Okay, can everybody hear me? Excuse me, let me know if you can hear me and see the slide, Kathy. Okay, great. Okay, you're starting about a minute early, but that's okay. Oh, okay. I'm gonna welcome you to online checker central. Melissa, you can take it away if you found it. So much, everyone, and welcome. Thanks for being here this evening. It is Monday, November 12th, and we're getting into the end of the year. So this is a good topic for tonight because I'm going to talk about how you can earn a living day trading. So some of you have been day trading already. Some of you have never day traded before. It doesn't matter. When you're getting into the end of the year and you're starting to think about your New Year's resolutions for 2019, it's hard to believe. We're almost at 2019. You may be thinking about, what did I do right this year? What do I wish I wouldn't have done this year? The stakes I made, things I did well. Am I happy with my current career? Do I want to change jobs? So this is a good time to kind of reevaluate because you have about a month and a half to decide before January 1 if you want to trade, okay? And I always encourage people, you know what, the sooner you jump into the market, the better it is because everyone has a learning curve. Everyone that I've ever taught has a learning curve. Even people that have traded for 30 years that come to me have a learning curve about my specific strategy. Now, if you're here and you want to type a question in, see where I just wrote hi, you can just write it in the room, okay? And I will answer the question and say it out loud, okay? So welcome, let's get going here. How can you earn 420 year day trading stocks? And is that even possible, all right? This is me, if any of you have seen me before, you know I appear on Fox News and Fox Business Network and a few other channels too. However, I started the stocks which about six years ago and started trading 10 years ago. So it's been a long time coming for me to get to this point where I've really just, you know, when I get up in the morning and when I look at the market in today's example because the market gap down today and fell where I'm just in sync with what's happening. And we'll talk about that a little bit more here tonight and we have a chance we'll look at the market. So if you'd like more information about what I do, you can email me at melissa at the stockswush.com or call me at 929-3200 gap. And you can also follow me on Twitter, Facebook, YouTube and Skype. So have you ever thought about day trading for a living? Maybe you have, maybe you haven't. Maybe you've thought about it, but not seriously. So I've talked to a lot of people in the six years since I've had this whoosh and some people are serious, some people are lucky lose. And I think you gotta look at yourself in the mirror and be honest with yourself even if you don't wanna be with me and say, am I serious about doing this or am I just kind of sort of casually looking into trading? I've gotta be honest with you. If you wanna be successful, you must be serious. You will not be successful. In fact, you will lose if you are casual about the idea of trading because the market is something that a lot of people attempt to trade, a lot of people attempt to do. A lot of people wanna be successful at why? Because of the fact that there's unlimited amount of money that you can make in the market and the only limitation is you, okay? So the more serious you are about it, guess what? The more money you're gonna make. Of course, you have to have the proper education. It's good if you have a mentor, which I am for people and we'll talk about that a little bit more here as we get along this evening. So there are many, many types of traders, okay? But we're focusing today on day trading. That's what this webinar is about. If you have been trading the past, you know that there's different kinds of traders, between traders, day traders, part-time, full-time, options traders. Think about that as I'm talking here tonight.  What kind of trader are you? And also, what can you really afford to risk per trade? And I'm not talking about risking the farm. I don't suggest anyone ever do that. I don't care if you're the best trader in the world, you should not risk the farm in any trade. I'm talking about normal, normal where you can sleep at night if a trade does not work out. You have to be realistic with yourself and you have to be normal. And I'm saying that with the assumption that you know what I mean by normal, but normal is not stressed out, okay? So think about the amount of money that you can afford to risk where you're not gonna be stressed out, all right? And also what size account can you open? Again, not stressed out. It's important for you to know which category you fit into as a trader and also to set the proper expectations for yourself. Before you even begin though to risk any money in the market at all, you should have a strategy that you follow which we're gonna talk about tonight, how you can make this kind of money and then we're gonna go over a trade from last week. And again, having a mentor is helpful. I don't think it's required. There's plenty of people out there that are successful trading that don't have mentors but I'm telling you it's easier. It's easier if you have one, all right?  So if you are thinking about doing this, I'll tell you right now, the strategy I trade is called gaps. If you've never heard of me before and I'm gonna talk about that here in a little bit. But gaps typically set up in the morning. They can happen at night, they can happen in the post market, they can happen in the pre market and I'm looking for setups to take the trade within the first 30 minutes, preferably of the day. Maybe the first 60 minutes but really the first 30 minutes of the day is when I'm looking to get in something if I don't see something, then I'm not getting in it usually. I prefer to be done trading by 10, 15, 10, 30 Eastern time, okay? I'm in New York. Now, a lot of people come to me and they go over what they wanna achieve, the amount of money they have, their goals, what they wanna do and I said to yourself, be realistic with your goals. If you're realistic with your goals and the amount of time that you want to achieve them then you can do it. If you're completely unrealistic then guess what? You're probably not gonna achieve your goals. Now what would be an example of that? There's a lot of companies out there that teach different trading methods or styles. Some people don't really teach strategies. They just teach you kind of how to look at the market. We candle six, read different indicators. I don't do that. I'm teaching you a specific strategy that I created. Yes, it's based on gaps. Yes, you've heard of gaps before. However, I teach people a 26 point rating system which is mine, okay? Which is I created myself about 10 years ago. And so if you have these goals and you want to achieve these goals, more power to you. I have goals, I have dreams. I'm constantly working towards them myself personally. Many, many different things. However, you have to be realistic with them. The problem is that a lot of people wanna believe that it's possible to make 400 grand a year or 100 grand a year or any money at all with extremely unrealistic expectations. And so I try to be completely upfront with people with the expectations. If your expectation is that you're gonna open up an account with $500 and make $100,000 in three months or even in an entire year. I'm telling you right now that cannot be done and it is completely unrealistic. So you have to start from a place where you are in touch with yourself and in touch with the reality, in touch with your dreams but also in touch with the reality and know that you can achieve your dreams as big as they are but the timing of them may vary according to whatever your expectations are. So you must be realistic with them. So you must look at the amount of money that you have and where you can start today and how are you gonna grow that money to reach your goal if your goal is in fact to become a professional day trader, to support yourself, to make 400 grand a year or any money at all, okay?  Angry at anyone, angry at the market, angry at stocks which have no feelings at all. They get upset, feeling betrayed. The fact is the market can provide for you any income that you desire but you must understand how to trade it and you must also have realistic expectations within that. So even though we're talking about how you can earn a lot of money tonight, guess what? You're still gonna have to risk a good amount to earn that money and guess what? If you don't have it, you can risk less and guess what? You can still profit. Whatever amount of money you have, if you know how to trade, you can profit whether it's small, medium or large and I have a lot more videos actually on YouTube that you can go and look about tonight if you have time after the webinar. So getting back to what I was saying, I'm trying to look at that first part of the day. I'm in that morning period and I work from home. So you could be anywhere in the world and trade. You don't have to be in New York. That's a nice thing about trading. You do not have to actually go to Wall Street, sign in every day, go through the security system, go through the whole shebang which is quite a process now ever since 9-11 to get into the New York Stock Exchange if you've ever been down there, been down there a few times but you can do it from home as long as you have a brokerage account where you can trade actively day-trade stocks specifically short and have an internet connection you can do this and you have to have charts. Now here's an example of a chart.  It's a stock symbol. We trade a different symbol almost every day in my trading room. This here is a daily chart. So you can set up any time you want. Weekly, monthly, daily, 15 minute. This was a really nice gap from last week and I'm going to explain in a minute to you what a gap is. However, I want to point out that it had some follow-through. So it had really nice follow-through here. So a gap is the difference between the close and the open. So this stock closed here and then it opened here. So here is one day, here is a completely separate day. Here is the 7th of November, here is the morning of the 8th. Then we have the 9th and then we have today, which is Monday. So when you get up in the morning, if you want to learn my method, you're looking every day trying to find the best stock to trade. One stock, one ticker symbol, preferably. Now, does that mean that I always do one thing every day? No, some days I end up having to do two. Why? Because maybe I watch three things and two don't set up, one sets up. Maybe one sets up and fails. So I'm very focused though on one or two things and a lot of people that trade the market over trade. I close the trading room out in the morning, usually by 10.30 in the morning, Eastern time. And for the most part, I only want to do one thing a day. In other words, if I take a morning trade right out of the gate, say I'm getting in something right away. It's 9.35, 9.40, 9.45. The market opens at 9.30 if you don't know it. Say I get in it, I take it, I'm in, I'm up, boom, I'm out. Okay? In an ideal world, most trades that I would take, I'm in and out very, very quickly. Now this happened to be one that went longer. I'm gonna go over this example.  If I'm up, if it's taking longer, but if I have to go somewhere, if I have to be on TV, then I will exit the trade. And if you have to go somewhere, do something then you can exit it too. Just the idea that you have the choice. But if something's going and I'm, you know, don't have anything to do, if I'm not on TV, if I have no commitments, then I will stay and let a trade play out, okay? But the reason I'm showing you this is because I want you to see something called selling. Okay, it's selling action. Now for example, this stock, I don't know the exact close here, I'm not gonna pull it up, but it was 34 something. You can see here that on the day that the stock gap down, it opened at 30 something. So without being completely 100% exact, it gap down and dropped $4 plus. And you may say, well, that's, that's a little bit, maybe it's a little bit, maybe it's a lot, but guess what? If you own that stock, it's not a little bit, it's actually a lot, okay? Because for example, you might have, let's just say you have 2,000 shares of it. And let's say you bought the stock the day before. Say you bought it right at the day before and you bought it right at $34 and you have 2,000 shares, guess what? You could end up in the morning and that stock is down, you're down $4 times, actually I'm gonna write this in the room. $4 times 2,000 shares equals what? And let's, I'm just gonna make this super duper, super duper easy and say this is a cash account and say this is not a margin account just to make it easy. Can anyone answer that mathematical equation question right there? And this is again, assuming no buying power. I'm quizzing you, if nobody knows I'll answer it, but if you can get your brain working, it might help you learn something here. If you're in something and you get up in the morning, you own 2,000 shares and you have a cash account and it's not a margin and you're in it overnight and guess what? It's down $4, what would you be down? No one has any guesses? Oh, and there's a lot of people here. No one has any idea? Anyone, Gala had Tom, Selva Doc. There's people here I don't know. If this is simple mathematics people, four times $4 times 2,000, pretend this is you. It's a horrible situation, but if this was you, then I just saw you sign in there. Gosh, I haven't seen you in 100 million years. If you own this stock at 34 and you get up in the morning, you had a cash account, it was at 30 and you were down $4 and you had 2,000 shares, how much cash would you be down?  Your account's negative. Pretend your account is negative. Pretend you have a cash account, it's negative. Gala, are you here? How much money would you be down? I'm quasing you people, but somebody's gotta know the answer to this here tonight. Kathy, wow, this is really easy. There, Gala had just gave me the answer. Congratulations, Gala had gets around to the pause. Okay, there we have SilverDoc answered, Irwin answered, Kanti answered. Maybe there's some kind of delay with hotcom because all of a sudden I see answers. Shoot, I was a little bit concerned. All right, everybody got it right. Shoot, I was quite concerned there. So $4 times 1,000 is 4,000. So $4 times 2,000 would be 8,000. It's $8,000. So if you were long the stock, you would be down $8,000 and you would have two choices. You could send the money to the broker. The broker could allow you to hold the position if you sent the money right away and probably wired it in that second, the second that they contacted you or maybe they wouldn't even give you the chance to do that, I'm not gonna be honest with you. The broker might just kill the position, take all the money you have left in the account and then request you to send the difference, whatever it would be. So this is what happens to people, people, all right? And so therefore, you have to know what is created is something called panic. Anyways, let's look at the tree. So if you have people you know, obviously let's hope that was not you, let's hope you didn't have 2,000 shares of it and you didn't lose $8,000. Let's say you just looked at this as a normal trade, you day trade, you don't de-swing trades, you would never get caught in something like that but somebody else you know did and people do. So then you take the trade here and the day trade in CTRP and you get up in the morning, you rate the gap and this graph rated as a gap from my system to actually short. And when you short a stock, guess what? You're shorting selling action. Now you can short selling action or you can short shorting action. However, in this case here with CTRP, guess what? It was both. And the reason I can tell that is because you can see the follow through continuation the stock dropped for three days. So you could have done a put, you could have day traded every single day and you also could have done a swing trade in which case you would have shorted the stock as a swing trade. So let's just go back and talk about the very first day in here. Stock dropped fell, boom. You could have played this here short, okay? Then it followed through the next day. So this is four o'clock Eastern time, boom. Get up in the morning. You can rate this gap and it's 9.30 AM. This is a 15 minute chart. Stock drops, falls literally all day.  This was the first day. This is the second day I'm talking about with a trade and then the third day was today. Usually I will tell you that the biggest, biggest, biggest moves though do happen the first day. I mean that's just a sidebar there, but it is true. Occasionally something will have a secondary large move which this did, but it was a baby move today. I gotta be honest with you, this even looks lower now. Three days down it still looks lower. Anyways, here was the trade. Entry was, first of all, I rated it in the morning 23 points. That's a good rating per my system. It's 26 points. Then you would short it, shorted at 27.10 with 4,000 shares. Now this is an advanced risk because we're talking about making an advanced amount of money. Again, you can cut it back, but what you can afford is what you should be risking. There was an ad where you would take more size, you double your position at 27.02. It's like taking two trades in one. Price of this then, you pulled your price down slightly 27.06, quantity of the shares 8,000. And then the exit was really nice here, more than a buck. And again, this trade did take several hours. Not that you would have had to hold it. You could have taken this trade and been out quick in a move. But this was one where we were discussing this in the trading room and Friday, and I was available to trade in Friday or was not on TV. And I felt that close to 26 was a number. I didn't know if it would get exactly 26. I was thinking 26.20, 26.25, 26 dollars. But as the day went on, the market was falling, it was very obvious it was gonna get to 26. This actually, I think the low of the day was 25.70 something. I have to go back to look, but this was a really nice exit in here. And profit in this trade was what? 8,960 dollars. Now, what if you took half this? You still would have made over four grand. What if you took a quarter of this? You still would have made over two grand. So you can see here that getting the right stock symbol, the pick is key in order to be successful trading. And obviously, you have to get in the right direction. If you went long CTRP, you lost, all right? So the reading system, which is what I teach in my class, tells me and gives me 100% conviction to know what stock to trade number one and number two, whether to go long or short it. And this stock rated very high. And you can see here what happened. And the example I used, I could have made up a different example. I could have made up a hundred different examples. But I made my point and those of you that answered got what I was trying to say. I hope, okay? A lot of times you have to think through these things intellectually. And many, many, many people that trade do not actually use common sense to trade or think through things intellectually. They think they're being smarter than a normal person when they're looking at Fibonacci's or indicators or all these kinds of fancy, dancey things in their chart that make them feel smart and important. But they're missing out on the real basic thing that actually makes them intelligent, which is reading price action, which is reading buying and selling and knowing when it's gonna come in. Now, this stock very well could have flipped. What do I mean? The stock gap down here, again, I don't know the exact gap, but it was approximately $30. It came into the support. The stock could have rallied and filled the gap, but it didn't do that. And how did I know that it wouldn't do that to know to short the stock? Because I have a system where I'm looking at something called institutional selling for shorts or institutional buying for going long. So I never, ever, ever go long a stock, which this was a short, but I never go long a stock unless it is institutional buying coming into it. I never short a stock unless it is institutional selling coming into it. And I predict that in the pre-market, in the gap, all of this, you may understand some of it. You may understand none of it. You may understand everything I'm saying. The point is, if you get the stock in the right direction, you can make money. And that is the key to success. If you have everything set up ahead of time, knowing what you're looking for and knowing what you're trying to do and you take it with size on the open, I'm never doing anything in the pre-market. I'm not in editing in the post-market and I'm not trading the pre-market. And when you look at it, you could have said, well, you missed four bucks. Yeah, that's true. This is the drop-off, but I don't trade that drop-off. Okay, I wait, wait to the open, wait to 9.30, wait to see where it opens, wait. Any questions?  Okay, so what kind of a trading account do you need and how much money do you need to do it? You can trade retail trading accounts and prop. Retail, you required 25,000 minimum to actively day trade to go long and go short. You must have more than 25,000 in order to take trades.  You have to refund the account. You can also do something called prop. Prop accounts are all over the place. If you wanna refer, you can ask me, you can open up accounts with $500, although I don't recommend it. I think that's too small amount of money. I would say go to a place where you can open up an account with at least 2,500. You will get 10 to one leverage, which is 25,000 and you were in and out quick in the morning and done. But you don't need 25,000 to trade. You need a minimum really in my mind of 2,500, although there are places that say you can trade with 500, I would not recommend going to a place like that. And that's just personal opinion. That's not like a rule. That's not the system. Anywhere that you can go that you can actively day trade and particularly short stocks, you can trade by method. Now you can also do it for options and we'll talk about that more at the end. But these are not cash positions. So when I say you're going to, I'm gonna make this easy. When I say you're going to buy a stock that's worth $100 for share and say you're going to do 1,000, that doesn't mean you need 100 grand cash. There's something when you day trade, whether you do proper retail, called margin, it's buying power margin and you get a different amount at every place you go. At a retail place, it's four to one typically. If you're carrying overnight, it's two to one and a prop place of 10 to one or maybe 20 to one. You must get out of your trades by four o'clock eastern time, which we always do unless you're in an option, which is not a margin account. But when you are a day trader, just so you know, you don't need that cash. It's not like you're gonna get mailed in the mail, a stock certificate that says you have 8,000 shares of CTRP, it doesn't work like that. And if you've never traded before, you don't understand this. So I'm trying to explain this to the new people. It's day trading is not investing. You're not Warren Buffett. You're not buying the stock shares and you need the cash and then you get the certificate in the mail. You're actively in, out, in, out, in, out. And that's why you have to have a set type of account which is called a margin account to be able to actively trade in and out like that. And if you don't understand this, this is something very detailed but any broker really can explain this to you. But know that you can train with less than 25 grand. Most of the people that are out there are actively trading, actually trading something called proprietary day trading accounts. And they can have, they might have $10,000 in the account, they might have 20, but they have 10 to one margin. So when you're at a retail place, you only get four to one margin. There's pros and cons to both, okay. What would be the difference platform fees, commissions. All right. But one of the things I recommend to people is to follow a mentor so you don't struggle and you can trade on your own. You absolutely can. You will learn everything in my class to trade alone. And some people that have done my class are trading alone. If you prefer that, do it. If you feel like you want support on a daily basis, then definitely being in my live trading room is significant. I call the trades live, the entries, the stop, the exits, I write the ratings of the room every morning, the things that I'm watching and we do it. So, you know, the room has had a very strong year this year in 2018 and I choked in the room and I said, be a monkey, which is to follow me to the letter. Some people do, some people don't. I think I'm easy to follow because I typically look at one thing at a time, not that I'll never do two trades at a time, but it is so rare. It's so rare that it might happen twice a year, okay. So, you really should, if you're brand, brand new, make sure that you understand what you're doing by following a mentor who is willing to help you. And I definitely think it's important and one of the benefits of going to a proprietary day-train account versus a retail account is you're gonna get so much better service.  Any questions you can write into the room as we're going along here? Anyways, getting an education first, I think is very important before you train and makes sense, but a lot of people don't do that. In fact, I had a conversation with a gentleman over the weekend. He talked to me about the class in September and he lost half his account by last week and he didn't do the class. He decided not to do the class, he traded alone, he didn't do the class and he lost half his account and now I don't know what he's gonna do. And now he feels worried about spending money for education because he lost half his trading account. He had 20 grand in account, he lost 10 in a month trading alone. Now he's got 10 grand left and my class is six. I don't know if he's gonna do it or not, but the guy's probably gonna lose all of his money if he doesn't learn what to do. So I know it sounds like common sense to get education before you trade but unfortunately a lot of people don't. And so it's very, very common for people to trade, think they can follow when trading room's jumping around from thing to thing to thing in free trials or paying for month to month from here to there and they never make money, they never know what to do and they end up slowly bleeding what money they have. Now I don't think that man slowly bled the money. I mean he lost 10 grand in a month which is significant. So it's a kind of thing where it just makes common sense but I don't know why. People just think they can just follow somebody else and do it. So if you wanna come my trading room this week you can. The room is closed today. It's open Tuesday through Friday, you can come for a trial but no one's allowed to join my room unless you learn the class. I won't commit to people. I understand that people have to understand this strategy and you know what to do before they train and to me that's common sense but unfortunately a lot of people fail in the market because they just take pot shots and stuff and it's the kind of thing where if you fall off a cliff mentally and financially but actually the mental, the mental falling off the cliff is actually could be more detrimental to you than even the financial because you can always make money doing something else or your job, whatever. The mental drop off, the cliff that people have when they trade and lose and don't know what they're doing is so devastating to them that it's very hard for people to come back or at least to come back quickly. So the best thing you can do for yourself is start out well, start on the ground one, start on a positive note and keep that momentum going because once you fall off a cliff mentally and emotionally and financially, it's tougher for you to work yourself back up again and I'm talking about with your relationship with the market. This isn't about me. This is about your own relationship with the market. I've relationship with the market. I have for the last 10 years, my relationship with the market has gotten stronger, it's gotten better. Everything that I'm doing every second that I'm breathing is helping my relationship with the market and actually I've been on television this year on a major cable news network in 2018 and that has strengthened my relationship with the market. I've never been the market better than I have this year. I've never called better trades than I have this year. So as time goes on, your relationship with the market should get stronger and better and as it does, guess what? You should be able to make more money but if you don't nurture that relationship, if you don't take care of that relationship, it's like a real relationship. You have that person or a marriage.  It's gonna give it to you back the exact same way that you give it to it in a negative space. So you don't wanna be in the negative space with the market. You wanna be in a positive space. Does that make sense? Any questions from anyone? See a couple of people here that signed in late. Anyways, getting back to what I was saying, why do people find day trading so hard? Well, lots and lots of reasons but one is a lack of focus, one is a lack of clarity. Traders are often second guessing themselves. You need conviction to trade well and you also need conviction to make money and not just a lot of money, I mean any money. Okay, whether it's 40 grand a month, whether it's two grand a month, you have to have conviction and the conviction comes from the knowledge because without that you'll never be successful. Otherwise you're taking pot shots, like I just said. So knowledge is the key to conviction and conviction allows you to take the risk and be successful and fear relaxing your choices instead of being stressed. Do not get stressed out. It is so important not to get stressed out. In fact, I lecture Gala had that about that all the time. Don't stress yourself out. If you're stressed holding a trade, guess what? If you're in the trading or stressed about it, get out of it. If you're up a little, you're down a little, kill it. Don't stress yourself out, it is just not worth it. It's detrimental to your relationship as I was just saying with the market because then the relationship itself becomes very tedious and very stressful and not fun. It's like if you were going to go on a date with someone that you totally were into and you were really into that person, you would look forward to it. You'd be happy, your emotions, your feeling, your body, everything would be amazing.  You really wouldn't wanna do it. You'd be stressed out and you wouldn't be relaxing.  And you probably wouldn't be any fun to be around either.  And part of that has to do with risking the amount of money that you're comfortable with and knowing what you're talking about and knowing what you're doing. All right. Now getting back to what we're discussing about day trading, there's no overnight risk in day trading. That's a positive. Okay, so if the market goes crazy, if Trump tweets or something happens with China tariffs, you don't have to worry about it. All right. You're always in control of your money, which means the total position you can take can be much larger since you're in control at all time and you get in and you can get out. Again, you're trading on margin. You put a stop in, you're in, you're out. You're in, you're out. You're out before four o'clock and in many, many days we're out before 10, 10, 15. But the returns when you day trade can be incredible. And actually, when you think about the, I know returns are very high. If you look at it based on percentages, I typically do not discuss day trading based on percentages because the numbers sound so crazy. And I don't really look at anything even in a chart based on percentages unless I'm looking at selling or buying, which occasionally discuss, when I say something's done a retracement, but all in all, this is not investing. You're looking for a move. So if you risk a dollar, you're looking to make a dollar. If you risk 50 cents, you're looking to make 50 cents. If you risk 500 dollars, you're looking to make $500. That's it. You're chunking it out every day in 30 minutes and an hour or in something like CTRP, you could continue to hold it if it keeps dropping. I'm not gonna count that against you, all right? But day trading is not investing. And so many people, they just don't get the concept. And so many people don't get the concept of shorting. If you're new to shorting, I'm a great person to learn from because I'm an expert in shorting. And that's one of the reasons I've read the market well. Why? Because the market's been strong. So when I see a drop-off in the market, I say, that's not really anything that big of a deal because I really know what weakness looks like because I'm used to shorting for the last 10 years. Okay, I'm an expert person at shorting. And don't mistake me. It's not that I'll never go long in my life. I'm saying that I prefer to short and we usually do short. I'm an expert in shorting, but sometimes we will go long, okay? That we've gone long in the market a few times in the last month. But when you trade, you're in, you're out. Fast moves, boom, boom, boom, boom, boom. And literally that's what it is. You're looking for the daily money move to get in and get out. So if you want to make foreign during the year, it's about 33 grand a month, which translates to about 8,300 a week. And that last trade was pretty much the goal for the week, even though there were other trades. And it was a long week last week, okay? Now this week is a short week. Tuesday, Wednesday, Thursday, Friday. I do think this could be a good week to short. Why? I think we have the market with us this week, but I guess we'll see tomorrow morning where we get. But if your goal is to make money day trading or make a living day trading or make six figures of your day trading, when some people need, some people don't. It's not impossible. However, it is impossible if you don't know what to do and you don't have the right education and you don't have any conviction, which you're never gonna get if you don't understand what the heck you're doing. If you're just mimicking somebody else, you're not gonna get it. And that's why the class is vital for people to understand it. And you may not know what I mean, but you will after you take it, the difference, the difference in the, and the failing in the conviction. Okay? Any questions so far? Think of this as something where you're chunking it out and you're climbing up the ladder where you're starting out where you can. If you can start at risking an advanced risk, go for it. Right after the class to earn this kind of money. If you're starting out with a small account, then start out, build it, build it, build it. Chunk it, chunk it, chunk it. 50 dollars, 100 dollars, 200 dollars, 250. Whatever it takes. If you look at it like that, at least you're getting somewhere. So many people are not getting anywhere with their lives. Once you do the class, guess what? Even before you even take that first trade, you're getting somewhere. Why? Because you learn something that a lot of people don't know. You have a new perspective on looking at charts if you've traded and used technical analysis before, or you've looked at gaps. And the various things you think is to me since I've gotten out in the world and we're talking to so many people, do you have any idea how many people do not? First of all, nobody gap is. Secondly, they don't understand what a gap is correctly.  If you learn what I know about gaps, you will be in the cream of the crop of very few people on this planet Earth that understand how to read a chart in the market. Any questions? Now, let's get into this. So again, the amount you risk depends on the size of your account. If you take a dollar stop, which sometimes we do, sometimes it's more, sometimes it's less, okay? A thousand shares risk a buck? Guess what? If it goes a dollar, you make a thousand dollars and so on and so forth. So we don't know though. We don't know until the stock sets up what the stop is. In the case of CTRP actually, that was a really, really good stop, okay? Initially it was only 40 cents and that was amazing, okay? Sometimes we get smaller ones. Many days we get bigger ones, but that was a huge trade and a huge move because a stop was so good. Any questions here? If for some reason you cannot day trade and be in the room in the morning, guess what? You can trade options. If you don't know how to trade options, you can learn. You risk the amount of the cost of the position and you may have to take it overnight. Now, you're not at risk though because of the fact that you are only risking what you have risk of the position so don't risk more than you can afford. So if you risk 500 dollars, you can't lose more than that. It's not like a swing trade, but if you risk 500, you could lose the whole amount, but if you risk 500 and you hold it overnight, it could potentially go to a bigger move and I'm just gonna go over one of those moves here. This is the diamonds, okay? This is the Dow ETF, this is way back. September, we're running up, beginning of October. We had a nice move up in the market. The diamonds made, the Dow made Brandy Walton highs almost got to 27,000 and I called, and this didn't even get to the strike. That's what the amazing thing about options is, I called this train expiring 1012, strike 270, it never got there.  So when you get something running up into the momentum, into the momentum, the momentum is up. You can make money doing options. This isn't fancy-dancy stuff, okay? This is just a simple boom, boom. You buy the put, you buy the call, you take it, you don't have to be in the training room for this, you get the email of the trade, you take it when you get it and you watch the trade. So this was profitable and it didn't even get to the strike. As long as you're getting momentum, similar do they trading? Cause we get out of trades and now I know that one went to the target, the CTRP, it did go to 26, I know it did. But that train was profitable before it got to 26. So do you know what I'm saying? You can get a profitable trade even if it doesn't go to the target, all right? It's about getting it in the right direction, which means going long if it's getting bought or shorting it if it's getting sold off. Anyways, this one was a good one. Option price was 40 cents, was a dirt sheet. You bought 10 contracts, guess what? It would have paid $400, sale price 110 and profit 700 bucks, okay? So this was a nice one in here, return investment 175%. It doesn't matter if you took a small risk, a medium risk or a beginner risk, but I did wanna also show an advanced risk here. Risking 4,000, you could have made seven grand with 175% return investment. You will get trades like this with the option letter. This is a separate letter, or you can be in the room and do some of the room traces options if you don't wanna actively day trade with a margin account. And again, if you do not understand this, ask me questions now or email me or call me later. I'm trying to give a lot of information in this webinar and I might be talking above some of you, but if you don't ask me questions, I don't know. But you can email me or call me later if you don't understand something. So we talked about two different things. Options and we talked about day trading. You can day trade options, but options that require margin, day trading does. All right, we got a question from Diane in Australia. Options, no, it's just a letter. I do have an options class I'm doing in December, but you don't learn how to pick the stock. You're gonna learn how to manage the trades in the December options class if you wanna do it and you're going to learn how to look for the targets and take the trades, but it doesn't give you the pick. In other words, if you wanna get this trade here, you've gotta sign up for the options letter, which is a letter. If you wanna know how I figured this out would even happen, looking at the chart, you do the golden gap class. And if you wanted to do the options class, you learn how to manage the trades, take the trades, look at targets and get in and out. That's a mini half day course in December. The golden gap is a two day full course, which will help you determine if the stocks are long or short. You can play it any way you want, swing, day or option. The letter, you just get the trades and you manage them yourself and the options class, you're gonna learn how to manage them, how to look at them, how to get in, how to get out and what to do with them if you're on the letter or you can take them yourself, but you're not gonna get the picks in that class or how to find the picks. The picks is really the golden gap class, which is the rating system. In fact, Gallaudet, you can put Gallaudet if you're here still, are you there? Plop something in the room tonight. If anything's gapping tonight, I'll take a look at it here before we go. If you're serious about doing options, I'd sign up for the letter, it's for a year, Diane. If you wanna really learn the system and day trade, then do the golden gap class and get in the room.  I have a guy, he is on the options letter, okay? He's an Uber driver. I forget where he lives, I think in Atlanta. He just can't be in the room every day. I mean, it's just not possible. He's on the road, but he has an app on his phone and he can take options trades. So, you know, he signed up for the letter because he can do this thing, that thing, drive in the Uber car, do whatever, and he can take the trade, he can look at the stock price, he can get in and get it out. He doesn't have to be in the room, he can't be in the room, you know, he can do the class, but he can't be in the room. So he signed up for the letter. So whatever your schedule is, if you can be in the trading room between 9, 30, and 10, that's what you need to do to get the day in trades. If you can, if you absolutely cannot, this doesn't work out for you, then the option letter is probably the best thing for you. Gal had said, nothing stands out tonight. All right, well, that's fine. I think the market gap's down tomorrow though. We'll look at the market before we close tonight. Where was I here? Anyways, options are a way to make money if you can't be in the trading room. And that's when I tell people if you just cannot. But if you're in the room, you know, I'm saying I'm looking at this, I'm looking at that, I'm looking at the diamonds. I mean, you know, I know there's people in the room that do not want to take a day trade in the spy. I know that they don't want to do it. So they do the option. They don't want to pay 200 and blah, blah, blah. So they buy the option. They're not telling me, but I know that they are. And sometimes I'm doing the equity trade and I know they're doing the option. So, you know, I have a specific platform that I'm married to. I say go with a broker that you want to be with for the pricing, for the commissions, and for the pricing of the platform cost, and that you like the charts, any amount of money you have to put deposit. And then you learn it. I mean, I've been on a million different platforms from Sterling to, God, to Orbish, to what was it other one, DOS? I mean, I've been on so many over the last 10 years. If, in an ideal world, I'd create my own canty because I gotta be honest with you and there's not one thing out there that I think this is perfect, there just isn't. So I can't get behind and I don't sell any specific platform or place to be honest with you at all. So, you know, I'd love to say, oh, this is the best thing since sliced bread, go there and, but it isn't. Maybe someday I'll create my own. And if I do, it'll be very, very slanted towards technical analysis traders, which some of them have certain aspects and some of them just don't. If you have something that has good charts that you can see the day chart, the pre-market data, the post-market data, the one-minute chart, then that's good enough. You need to be able to see the pre-market data and the post-market data. And if you have something for futures, I'm certain that you can. I'm certain that you can. And you can make them with any background. I like the white background. Anyways, if you wanna do this, you absolutely can work for yourself. It's a matter of commitment, okay? You could be a days away from it or you could be years off from it. A lot of people I find just, they wanna trade the alert into the market, but they're very much like that gentleman that I discussed with you who just, he's on the fence, but yet he's trading actively. And he's not fully committed to learn, but then he's trading and then he's losing money and then he finds himself in a funk. And I hope that gentleman pulls himself out of the funk because I mean, what you don't wanna do is kinda dip your toe into the water and then sink in the quicksand. And I think that's what a lot of people do because the market can be like that. You can make money as fast as you lost it though. If you've lost money in the market, you can make it back like an exploit as soon as you learn what to do. So don't even be worried about that. If you've lost the past and you've seen failure, guess what? As soon as you learn how to trade well, you can be on the path to financial freedom just like that. It doesn't have to take forever. You have to chunk it out. Not every day will be big. Not every day will you make it grand. Not every day when you make a thousand. Some days it's small. Some days, guess what? You won't do anything at all. And I'm gonna post results from November on the YouTube tonight if you wanna go watch the video, but I'm telling you some days we didn't trade. Some days there's nothing to do. And that is what it is. You have to understand this isn't like a normal job. The benefits of that are guess what? You get to work from home and you don't have to report to a boss and you can earn as much money as you want to and you don't have to work for eight, 10 hours today. So the idea of working for yourself has pros and cons. If you look at con as something where some days you might not have to work, all right? It is very important to understand the market and it's very important to understand that you have to be committed to doing this if you want success. So I focus on one strategy, one strategy daily. You can work from home. Again, we're usually in and out of the morning. I'm gonna try to be very aware of that this week and next week because we're going into the holiday. And although the market fell all day into the close today, I don't know if we fall all day tomorrow. I think we're down tomorrow too, but it is just hugely beneficial when we are done and in and out in an hour. And those are my most favorite days. Even though I do like making days like Friday, you know, where you have these huge days it is just less stressful. Getting back to the less stressful, it's less stressful. If I can get in, out, in, out, in, out. Even if it's only two grand, the fact that I could get in and out is so, it's just better. But again, it has to go with your schedule. It has to go with your personality whether they do options or day trading. But you have to think about the benefits, what you're willing to risk to get there and to do it. Nobody ever got rich by not putting forth any effort or any cost.  It's just ridiculous because many people just don't understand what it takes. You take it and you chunk it and you chunk it and you chunk it. It's like taking 25 steps forward and you take five back. Then you take three steps forward and then you take one back. Then you take 15 steps forward and you take three back. And that is really the process. And that's why people say it's a journey but it's not a straight line. It goes ziggy-dee zagging but while the ziggy-dee zagging is going, guess what? You're moving up.  And the candy saying is access to that info. I don't know if it's a he or she. I'm sorry, candy, I don't know that name. But yes, that's good. Any other questions here? So nothing to look at tonight. I'm just gonna finish up the lecture here. Think about what I said. You can train for a living. You'll learn my system. It's a 26 point rating system. You learn how to find which stock to trade in the day whether long or short, but I focus on the shorts. It has a high probability of directional bias for the entire day. Most of the times, like CTRP, if you wanna hold it or do a swing trade, early confirmation of the bias is essential, essential for me to even wanna do it at all. And the precise entry is because I'm doing it in the one minute chart for good risk reward potential and that is my specialty. I'm taking trades early, early in the morning, quick on the one minute chart but I'm analyzing it on the daily, okay? Because we are nimble day traders, okay? We're not investors. Dee Dee wants to know one thing. Listen, when you grow up, will you be as good as me?   So don't worry about that part of it. You have that down and Dee Dee, you're very serious. So I think you have a huge chance to be as successful as me. Yes, of course. You're taking it seriously. You did the class. You are doing the demo. Then you're gonna start small before you get big. You wanna learn it. It's the most important thing to you. You've asked me a lot of questions. Yes, you know. The benefit of doing the class and while you're paying me the money for the information is one, you're paying me for the information and two, it's shortening the learning curve for you because it took me about three years to create my system, Dee Dee. And it was very emotionally taxing. I'm a strong, strong lady but if I rewind it in my life, I would never wanna repeat that period of my life in 2008 and 2009.  I can listen all day long to people, talk about them. But at that moment in my life, I didn't have anyone that was willing to listen to me when I was going through it. So it was tough. It was a tough road.  Now, I had my mom and dad. My mom and dad were very supportive of me but my mom and dad didn't understand a thing about trading. And at one point, my dad was like, okay, this is getting crazy, Melissa. Like, just stop this already. I mean, it really, my mom was the champion in the end because my mom never told me to quit. My dad at one point really thought it was just time to pack it in. And I still hadn't figured it all out then. I mean, I don't even remember what year that was. If it was 2008, 2009, 2010, I don't even remember. But my dad was very frustrated with the process I was going through. But my mom stood by me. So, but they didn't know anything about the market. I know a lot about the market. So I'm here to be your champion to explain to you because I've been through this process. And I understand that you may go through a process too. But the idea is that you'll learn and do it. Do the class and be in the training room and take the light trades to shorten the learning curve for you, shorten the process. Maybe you won't have a learning curve at all. That, Deity, you're so new that I know you've had a learning curve but I gotta be honest with you. You've asked me good questions. So I can tell by the questions that you're asking me. Deity, that you actually do understand a lot. Even though you may not realize that you do, I can tell by the questions that you do. Canty is a she, okay? Canty, I am doing an early access Black Friday because the class is back to back with Thanksgiving week. The class is this weekend, Monday and, I mean, Saturday and Sunday, that you would get one year free in the trading room if you signed up for the classes weekend by Friday and doing early access for Black Friday. Normally, you would pay to be in the room but if you did the class this weekend, you would get the room free for one year. I am taping the webinar, Diane. I know you're in a different time zone but Diane, I'm doing one free year in the room too for you because I know you've been interested in it. Again, I don't know you're a new schedule with your new job here with the hours being in Australia. In fact, what is it, 22 hours? Are you 22 hours ahead or something? I know it's a big time zone job. Anyways, as I was saying, be consistent with whatever you do and you stops. I didn't talk about that a lot tonight. Maybe we'll talk about that more next time, how I put a stop in. It's a limit order stop but that's important so that when you lose in a trade, it's done and you're out and the losses don't go against you big. Anyways, my class is called the Golden Gap System. It's a 26 point professional bearish gap rating system. The purpose of this system is to help you evaluate which gap to trade each morning using a checklist. I created a system myself and I'm very proud of it even 10 years later and the reason that I'm proud of it is because even today, in 2018 and I began trading in 2008, many, many trading educational companies out there teach a varied amount of different strategies and systems and none of them are really very good at one thing. They teach a whole gamut of this thing, that thing and the other and they're not specifically focused on one thing. This is all I do, it's all I ever will do and it's all that I need and it's taken me to the point where I've actually been able to evaluate the market extremely well to get me on television so I'm telling you that once you learn how to do this you will become very good at being able to predict price action movements and anything that trades in the US stock market or anything that gaps. Forex is different because it only has one gap a week so I don't advise using it for that because it's not beneficial enough to trade it on a regular basis but anything that has a close and an open where you're rating the gap in a chart you can predict the level that it's going to go whether up or down, okay? And I do like shorts and the reason I like shorts is just because they move faster. You can still make money going long every day of your life if you find a good gap but shorts just move so fast and today is a good example of that in the market but one strategy is honestly all you need I do not recommend jumping around I do not recommend doing multiple different strategies and I don't even think anyone should combine what you learned from me with anything else, okay? You do not need a general overall broad base view to make money tons of people do that and they fail all the time you don't have to be some kind of expert where you're talking about all these specific fundamental things that doesn't mean anything at all what you need to make money is all that counts and if you know that a stock is trading at $56 and it is going to go to $55 in the next 15 minutes and you can predict it a move like that which is a buck and you can take 5,000 shares and it moves down a dollar and make five grand that is all you need that's the only purpose of this you are not changing the world if you want to become a day trader this is not something where you're going to stand up on a podium and you're going to say that I am an amazing person because I've helped people in the world by trading the stock training allows you to make money the smartest people win and with that money you can do something better with your life where maybe then you lecture and you help people on other topics or do other things to actually help the world this is not something where you're going to stand up in front of a crowd and say anything other than you're really smart or reading a chart of what you do the great thing about trading is that you can make money and with that money you will have more freedom with your life and you can do other things with your life and your time for people that you care about and love or make a difference in the world one of the reasons that I like trading gaps is I can do it in the morning early and be done and I can do other things with my life I can do whatever I want to do with my life one of the things I'm choosing to do is to be on TV and to teach people but I'm sure I'll choose other things in the future as well if I had children I'd be spending my time in the day and the afternoon with them and I'd have time to go pick them up from school and do other things with them in the evening when you have a job and you work chained to your desk eight to 10 hours a day or five to seven days a week you don't have a choice by anyone else if you report to somebody else and they're your boss and you make a salary this is something that you can be proud that you're making money to support yourself and your family to do other things with your life it's not like you're gonna win the Nobel Prize if you trade and make money from the market it is what it is it's exactly like the Wall Street movie there's only one winner whenever you make money there's somebody else on the other side of the table that's losing so guess what align yourself with people that know what they're talking about and align yourself with the people that are brilliant because you're never gonna win you're never gonna make money consistently over the long haul if you're with the dumb asses and I say this and it's true let me just see if there's any questions I know we're right up against the time good luck today tonight though you can trade from home you can be anyone in the world Diane is in Australia the Golden Gap class it's this weekend and Diane right in in blood right in in blood or Didi I'm sorry because I know Didi asked about the class November 17th, 18th and 19th and the reason I'm doing the 19th is because some people particularly the Jewish faith and some other religious activities cannot participate on Saturday classes so I'm doing this I haven't done it all year so this is the one class this year if you happen to have a religious conflict or a Saturday conflict Saturday will be day one Sunday will be day two and then Monday will be day one so it's okay to break it up that way because one day is the entries and one is a strategy if you wanna do it and you do have a Saturday conflict with work or religion please know that I rarely do this it's like I don't even think I did this in 2017 at all but I had people that were interested that signed up in pain that wanna get in okay nine to five Eastern time cost of the class is $59.99 US dollars if you wanna sign up you must email me for the forms the new website has not launched with the cart once the new site's up you can just sign in and log in and pay but you'll email me for the forms if you wanna sign up the classes online now as I was saying earlier I have the combo you can do the trends class and the golden gap trends is in December the early bird for Black Friday I'm doing because it's so close to Black Friday of this class so you can sign up Friday do the class in November or do the class in December it's December 15th as the December class but if you wanna get in this weekend you can join and you can start trading and then you'll be in because December 15th is in the middle of December and then this way you do the class and you can join and start trading from now until the next month and you won't miss anymore the trades in the room and the December class is really for people geared up that really are probably not gonna start trading till like January one, all right? If you wanna travel the room email me at melissathestalkswish.com good to see some of the old-timers here good to see some students good to see some of you people and follow me forever I don't know what you're waiting for I honestly don't know any questions from anyone at all I will see everyone soon I will air the video tonight go on YouTube, I'll put the stats for the last month as well in the last year, I worked on that today too if you wanna travel the room email me Tuesday, Wednesday, Thursday, Friday I think the market drops some, at some point tomorrow either in the gap or falls hopefully we'll get a good week Kanti, go ahead, you can email me sorry, I didn't know if you were a girl or a guy but now I know Okie doke, have a good night everyone you're welcome


Hello everyone, this is Amit Dhan of AmitDhan.com. Today I will have another episode of Review video and I'll be reviewing the Tom-Tom sling bag, which I have it right here. If this is your first time or if you visit Thank you for your support on this hybrid channel I'm always trying new and different ideas to take you beyond boundaries. If you're into thinking outside the box This is the channel for you. If you're looking for more review videos, there'll be links in the description box below So what happened I reviewed this bag before and it was like you know unboxing and review at the same time but accidentally I deleted the file so I had to you know just do it again and In the meanwhile, I have used this bag for two months. I'm now reviewing kind of with the more experience So I can show you actually, you know, what's the good or bad about the bag So I have some stuff in here and that's more practical review because you're going to know what I you know How I organize the bag. So this is made of a ballastic Cordura nylon and I have some specs Right here. So this is Tom-Tom compact EDC sling bag and this is 4.5 liter Then we have here 12 25 point nine zero and 2.95 inch and this is made of Cordura ballastic nylon So this is supposed to be waterproof and very strong and when you touch it you can actually feel the quality and very nicely made, you know, it looks very good and the other thing about this bag that if you are to buy a Very, you know, well-made sling bag. It's going to cost you around hundred dollars, but this is Almost half the price. I paid about the fifty dollars But sometimes I see that you know, these are coming on sale You can even pick up one lower than that, but that's what I paid So the first thing is this is the outer Pocket, so let's open this here here. I keep my wallet and I have a credit card and I keep like, you know, another things a few things here and there's a Keychain Attachment so you can like, you know, attach your key or anything else. Although I don't use that so but there's that option. So I'll just put it back in here and and Basically, that's all here So this is not too big a small and this is our main compartment So I'll just open this up and here you can see that there are lots of organizational, you know compartments so I have here like, you know, lip balm and Glass or screen cleaning cloth and I have like an even SD card some tiny stuff like that And here you have more space. You can even fit in like a Small tablet or Kindle that should be fine and then on this side. This is actually another Compartment, so let's say, you know, put this thing and just, you know, put it this way so you have very nice organizational compartment here and There's a lot of space.  You can see that, you know, it comes off very fast Although the one thing I don't like it's a little bit bulky I wish it could be like, you know, slimmer than what it is But this is I feel a bit bulky and kind of it doesn't match with the other Parts of the bag. It's kind of a stick out that it's bulky and then here you have a Attachment hook so I just put a carabiner right here and then you have another one on this side Now one thing about this bag is that everything is why cake is zipper So why cake is zipper is kind of the gold standard of zipper and I don't think camera will be able to Catch it, but if you can take a look here Everything is why cake is zipper and they touch the easy pool. So it's very easy to hold and You know open and close. So that's another good thing and very minimal branding right here Tom-Tom, so I haven't used their product before. This is my first product and I'm really impressed that, you know Their products, this is a quality product at reasonable cost.  So it's supposed to be very durable and If you are, you know wearing this or if you're holding this you can tell the quality right away You can see that, you know, this is a quality product and definitely this is a good price Being about $50 plus minus. So I'm happy with the product and this is not a paid or affiliated review I don't have any affiliated links know nothing And the whole channel on this channel. I never do any affiliate links to make money or anything So you're always going to get, you know, honest and unbursed opinion So I'm really happy with the product and even I was looking at more they have like, you know, more travel backs and stuff So I was looking at more products by them and it looks like, you know, they do have some other products Which I wish to acquire at one point in the future But in terms of this, this is going to last me for sure a long time I think I would this for use this for about two to three months, but still, you know, it looks new and I don't think this is going to be Damaged or anything is going to come off anytime soon. So definitely I'm happy with the product So that was the top top compact EDC sling bag And for the next review video, I'm going to put a link on the screen. I'll see you in the next video. Thank you for watching


Special Costs Click Special Costs in the side menu. It consists of the following main sections. Special Need Support and Exceptional Costs Erasmus Plus puts emphasis on involving young people with fewer opportunities and special support is given to people with disabilities if their participation requires special equipment or accompanying persons. In order to record costs for our Special Need Support, click the Add button under the Special Need Support table. Four fields are available to provide the required information. Organization Click the drop-down list and select from the organizations added in the participating organization section. Identify the number of participants. Provide description which should be a justification of special costs for your project activities. Identify the specific grant amount. There are no lump sums. Therefore, you can enter 100% of the specific costs directly related to participants with special needs and accompanying persons, taking part in transnational learning, teaching, and training activities. This may include costs related to travel and subsistence, if justified, and as long as a grant for these participants is not requested through budget categories travel and individual support. If needed, you can add more than one Special Need Support item. Click the Add button and proceed the same way as the first Special Need Support entered. To insert exceptional costs details, click the Add button in the Exceptional Costs section under the Special Need Support items. Provide the required information in the same way as the special costs. Exceptional costs are 75% contribution to your real costs related to subcontracting or purchase of goods and services for your project. Please note that subcontracting must be related to services that cannot be provided directly by the participating organisations for duly justified reasons. Equipment cannot concern normal office equipment or equipment normally used by the participating organisations. In the next step of your application, you have to provide information on the follow-up of your project. Click the follow-up option in the side menu. The respective screen opens. In this section, you must provide information on the impact of your project, the dissemination and use of project results and sustainability. When describing the expected impact, be as specific as possible because strategic partnership projects are funded to create substantial long-term impact in the field of youth. Here, identify the expected impact on participants, participating organisations, target groups and other stakeholders that you plan to involve in your project. Make sure you mention the impact on each of these groups, then identify the expected impact at local, regional, national and international levels. You may relate here with the section where you describe the added value of your project as well as objectives and impact. After defining the impact at different levels and on different groups, identify specific indicators of success and ways you will measure the impact achieved throughout the project. Now, describe your strategy for the dissemination and use of project results. At first, define the target groups of your dissemination activities inside and outside your partnership. Define your target audiences at different levels and describe why you choose these specific audiences. Next, describe activities that you will carry out to disseminate the results of your project beyond your partnership. In the next section, identify who will be responsible for doing that within your partnership and what specific expertise they have in this area. Also, define what resources you will make available to allow proper implementation of your dissemination plan. If you plan on producing intellectual outputs, please describe how you intend to ensure free access for public to a digital form of this material as Erasmus Plus has an open access requirement for all materials developed through its projects. However, if you intend to put any limitation on the use of the open license, please specify the reasons, extent and nature of this limitation. In this section, identify how the project results will remain available and will be used by others.  The last section here is related to your project sustainability. Define the activities and results that will be maintained after the end of the EU funding and how you will ensure resources needed to sustain them. Once complete, the follow-up tab in the left-hand side of your screen will be marked with a green check. Budget Summary Click Budget Summary in the side menu. The Budget Summary screen opens. This part of your application is read-only and will provide you an easy-to-read overview of the budget details of your planned project, project management and implementation, transnational project meetings, intellectual outputs, multiplier events, learning, teaching and training activities, special needs support and exceptional costs. If your project is about sharing good practices and you do not plan any intellectual outputs, you will find no amount displayed in the column Grant. The last budget table available lists the budget per organisation. Here, you can check more details by clicking the menu button and choosing Show Budget Details. Another table opens where you will find all budget items listed specific to the organisation. If you want to make any changes in the budget, you should go to the section of specific activity by using the side menu on the left and making specific adjustments. Project Summary In the next step of your application, you have to provide information on the Project Summary. Click the Project Summary option in the side menu. The Project Summary screen opens. Please provide a short summary of your project. Remember that this section may be used by supporting institutions and their publications. It will also feed the Erasmus Plus project results platform. Be concise and clear. At least the following elements should be mentioned. The context and objectives of your project, the number and profile of participants to be involved, the description of activities, methodology, a short description of the results and impact envisaged, and finally, the potential longer term benefits. The summary will be publicly available in case the grant is awarded to your project. Other parts of this section, Summary of participating organisations, Summary of activities and participants, Budget Summary and Project Total Grant are read-only and prefilled. All data is taken from the information provided in the various application sections. Anexes Before you can submit your application, you must provide a nexus within the application. The page here explains the type of a nexus and how to do this in the web application forms. One of the files you are required to annex to your application form is a duly signed Declaration of Honor, downloaded via the Download Declaration of Honor button. Then select Open or Save File in the pop-up. Print the declaration and have it signed by the person who is legally authorised to represent your organisation. Then scan it and upload it via the Add Declaration of Honor button. Check if your national agency accepts digital signature. If yes, you can use the digital signature instead of printing and signing. Then you are asked to attach a timetable for your project activities and outputs using the Gantt chart template provided. You can format the file by adding colours and some formatting to make your activity plan easy to understand for others. Next, attach any other relevant documents related to your project proposal. It may be some draft designs, proposals from subcontractors, training programmes, price offers for special needs costs, etc. Please note that in case you are applying for a grant exceeding €60,000 and your organisation is not a public body or an international organisation, you must upload the required documents to give proof of your financial capacity in the Participants Portal where you registered your organisation. These documents must be available to your national agency before signing the grant agreement at the latest in case your project is selected. There are some constraints for adding annexes. You can attach a maximum of 10 files. The maximum size of all files combined is 10 MB. If you need to combine some of the annexes or make the size smaller, make use of plenty of online tools offering such functions. Checklist The last part of the web application is a checklist. It will help you double check if your application is ready for submission. You will find a number of things to check under the checklist part of the screen as well as a data protection notice and the corresponding checkboxes. Review all the items according to the checklist and check the corresponding boxes if they are okay. All boxes must be checked. Once all the items have been reviewed and the box is checked, the checklist item on the left side menu is marked green. If all sections of your application form are valid, marked with a green check and you have attached all the required documents, you can submit your form to your national agency. To submit the application, click the Submit button in the bottom left-hand corner. This button will only be active if all sections of the application have been filled, required documents attached, and the checklist confirmed. A pop-up will show up, asking you to confirm the submission. Click Yes if you are sure. Selecting No will cancel the submission, but not the application as such. In the final submission confirmation window, you will see a short summary. Click OK to close. The application form will close. Then the web application form's main screen opens. In the My Applications tab, you will now find your submitted application marked as submitted and with the completion status completed. If you submitted the application form before the deadline, you can still adjust and resubmit it. The application form opens, including all the details already submitted. Make any adjustments or changes necessary. Once the changes have been made, click the Submit button. As with the initial application, the Submit button will only be active if all sections in the form have been completed and marked with a green check. Applications for Erasmus Plus have a set deadline visible on the home screen. If you miss the official application deadline, you will not be able to apply. Under certain circumstances, however, it is possible to submit the application a bit later. An exception is made if you can prove that you tried to apply before the official application deadline and were not able to do so for technical reasons. In such a case, your national agency may still consider your application if the following three conditions are met. The date and time of your last submission attempt, as mentioned in the electronic application form submission summary section, are before the applicable official application deadline. You informed your national agency within two hours after the application deadline, Brussels time. After this time, your application can no longer be considered. You sent your complete application form unmodified after your submission attempt in PDF by email to your national agency within two hours after the application deadline. Brussels time. Your national agency will be able to open the application for you so you can submit it.


ProPublica has obtained lots and lots of documents from the IRS and they conducted an analysis and basically the conclusion of this analysis is that We need a wealth tax yesterday And of course, I'm paraphrasing a little bit But when you read the details here and you look at some of the information that they provide us with It is absolutely clear that there's no way we're going to solve the issue of income and wealth inequality unless we take drastic action and introduce legislation Like a wealth tax so they explain ProPublica has obtained a vast trove of internal revenue service data on the tax returns of thousands of the Nations wealthiest people covering more than 15 years the data provides an unprecedented look inside the financial lives of America's Titans Including Warren Buffett, Bill Gates, Rupert Murdoch and Mark Zuckerberg It shows not just their income and taxes But also their investments stock trades gambling winnings and even the results of audits taken together It demolishes the cornerstone myth of the American tax system that everyone pays their fair share and the richest Americans pay the most The IRS records show that the wealthiest can perfectly legally pay income taxes that are only a tiny fraction of the hundreds of millions If not billions their fortunes grow each year to capture the financial reality of the richest Americans ProPublica undertook an analysis that has never been done before we compared how much in taxes the 25 richest Americans paid each year To how much Forbes estimated their wealth grew in that same time period We're going to call this their true tax rate the results are stark according to Forbes those 25 people saw their worth rise a collective 401 billion dollars from 2014 to 2018 they paid a total of 13.6 billion in federal income taxes in those five years The IRS data shows that's a staggering sum, but it amounts to a true tax rate of only 3.4 percent now let's look at the four richest Americans and What they claimed their income was what they paid in taxes But most importantly how much their wealth grew in this four-year period Warren Buffett, for example reported $125 million in income and he paid 23.7 million in federal taxes over that same four-year period So it sounds reasonable at first, right? However, when you look at how much his wealth grew by 24.3 billion dollars in four years making what they call his true tax rate 0.1% Yeah, Jeff Bezos reported 4.22 billion in income and paid 973 million in taxes, but his wealth grew by 99 billion dollars making his true tax rate 0.98% Michael Bloomberg reported 10 billion. He paid 292 million in taxes, but his wealth grew by 22.5 billion making his true tax rate 1.3% and finally Elon Musk reported 1.5 billion paid 455 million in taxes but saw his wealth grow by nearly 14 billion dollars making his true tax rate 3.27% so in effect This is why the gap between normal Americans and the richest Americans continues to grow Now I want to show you an image that really I think perfectly demonstrates how unfair this system is While Bezos wealth has grown astronomically over the last decade and he's paid a minuscule fraction of it in taxes a Typical American household paid more in taxes than it accumulated in wealth So they might argue that we're paying our fair share. I paid millions of dollars in taxes and That's technically true. I mean if you look at their tax rate in comparison with their income for a particular year Sure, maybe they pay like 14 to 18 percent as is the case with that chart. We just saw however when you look at their wealth and How fast their wealth is growing the rate at which they're able to accumulate wealth seemingly exponential I mean, that's when you get the full story But still like this is a lot of numbers and I think that the article did its best job by providing us with this Visualizer that tries to put everything into perspective and let you see point blank Just how egregious this is wealth and income work very differently for the ultra wealthy than they do for most people This represents $100 of income for a typical wage-earning American household The federal government taxes income a typical American household might pay something like 14 percent For many households the rest of their income goes toward expenses every year with maybe a small amount left over for savings A typical household might also own a home which often grows in value over time Such asset gains make up much of that household's wealth growth for any given year This proportion of wealth growth versus taxes has been typical from middle-aged Americans since the mid-2000s However, it's inverted for the ultra wealthy. This represents $100 of income for Bezos from 2006 to 2018 His taxes were about 21 percent of its income But for people in this stratosphere income doesn't really matter Bezos Amazon shares have skyrocketed in value since 2006 in most years his wealth grew far more than what he reported an income to the IRS Between 2006 and 2018 Bezos wealth shot up by over 120 billion Dollars while he paid a minuscule proportion in taxes meanwhile typical Americans his age paid more in taxes than they saw it in wealth growth Over that period that is for every $100 of wealth growth over that period typical Americans paid $160 in taxes Bezos paid only a dollar and nine cents obviously the solution is We need to tax the fuck out of the rich Confiscate that wealth that they stole from their workers We need a wealth tax and it might not necessarily be politically feasible at this time in the current shape of American politics But understand that the issue of income and wealth inequality isn't actually going to get better unless we take drastic action and anyone who purports to be against the widening gap between the rich and the poor if they're not proposing something like a wealth tax Or confiscatory measures literally then they're not serious about alleviating this problem


It's really the country which way you can go with it, sir. So we didn't hope you'd take my name. So, for a photo.


So, I'm just thinking about this Andrew Cuomo resignation story and the dominant theme that I'm picking up on Twitter is, well, it doesn't matter how many old people you kill, but if you speak inappropriately to women and they decide later that they resent it, then you're out. And that's not what I take away. So, if you're a governor or you're in any kind of position where you depend upon cooperation with other people, then it doesn't matter for whether you're going to resign or not, whether or not you're right or how severe your infraction is. What matters is what's your relationship to other people. So, morality changes and things that are acceptable one day become unacceptable the next day. So, also the reason that people get in trouble, it may not be the stated reason. So apparently he's resigning because of these allegations about his behavior, but that may not be the primary issue here. Primary issue seems to be that people are sick of Mayor Cuomo, Governor Cuomo, and they just want to get rid of him.   People in an organization say, well, this raises liability concerns, but the things that the people tell you or say about you are not necessarily the real reasons. So, we depend on other people. We are much more dependent on other people than how we want to think. So, we can think we did nothing wrong, but we depend on other people. We depend upon the cooperation of other people, or at least we depend upon other people not wanting to ruin us. So it seemed like a critical mass of people decided that they wanted to be rid of Andrew Cuomo. And guess what?  And it won't necessarily be because of the stated reasons. So, I like this Andrew Cuomo story for the way it illustrates how the real world works in that in particular, we depend upon either the cooperation of other people, or at least the other people not wanting to go on a G hard against us. Everybody has a home address. Everybody has vulnerabilities. Everybody should have families, friends, community weak points to push on. And if the people who can push on those weak points decide to push on your weak points, it doesn't matter that much whether you're in the right or you're in the wrong or you're only mildly in the wrong. All right, when people want to get rid of you, they can usually exert enough pressure to get rid of you. And the more prestigious your job, and the more you depend upon other people cooperating with you, then the more vulnerable you are to this type of pressure.    And so questions of right and wrong are important, like how severe were the moral infractions that Andrew Cuomo engaged in with these women who are complaining about his inappropriate touchy-feely nature? Like it seems to me really minor. But that doesn't matter in this situation for him being able to do his job as governor. But what matters is people don't want to cooperate with him anymore, all right? He has dropped in social status. So he was up here, now he's dropped down to here, right? So you may be going along in social status like this. And then suddenly, for whatever reason, your social status suddenly rises, and therefore what you can ask of other people will change. Like if I became famous overnight, let's say I saved the president's life, then everyone will return my phone call. But if you're cruising along here in social status, and then it suddenly drops, right? Then all the things that you used to be able to expect go away. Like there was this good article in Los Angeles Magazine that I just read. Musician Ryan Adams, all right? So he was cruising along in life. And then he became the subject of a Me Too article in the New York Times under the headline. Ryan Adams dangled success, women say they paid a price. So he was going along, and then various women made allegations of sexual misconduct, emotional abuse, right? Emotional abuse can be anything.  Of obsessive and retaliatory behavior with several female artists. And his ex-wife accuses him of emotional cruelty and sabotaging her music career. So almost everything that this guy is accused of, pretty much anyone in his position could be accused of. And most damaging, the New York Times said that Adams traded sexually explicit messages online with an underage girl. Well, if you review the messages apparently, she told him she was 18. And she was a public performer, she was singing in public. So he had every reason to believe that she was 18.  So when I talk to sponsors, I tell them, record these calls by all means. You might find them useful. I may say something, you may say something that you want to listen back to later. And this knowledge that my sponsor is recording or could be recording, it affects how I speak. Because what if the sponsor plays this for a friend? Then how's it going to look? So I could say something to a sponsor in a particular context and it's perfectly appropriate. But then when the conversation is played out of that context and other people here, they could understand it differently. So keeping in mind that everything I'm saying could be recorded has a salutary effect on me. And when I teach an Alexander technique lesson, I welcome clients recording the lesson. And so that also has a salutary effect on me. I don't say anything in an Alexander technique lesson or usually in a work setting or in a 12 step sponsorship relationship that I would not want recorded. And then that tends to make me more responsible. I tend to generally try to live my life as I what if what I'm saying and doing were accurately portrayed on the front page of the New York Times. So this singer Ryan Adams just had his life destroyed. So he was going along like this and then he lost all social status. He even went negative in social status and pretty much everybody turned their back on him. And so that's what happened to, I think, Governor Andrew Cuomo. He was COVID hit, he rapidly gained in social status. He was like sky high in social status and then everything came crashing down. And so he can no longer count on the cooperation of other people and people don't want to be associated with him. So I've experienced that where I was going along with a moderate amount of social status and then some things were said about me or things came out about me and certain circles like my social status just hit the floor and then people like would shy away. Like they would try to distance themselves from me. Then other times say after I was on 60 minutes or on entertainment tonight or something like that then more people wanted to associate with me. So our social status is going to depend, it's going to affect how much people cooperate with us and what we can get away with. So also the more socially prestigious your job, the more vulnerable you are to getting canceled. So am I at a motel six? I gotta have some secrets, bros. I gotta have some different locations. You don't think I can just share everything, just bring everything to the table and just lay it all out? I mean, look, I was interviewing Richard Spencer last night. My wife kicked me out of the house. So I had to go to a motel six, but I'm in good spirits. So, I mean, Michael Tracy read some really good things, I think, on Governor Andrew Cuomo and how piddling these allegations of sexual misconduct are.  But it's funny that he's resigning ostensibly because of these sexual misconduct allegations when his bad policies of with regard to COVID and nursing homes killed thousands of people. And there wasn't much pressure for him to resign. Thank you, you're going to leave the light on for me. So, I notice in these types of situations, people tend to focus on, I didn't do anything wrong, all right? You can not do anything wrong and other people can decide for reasons of their own benefit that they don't want to associate with you anymore. They don't want to cooperate with you anymore, all right? We're in an attention economy and someone who's now suddenly regarded as creepy, is going to have less ability to hold on to your attention so they're going to lose in status and power and that's going to inhibit their ability to do their job. So, I just noticed this initial response. He didn't do anything wrong. I didn't do anything wrong. But that's not the question. I think the primary question is, what are the incentives facing the people around you, all right? What incentives? So, if you fall in social status, then people are going to have incentives to shy away from you. Wish you'd fought till the end hasn't Cuomo seen downfall. Well, a lot of people think they're brave and a lot of people think they're strong. But everybody's got a weak point and when there's enough weight coming down on you, everyone's going to crumble at some point. So, this also feeds into my belief in the power of situation, all right? Situation has far more to do with how we behave and how we think and how we feel and how we speak often than any inequalities. So, Governor Andrew Cuomo seems like a really strong guy, but in certain situations like this, he finally crumbles. And you may think you're a strong guy, but if enough pressure is put on your weak points, you will crumble. So, people who we regard as heroes just so happens that they got into situations that matched with their strong points and so they were able to behave in ways that most people regard as heroic. But everybody who you think is a hero, there are situations where they would be cowards. Everyone who you think is an upstanding citizen and a moral inspiration and a teacher of light and love. In other situations, they're going to be creepy and cowardly and weak, right? So, we all have situations that bring out the worst in us and we all have situations that bring out the best in us. And so, those who we regard as great, well, it just so happens that we only think about them in regard to those situations where they are great. And people that we think suck, much of that is simply that we only think about them with regard to situations where they are not impressive. And people who we think of as competent is because we're thinking about them in situations where they are competent. So, we all have situations where we're competent and situations where we're incompetent. We all have situations where we're honorable. So, some people will be honorable at work and dishonorable in their private sexual behavior. Other people will be honorable with regard to their private sexual behavior but they'll be dishonorable at work. Yeah, likely there's some kind of quid pro quo resigned now without impeachment and you may be spared certain levels of humiliation. So, often an army will keep fighting until there's absolutely no hope. So, as I see it, Governor Cuomo wanted to keep fighting until he saw the writing on the wall, until he saw that there was absolutely no hope.