit More later you trade the gap though in the direction of the gap in other words. I'm looking to short a gap down I have to rate it. It has to rate. Well, but if it does and I'm shorting it When do you trade them you trade them early in the morning on the open when they set up and trigger and that's where the Money is when the institutions are dumping the stock or they are buying the stock Into the open so following a system is really how you make money this quickly And it's the only way to make money at all actually even if you're patient And you waited all day to four o'clock to make money You still have to have a system or it just wouldn't even work or it just wouldn't even even work Now this was a trade from last week. It was a nice nice short This was rad and going back to what I was saying just two seconds ago At the fact that you could do this for a day trade, which was the day that I did this I didn't do anything with this at all After the gap, but the fact is the stock continued and it went to the target for the swing trade I have a swing trade letter this went to the target. I didn't in the swing trade, but I actually like the day trades now What happened here? You've got up in the morning. You looked for the stock You looked in your scanner the stock closed here in a gap down Close here in a gap down and then you would rate the gap and I predicted that it would go to this target In fact, I predicted exactly but I will tell you actually got out of it before the target because I'd like to be out Quickly if you held this past at a clock though, you actually got it to the target It went there to the penny to the penny that I said that I predicted it and there it is It was a nice trade. It is a nice trade and this is a short So I shorted the gap down in the rat now. Let's go over the play How would you do this? Why would you do this because you learn take my class and you follow the system and you rate the gap? The gap has to rate 20 points or more per the 26 point rating system Or you're not gonna short it if it does you will short it if it doesn't you won't do it again Back to the money management Don't do anything if there's nothing good Here's the one-minute chart stock gap down rallied the short was in here I just squished this because I wanted you to see the whole thing But the reality is that this was the short and If you get out of this into the first drop into 10 o'clock You had a beautiful positive day now if you held it for an hour and already 45 minutes or so You actually made more money But if you wanted to be done in 30 minutes you got the move and you got paid now if you took an arrest I'm saying a risk between four or five six hundred dollars Is what your risk really needs to be to make? 20k a month, so I'm telling you that's what it has to be now I'm risking more than this and I did in this trade, but I'm telling you if you want to do The monies of the 20 grand a month you've got to be risking four five six hundred a trade These are the parameters now if you short the stock at eight dollars and eleven cents the stock was a 20 Okay, and you got out and by ten you could have made one thousand two hundred sixty bucks Time and trade was 30 minutes You could set a clock and say I'm in and I'm out, but ten o'clock you can do that every day Now I will tell you like I said this continue and you would have made more money But I actually took more size than that in the racks I actually had ten thousand shares of this and I made thirty two hundred dollars for their bounce, okay, and And this time period this is it I just was in and I was out and so and to make 30 minutes to make thirty two hundred dollars and thirty minutes is It's phenomenal actually that's phenomenal So this is a reason that I love to trade actually and this is the reason why actually It doesn't bother me if I don't trade a day like today because if I don't trade today because there wasn't anything good I won't give this money that I made back and so the lesson to be learned is that When you're moving forward you want to make real money in the market where you keep it and you pay yourself you have to Only do stuff. That's good You can't just be taking pot shots and I usually do one trade a day Maybe two but usually one trade a day is all that I do now if you held the trade Which I didn't but if you risk six hundred dollars and held the trade You may know almost as much as I did actually taking it in 30 minutes So you would have had to be there for one point four five hours But I will tell you that actually you could have a six hundred dollars and made almost three grand in this trade If you held it all the way down, that's amazing And the reason is why because of the fact the stop the stop was only ten cents It was a baby stop and rad and not only that it went to the target and why why did it have a good entry? Why did it work on the day as a short? Why did it go actually to the target that I said in the room and run in the room on the day? And I actually said seven sixty five in the room I wrote it through the line of training with me in the day I write the exact numbers of the targets and the resistance and support it went there Why because of the gap rating because of the 26 points because of the strategy because the gap was good Because it was the pick. This is where the niche of the thing that I do comes into play This is why I have a successful business. This is why I'm training for seven years now successfully This is why all of this. Okay, this is why I make three grand in five minutes.  And so that is how you're doing it. Okay Now does anyone have any questions about rad have any questions any questions at all about this trade before I go on I wish you could see me now, but there's just no way to have my webcam up in the PowerPoint They don't coincide and I don't want to get booted again But does anyone have any questions everyone it's very very quiet tonight. Am I boring you as everyone falling asleep? Should I have more caffeine? Is it because it's late? It's everybody in bed. It's it's kind of six here in New York Have any questions maybe the mic isn't working. I don't know Alright, let's go to the next chart here Getting back to what I was saying This kind of trading Okay Can be duplicated over and over you are looking for the very specific trade It's the right pick and you have to look for it every day when you get up You never know you never know if you're gonna have a good one if you're not gonna have one You just you never know day after day What does proven mean and this is part of the title of the lecture it means consistent and reliable and This was a nice trade back here from the beginning of September. This was September. I think this was 11th. Yeah This was FNsR. Okay. This was another short that I did this goes back again to the Reliability and consistency of doing it you you know that if you get up tomorrow You'll have a good one and if you get up the next day and you don't have a good one You're okay with that because you know the market will give you a good one the next day And this is where you feel you feel a reliance. You're it's a partnership with the market You're doing your thing the market's doing its thing. You got to wait for the right ones and the market actually then what happens Is it instills confidence and conviction in you when you prove that you have the discipline and patience to wait for the good trades So why is the golden gap 26 point rating system consistent and reliable because of the power of money? That's what happened with the rad. It's sold off on the day That's I made money shorting it and actually just bled right down to the target We didn't take the entry I did you really didn't get in it power money The market is created by institutions who set the tone for stocks move on the day If you become a specialist and defining what institutions are buying or selling then you will have a huge advantage in your trading power money Sets the trend makes the trend and changes the trend in charts Now we have a question here Jovie is asking me about brokers for shorting if you want to email me directly I'll refer you to a broker that I'm trading at now and when I traded that previously I used to trade at a prop place. I don't anymore. I'm at a retail place You have to determine what's best for you the proper the retail obviously you need more money to trade a retail account as to be a pattern day trader but The prop place I would refer you to Has a good short access as well. Okay, because you have to trade it at broker that has good short access If you want to do my system of which I can recommend to you and there is quite a lot out there actually All right, good question anybody else you can ask any questions And they'll send you Information about the commissions and stuff like that. I'm not a broker I just teach you the strategy, but I can recommend the places that have the shorts Actually, you know, what's funny of all the years that I've traded. I've only ever been at four places a Lot of times actually Traders are at they skip around they go from place to place to place to place to place You know what and I used to be at this place when I first started out And then I ended up going prop because I was losing too much at the beginning and I needed my money So I needed the leverage so then I switched to prop and then I ended up going back to retail Once I became profitable and back to the original place that I originally started, but the funny thing is that That's actually pretty good. I've only been at four places in seven years going on eight That's like that might be a record because most people actually jump around like a lot Trying to get deals and wheels and steels at different Commission things.  You got a bazillion brokers to choose from just change a Lot of people are married to their platforms and married to their brokers. Yeah, I'm hey, I'm not married to my broker I like them. They're good. I'm there. I'm happy. Everything's working fine. But if something happened that was a problem, I'd leave That's that's the truth. So I mean, I'm not I'm not married to anyone So you got to do what you got to do to make the money Even if that means you have to go someplace where you have to pay for a platform fee Sometimes people are like, oh, I can't leave because I'm in love with the jiggies And I and I can't get this platform at the other place or if I move and they're gonna charge me $250 a month So what if it means you get the shorts you can take the trades You're gonna make way more than 250 or 450 or whatever you're paying for the platform And not only that it means you can't trade on days to get the shorts You got to be at a place so you can take the trades and if that means you have to pay for the platform or learn a new Platform that that is what you have to do If you are not trading on the side of power money in the market You will have a hard time seeing lasting and consistent success in your trading You have to learn how to read and trade to the side of institutional money Institutional money is in charge of the market and stocks at all times and at the end of the webinar We're gonna talk about something with the market to remind me here without this so to make it in this business as a day trader You cannot lose a lot. I was talking about this earlier The bottom line is you have to win way more than you lose and what does that mean? That means you have to win more days than you lose and you also have to Not lose a lot on the days that you lose in other words Let's say you only lose two days a month It doesn't mean a hill of beans if the days that you lose are massive losses They'll wipe out the gains you made in the rest of the 18 days So you have to have a set amount you're willing to lose on the day when you call it quits I mean everybody has a bad day once in a while, but you've got to know when to stop Okay Anyways getting back to it you've got to win more than you lose That's the only way to know that you're making the consistent profits and a strategy that works And you also have to win big and you have to be right a lot and what helps you with this is the 26-point rating system And it's a checklist. It's a checklist. I do every morning and you can do it at night You can do it at night. Why because stocks gap at night. There are some stocks gapping right now I'm gonna wait to the morning, but the bottom line is you could rate gas at night You can do them in the morning or at night now What is a 26-point rating system tell you it measures the gap by rating them on the daily chart to find stocks to trade That have number one a high probability of directional bias for the entire day number two a big move on the day number three early confirmation of the bias and the move between 9 30 and 10 and number four precise entries with follow-through and a good risk-reward target potential Which may mean that you have to stay in it past 30 minutes You might get 80% on the move in the first 30 minutes It's up to you if you want to kill it or take it out Then I usually like to get out unless I have nothing to do and I'll hold it But I will tell you that sometimes he's going to dream targets and you may have to stay in it past 30 minutes That's up to you, but you get 80% of them move into the 30 minutes And that's what's good about this and not only that you can be done Done with your day your work day go on do whatever you have to do. Okay. That's an amazing thing about this So it's really about Correct trade selection. That's how you know when you shouldn't trade.  Your brain doesn't know what to do when it gets up in the morning and rolls out of bed It doesn't have what I call an instinct That's something that I have like I can't if I try to sell it to you and followed it up I couldn't and if I would I charge a million dollars a bottle the reason that I can make Incredible calls that no one can make is because of an amazing instinct that I train my brain Right to read gaps in the market and I am not doing stuff That's the opposite and what you're supposed to do So that I either look for it and see it or if I don't I don't do it Now this is because of the way your brain works Okay So this is above and beyond the trains the charts the money everything else the way that your brain works to see something to take it to have a hundred percent conviction to know is Because of train I've trained my brain like I've just if you could live in my brain You would see things. This is how I'm predicting what the market's gonna do I can see it Because I've trained my brain so well to read gaps and how money moves in the market and it's the price It's the price. I'm reading the candlesticks, but I'm reading it live But it's in the gaps in the price and the movement of the money that's in the market And if you're if you're doing everything under the Sun 25 different strategies, you're going long You're going short. You're buying down.  You'll never have the edge. You'll never have a niche You'll never see a trade and say I'm gonna take this trade and risk $2,000 I'm not gonna be out in five minutes and make a million dollars You'll never be able to do it and if push comes a shove and you have three things to look at it We won't pick the right one and it push comes a shove that you ever get to the point of Getting to make this money and beyond by the way You won't you won't because of the fact that you haven't trained your brain right because it's about the risk You're never getting away from taking risk in the market. There's nothing you can do to get away from it You have to take the risk if you want to profit and what helps you do that you train your brain You train your brain it alleviates the fear you move past the fear of it You forget about the past and the trains that you took that you lost to the market or classes You took you didn't learn anything from you don't even care And you know why you don't care because you know how to do it and all of a sudden you're like who cares about what happened before I know how to do it now and that's all that matters and I'm moving forward and you do it But what happens is that many people just don't train their brain. They have no clue how important that is I Understand that's why I'm teaching people and they're successful and also that's one of the reasons them successful myself All right, getting back to this training successfully means focusing on taking trains with institutions Me and the side of institutions increases your odds to make profits because institutions make stock trends and the market Which I love Institutions move stocks either up or down if you want to get paid and the key is to be in the trade with a large directional moves If you are trading with institutions that only are you on the side of momentum You are also trading with professional traders as an individual trader You'll be more successful if you trade like professional even if you just work for yourself And I don't care if you work for yourself and risk $50 a day or work for yourself and risk $5,000 a day if you can afford it The idea is that you have to be acting like a professional The reigning system looks at 26 points of the daily chart of a stock the rating system is a checklist The checklist tells you what to look for in the price of the stock to read the direction correctly And and that's what you have to do. You just follow it and do it That's it. The points tell you where the money is flowing. Why does this matter? So you know a direction to take the position to profit and you stick with it and you don't deviate So what do you need to do to make trading work? Number one a strategy which is golden gas, which is what I teach in the golden gap course This was staples. It was a gap down that happened yesterday stock closed here and gap down It was a bearish gap. You could have shorted this number two What else do you need you need a system to follow with rules for the picks? Only trained gaps that meet the criteria of 20 points or more if there are none you don't trade like I didn't trade today You take the gap in the direction of the gap long or short of the meets the criteria in the direction of the gap and no Deviation that's how you train your brain, right? You follow the rules. Not all gaps are good They must meet the criteria. You don't do one if you don't get it and that's it Okay, and number three a method and a structure to enter and exit the picks this was staples You need a reason you're taking it Where's the entry? Where's the exit? Where's the time of day? I want to get in again It's within that 30 minute period You're looking for the entry which I teach in the class the time of the day It's just a really big factor and making money as a day trader And if you don't get the time right you're screwed and and you'll be chasing chasing chasing all day to try to come Back losses from the morning are trying to make money or find anything good and all of a sudden it's four o'clock It's four o'clock. And what did you do you didn't you didn't make any money that day? And you might have even lost and you might have lost like the days that you actually made the money Because again, you can't have lost days that are bigger than your wins And number four what else do you need to be successful monetary goals per day per week for trade? Goal should be based on a risk unit which should be based on account size and monetary weekly monthly goals Goal should be three risk units and average that should be your goal Some days you'll make one some days you'll make two but your goal is always three some days you'll make six Some trades will be more than three hours Some will be less if the train fails you only lose one risk unit and that's another good thing because they use the stops And you take the stops and there's no deviation from that the the reliability really is with sticking with one thing daily and I Just can't tell you how much that makes a difference. You don't have heavy commissions then with a broker You you would be impossible for you to have big losses if you only did one stock a day You'd have to trade it 50 times for you to have some big loss now Now maybe you did it twice on a retake or something But the bottom line is like it would it would it would actually be hard It would actually be hard for you to lose money if you only had one stock a day that you traded You'd have to be in and out of it 7,000 times and I'm not saying people don't do that There are some people that are crazy enough to do that But if you stick to one thing your losses should be limited lo not that many in the month And not that many lost days where you have any big lost days, okay? And that's what helps you get to the 20,000 a month. You have a couple days You make really good money chunk it out the rest of the time. You don't have that many losses You lose two days a month. It's one hour here one hour there That's it and this is how you put it together now Let's look at the staples the staples was a gap the stock close to your gap down This was yesterday and staples actually went to the target yesterday and beyond and it actually was a short And it was a gap down and it was a short you could have shorted Here is the one-minute chart in the staples you could have shorted staples here And you could have gotten immediately out in the first 30 minutes now if you wanted to hold it It actually went to the target it went past the target and this is one of these things where You know like I was saying if you want to hold it longer you can Really the target was 1250 it actually went past it price of the entry though for the first trade was 1313 Stop was at 1335 risk is twenty-two cents If you take the advanced risk here where you're trying to make the 20k a month That's your goal So you have to have a risk that aligns with that 400 500 600 has to be in this range 3000 shares exit at 1280 you made almost a thousand bucks In 30 minutes. This is not to the bigger number. This is just the morning. You're out by 10, boom Okay, so you have to sell it for the morning main almost your thousand dollars you ran to the gym now if you wanted to do Something different and hold it you could have But that 30 minutes a day is the time that matters into the open that I find the most consistency With the stocks with the gaps with the entries with the numbers with the moves and I can figure that and I'm doing the trades And I can tell if it falls up a planet in 30 minutes I can see I'm gonna get in that time if it doesn't fall off a plant in that time period Then I make it out and then my day is just done, but it's a nice choice that you have Now does anyone have any questions before I start to talk here a little bit about the market? Just talked and talked and talked there. Does anyone have any other questions? Anyone have any other questions Joe V was the only one that asked a question Anyone else all right, I'm gonna keep talking now. Let's talk about the market So we were talking earlier about institutional money and the power of that and what it really means as everybody knows if you've traded and if you haven't traded before and you're new on the day of August 24th the The US stock market had a gap in it. It was a big gap The market closed the night before this isn't the QQQs around 102 and it opened at 94 dollars So the market gap Now you could have rated the scout to short if you had rated it per my 26 point rating system Guess what it didn't rate as a short meaning that didn't tell you to short it But I didn't buy it. Okay. I did not buy it. This goes back to the training of the brain. Okay now Hold on Joe is a question another question. Oh, Joe is saying do they know how to ask a question? You're familiar with the platform It seems like the open shot is blocked in order for the guest to ask a question I know That's a private chat you buy. I have no idea Kathy what you have. I have no idea Kathy. How you set it up Can people ask questions or not here? I? Didn't realize that Joe was private chatting me actually. That's funny. I Have no idea can people ask questions or not Kathy? Bubba says the moderator has disabled messages and sounds I thought people could ask questions. Am I talking to myself here though Kathy? Can you hear me? Hold on. Let me ask Kathy because we have time here. I'm what we put it on here Kathy's gonna get back to me on that. All right, we'll find out. Okay. Well, we'll find out Kathy's gonna get back to you about that in case people do have questions that they couldn't ask them They should be able to ask questions or to try now to chat in the room There we go. I had no idea That was hilariousness. It took an hour for anybody to say anything And is there anybody here is the mic on I'm like action. That's funny. All right, there we go All right, if anybody had a question, but I think previously You can go back and ask me or Something now. I had no idea. Sorry, but thank you Joby for the information Going back to okay. Now we have a question here. Eric has a question. What about selecting stocks would be self-sufficient? Yes, you will be self-sufficient You can use the scanner from your platform or you can buy a scanner You will find the gaps either through your scanner with the platform or you will purchase a scanner the scanner itself Will give you gaps and then you rate the gaps. You don't need me for that You all you have to do is find gaps and then you rate them you learn in the class everything you need to trade by yourself You learn in the class how to actually rate the gaps You have to find the gaps in a scanner or your platform which is easy And then you rate them and then you learn in the class how to do the entries You have to wait to the stock opens at 930 to see how it's gonna set up I teach six different entries in the class. You don't know which one you're gonna get in any day You don't know until the stock actually opens But I teach you everything in the class that actually you can learn how to do it Joby one surprise. I can give you a trial in the trading room the rest of this week and next week. How about that? Happy birthday. How long does it take to rate the gap? If you're new like I was saying three four five minutes per gap But you're not waiting fifty gaps in the morning.  You say, oh, this one looks good This one looks good. This one looks good, but you didn't rate them yet And so then you get a group and you have a group together five things and then you rate all those five So if it takes you five minutes to rate five How long is that it's 25 minutes? So then you have to you have to give yourself at least you have to start by nine o'clock. I Mean you should be Sitting at your desk. If if you're not your desk by nine o'clock I wouldn't trade your trade even if you don't even do gaps You should be your desk at nine o'clock the market opens at 930 and I start looking at things just because of the way that I am Usually, okay, this is what I do Well, I don't I don't really look at stuff at night unless I feel like Motivated to do a video if I don't do a video at night or something or something that I really really want to do is Gapping which is not tonight Then I will just not even look at anything and I get myself 24 hour break from charts I actually think it's like really important then I get up in the morning before I go to the gym at 5 a.m I look and see what anything's doing or 6 o'clock whatever time I get out of bed And I look then I see whatever's going on and then I leave it go to the gym And I come back and then I make breakfast and start scanning and as I'm making breakfast and watching TV. I'm scanning And so I start to do that about seven thirty eight o'clock So you don't have to do that for two hours, but I run a live trading room. I'm very focused on what I do I'm really really into what I do So that's what I do Yes, that's what a gap is a gap is when the stock closes at one price a night before it opens the next day And by the very essence of the fact that it's gaping you would you would have to look at the post market or the pre-market That's the only way you even find the gap Excellent question Ross. He asked if I'm looking at pre-market gaps. The answer is yes, and he gets a point He could surprise because that was a good question because that's the very essence of what a gap is Obviously, I'm rubbing off on you people All right, let's get back to this and any other questions while I'm talking about this this Was a swoosh now I teach this in the class, but just very very quickly The the market swushed it did a stock swush It did the stock swush the day of the 24th of the gap It's it was crazy, but it did it now. What did it do after it swushed it? negated the swoosh It rallied over the high of the swoosh and actually the market got bought Now the low in the market on the day of this low is eighty four seventy one ish or something and it has held Market hasn't gotten anywhere near there by the way Quickly quickly quickly I don't have my charts up and I got to finish the power point somebody tell me right now Somebody look it up in the queues. I want to know what the low is in the market since After the gap quickly tell me the number I want the low in the market and after this After this somebody gave me what the last low was after this in the market really quickly right now because I just thought of something And I don't want to take this off or I'll screw up the charts What is it somebody look it up for me gala had anyone I actually don't pay for a special scanner I have just a scanner my platform. We want me to be honest with you I did pay for a scanner at one point and then I felt like it was duplicate and I said this is a waste Everything I had was in the see if somebody can tell me that anyways the reality was that the market got bought And it got bought with power money So the story the moral of the story is that the market's higher And that it takes a lot of power money That'll let a money period to buy a swoosh Which is what happened so the swoosh got bought It negated the swoosh it rallied over the swoosh because the actual bar here is ten dollars So a ten dollar amount of selling from the gap actually from one or two to let's let's go to the whole thing One or two up here where it closed the night before and then all the way down here at 84 something or whatever This is massive selling that happened. I'm counting the gap in the move in the swoosh But I'm telling you that's amazing because it got bought it got bought all the way through and that takes money This would not have reverted the swoosh without buying And that's very significant Not I wanted I wanted not this day joe. I wanted after that. So somebody said 90801 Okay, so it actually was the day after We've not even got any close to that That's okay. This is I have to look at the chart here. Let me finish through here. We may or may not have time I I there's something here that I see and if we don't have time tonight, you know what? I'll do a video go to my youtube site right now and subscribe to the socks or should youtube Kathy plop it in again I promise I will do a video because I'm thinking something else here. That's not going to say what I'm trying to teach you So I have to bring the chart up but in any event go subscribe because if you subscribe then when I do the video You get a two email. That's not going to say what I was trying to teach But we have time we'll do it tonight. If not, I'll just do a video All right, getting back to what I was saying what helps with successful profits in a system. It's money management That's that's how you do it and you can't be afraid to take a stop You've got to be deliberate in your trade choices How do you do that? You've got to get conviction in the method that you do it so that you can stick with the trade And do it and part of this has to do with the proper education If you have the proper education you can do well And and you can do well You've got to learn a system that has an edge for profit And I have that system If you want to go back and watch all the videos I did on youtube if you subscribe all of last year 2014 into 2015 You'll see that that I've called the market well And and I'm telling you now the market will make another new hype for the end of the year So the system is proven in the sense that I've made predictions that have turned out to be true In the longer term And also on the day So you can use the golden gap rating method for day trades Or swing trades or even core trades personally like the day trade It's about creating a plan of action to achieve your financial goal of making 20 000 a month trading because that's a lot of money That's actually a lot of money to make if you're no matter what you're doing It's a good amount of money that could actually support you or family. And so you you can't just Gamble to do it you have to say you have to go laser focus the way that I Described it and that is how I treat and if you don't see it you don't do it Otherwise you just go after it hog wild Now I teach a class a class is called the golden gap course It is a class that teaches one solid strategy to trade gaps effectively by reading the side of power of money and charts The course teaches how to read support and resistance to take positions in the right direction The course teaches a more proficient and advanced way to read charts Focusing on technical analysis and gaps the course teaches how to get conviction in your trading in the market as a source of wealth By trading with the side of power for consistent profit Ultimately, you really have to start somewhere and this requires a plan of action What is your plan of action like right now this second and right in the room everybody What is your plan of action till 12 31 2015 with your trading does anybody even know Like I actually have a plan of action in my head like I didn't write it down But I actually have a plan of action in my head. I should I should write it down I'm gonna write it down over the weekend But I have a plan of action like I want to make this much money for the end of the year boom Okay, you have to start somewhere You have to make a thousand hours a month before you can make two thousand three before you can make six six Before you can make ten I mean this is how you do it You have to be consistently profitable as a trader if you want to make it And if you're not consistently profitable then you need to have Something that you're gonna do To fix the situation Because if you don't have a right plan of action in place and a reliable system The market will just take your money and I don't want that to happen to you So you have to learn something good you have to focus on the quality You cannot lose a lot if you want to make 20,000 a month trading That means two things getting it right many times in a row not losing too much in one trade if it doesn't work out And in taking the stops and the stops help reinforce the discipline behavior And I do it. Do you know that I had 10,000 shares or add with the stock with the stock? And and it held it at work. I made money in the trade But if the trade had stopped me out it would have gone through the stop And I would have been hit out with that share size it would have hit me out And I might have done that slippage with that much Size I divvied it up, but the reality is that I'm always going to trade with stops Unless one day I decided to run a hedge fund and I can't I mean I'll have a paper stop, but It's really about the quality not the quantity and some days you may even have to take a day off And like I said, I didn't trade today. So looking at the market and the cute cute cues. Oh, here it is I don't have to here. This is what I was trying to say Well, see this chart. All right, let's just look at the cues. The other one was the spy the low Since the day and then I call this the anomaly So since the day of the anomaly The low in the cues is Not only more than 50 above the actual move of the drop It actually has held the close of the day of the day of the anomaly That's actually the low This is such great stuff people. I really You learned something here. What did you learn? Here this is actually I actually taught Kathy something now Now I feel like this was the whole thing was worth it the whole night was worth it If I taught Kathy something if I can get you to trade I've done my job. That's it. I'm done And Kathy's actually taken the wealth out of the station class I can't even take it so many non trading classes. All right, let's go back to what I this is just the point That the point is that the that the market that the cue cue cues gap down It's swushed. Okay. The swush was bought Not which I just showed you because the charts look very similar in the cues in the spot Okay, came in rallied held closed closed in the day of the anomaly Then it gapped up the day after the anomaly of the gap down Which was not a good short for my 26 point rating system or rated 16. You shouldn't have shorted it I didn't go long it But the market gapped up ran right on the day held held in the middle of no man's land and actually held the close Of the anomaly day and back has held that it's actually held It's held for since a month. It's a month. It was august 24th to tomorrow is september 24th This we will not go through this. We will not break this. Look at that. Look at that. Look at that Look at that and I just saw that now. I just thought of it in my mind I'm like wait a minute. I want to look at that to see if this really and it did and see this is what I'm talking about It's like I know I know what the thing has to do And then if I see it and like oh my land did actually did it And what I was thinking and I wasn't even thinking this but now that I saw this It gives me a hundred percent conviction the confirmation We really are higher what you already knew but the point I'm trying to make is that from the high of the day of the anomaly And the low of the day of the anomaly We actually not only go over it We haven't even traded 50 percent pass through it again even squiddling around because we've really gone nowhere since then But I'm telling you we're higher, but I'm saying the confirmation is we've been squiddling We've been we've been squiddling around but we haven't got anywhere near even here We haven't gone anywhere near even here.  And we've actually had some bearish gaps. This is a bearish gap. This is a bearish gap This is a bearish gap. This is a bearish gap. We've had this is a bearish gap We've had bearish this is a this was a bearish gap right there The day after the this of the third day after it got down. Is it there? Oh, no, wait a minute it gapped up Wait, hold on. Let's count them one No, here's one two One two three five six. There've been six gaps since the down gap Six down gaps in a month And we've held this area And we haven't got anywhere near 50 percent Which we could have become in a retest at You know how my mind reads this stuff and knowing knowing knowing what to look for knowing what to look for that tells me that strength I'm reading the strength. I'm reading who's the control and and the power of money and control in the market as the bulls And I just told you all the reasons why without knowing anything at all. And so there you go. Boom You just got some really good information from me tonight Now let's talk about a plan of action in place number one trade only golden gaps a rated corn in the 26 point rating system So that you have a high rate of success in directional bias, which I teach in my class Number two you get the best entry you can with precision Early in the morning to get the good risk to award trains 3 rs is what you're looking for every day Number three you create a money management plan for yourself to achieve your goal of banking 20,000 a month day trading And number four you be in a live trading room with me daily and do my calls and only my calls And the reality is if you want to trade on your own you can but I will tell you that my calls are good And you learn a lot from me in the room if you take the golden gap pass You're eligible to sign up for the live training room You cannot sign up for the live room without having taken the class you can do a trial for one week That's it except for jovi is getting a present he gets a week and a half And the other guy who actually give a question to russ email me, but you have to actually Do the class to be in the room But if you want to do the class and trade on your own go for it I encourage you to do it.  This is a good webinar So let's talk about the golden gap course the golden gap course teaches a 26 point Rating system to find the best stock to trade each day The course teaches what direction to play the stock It also teaches you how to play the stock on the live day and take the entries and exits The class teaches you how to read institutional positioning in stocks The golden gap course teaches you how to day trade gas, which is very important It's a reliability of the 26 point rating system You've got to give yourself a chance to earn the income you desire in 2015 You've got to work smarter not harder with what you're doing and let me tell you something It's almost the holidays. It's it's I can't even believe it like it's fall here in new york It's beautiful. I love the weather, but I can feel the snow. It's right around the corner I'm trying to enjoy every nice day that I can right now I'm telling you before you know what it's going to be the end of the year before you know it What is your plan of action by 12 31 write it down? You've got four more months less than that three and a half to make a starting amount of money in the market Or figure out that you're going to learn how to trade a new system like mine before 2016 So that 2016 can be a great year for yourself because time keeps ticking The market keeps moving Life keeps going on and the longer you wait to make a change in your trading or your life or learn something new You're just losing time You're you're not getting any younger Okay, none of us have time to waste. I don't have any time to waste Okay, and that's why I'm doing what I'm doing right now with everything with my career You've got to make 2016 a great year and you might need to prep yourself like now Prepped learn it do it start to get going practice Take the small risk to work up to the big risk so that by come january You're ready to go to risk five six hundred dollars in a trade and start making this kind of money You have to think about how badly do you want it? This really has to be you my wish for you is that this is you because this is all the losers This is everybody this losing This is where you need to be. This is where I am Obviously, that's why I'm a I'm a happy person But it took me a long time to get here. You don't have to go through that what I did But you do have to learn something so you can get to this point So I'm powering yourself today. I teach a class. It's called the golden gap course. It's a complete system to trade I teach all the pieces of the puzzle you need the 26 point rating system the entries the exits the targets Everything you need to swash to actually trade and I even talk about the brain in the class too The class is called the golden gap course It is a full two-day course and how to strategically find pick-and-place stops that are professional bearish gaps Now I do teach a bullish class the dates for all upcoming classes are going to be my website by october 1 And the next october class for the gap class is actually october 17th and 18th It's 90 m to 5 am eastern time Cost of the class is three thousand nine hundred ninety nine dollars. However, if you sign up by september 30th You will pay 3499 No exceptions. So if you want to do the class and sign up by the 30th Then you can pay 3499 you can save five hundred dollars. Okay email me for the sign up information If you email me for the sign up information, then you can sign up by the deadline I do not have the registration information yet on the website. It won't be there until actually The website is complete and done Okay And my email again is melissa at the stocks wish dot com So I teach a class. It's called the trends course. This is a course on how to read stocks trends and charts The cost of the class is 999 if you're interested in more information Email me at melissa at the stocks wish dot com and I also have a special to be signed up for both by september 30th You'll pay 39 99 for both classes for two classes and save 500 dollars So remember think about the things I said tonight. Thank you for coming everyone I do do bullish gaps, but only occasionally I prefer to short I might do three or four bullish gaps a year gordon I just prefer to short or gourd. Sorry Have a great night everyone. Thank you all on trader central. Good night


So as soon as I saw the poll which showed Nina Turner having a 35-point lead over her opponent Right then and there it became evident to me that the Democratic Party Establishment was going to get very active in this race and they were going to try to do whatever they possibly could To try to stop Nina Turner So they brought out the big guns and by big guns I mean Hilary Clinton and she came out to endorse Nina Turner's opponent now this Backfired because this ended up being one of Nina Turner's biggest fundraising days ever And the same was true for Jamal Bowman as well So this predictably backfired and it's like Democratic Party operatives Haven't been paying attention and they don't know that Hilary Clinton fell out of favor with the Democratic Party base Regardless though the effort to try to stop Nina Turner is now serious So now it's time to sound the alarm and now it's time for everyone who's just been sitting on the sidelines to actually get Involved and sign up to phone bank for Nina Turner canvas for Nina Turner And if you can spare a buck or two to try to make sure that this victory is Hours because this isn't going to be a foregone conclusion. Yes, she does have a lead But a lot can change when you are working Against this establishment machine that will do any and everything that basically has unlimited pockets to try to stop Someone who they view as a threat And now all of the corporate lobbying class has come out against Nina Turner now for the scoop on this We go to the daily poster where Andrew Perez and Joel Warner explain as progressive icon Nina Turner racks up local endorsements and surges in the polls in a closely watched congressional race Washington lobbyists and business-friendly Democrats are working to try to block her victory in the August 3rd Democratic primary for Ohio's 11th Congressional district last week Secretary of State Hillary Clinton endorsed to Turner's opponent Shantel Brown and what observers saw as a response to Turner's Association with Bernie Sanders on that same day lobbyists and the corporate-aligned Democratic House coalition Hosted a fundraiser to boost Brown after a poll sponsored by Turner's campaign found her with a commanding 50 to 15 lead in the race Punchbowl posted an invite last week for the fundraising reception Honoring Brown Representative Pete Aguilar of California a caucus vice chair of the corporate new Democratic coalition in the house was listed as a special Guest at the event the coalition's PAC new dem action fund was listed as a host the fundraising invite says the host Committee in formation for the event was protecting our vote federal PAC a voter rights oriented political action committee The organization has an affiliated super PAC called protecting our vote PAC that has made small independent expenditures supporting Brown The super PACs treasurer is Marcus Mason a corporate lobbyist who is also listed as a host of the event Mason's clients include Fox News parent company Fox Corp private equity giant Carlisle group Student loan servicer Navian the National Alliance for Public Charter Schools tech giant Google and gig delivery company door-dash Every other host named on the fundraising event appears to be a lobbyist to Virgil Miller lobbies for oil and gas giant Exxon mobile telecom firms Comcast and AT&T pharmacy chain CVS health and Door-dash Nicole Venable lobbies for Apple Bay or McDonald's and Navian She also represents the business roundtable a lobbying group for corporate CEOs and surveillance software company Palantir Jerome Murray lobbies for the American Investment Council a trade group for the private equity industry He also represents the powerful drug lobby pharmaceutical research and manufacturers of America as well as drug makers Pfizer M Gen and Abvy Individually Brandon Garrett lobbies for Walmart American Airlines FedEx Nike and the managed funds Association a trade group for hedge funds Dante Smalls as a lobbyist for UPS So basically lobbyists who represent a plethora of sectors in corporate America are all coming out against Nina Turner These anti endorsements tell you everything you need to know about Nina Turner and say a lot about her opponent who was previously begging for Super PAC donations and so if you want Nina Turner to win You can't just bank on that one poll that shows her ahead You have to fight because if corporate America can they will sing Nina Turner's campaign and yes It's Nina Turner. She is a warrior. She's a political behemoth having said that though This isn't going to be an easy race and it never was so a poll might be a little bit Deceptive in a way because it shows her in the lead But then people might get complacent and that complacency leads to defeat and I don't want that to be the case Look, I feel confident. I feel optimistic, but I don't want to take any chances I think that we need to pretend as if it's the case that Nina Turner is actually 35 points down not 35 points up We have to have this mentality that it's not over until it's over until it's called And so if you truly want Nina Turner to win which every single person on the left should Then now is the time to get involved because the claws are out And they're coming after Nina Turner because they do not want her in the house of representatives So that really tells you that if she is elected what kind of a politician she'll be if every Lobbyist from all these industries is coming out so forcefully to try to stop her. It says a lot