moomoo Live in Toronto Smart Money Tactics for Better Entries Exits Fausto Pugliese
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Fausto Pugliese, a veteran day trader since the early 1990s and founder of Cyber Trading University, introduces "Smart Money Tactics" designed to help traders align their strategies with institutional money rather than relying on outdated technical indicators like Fibonacci or MACD. He argues that stock movements are driven exclusively by supply and demand dynamics between buyers and sellers, utilizing Nasdaq TotalView Level 4 data from major exchanges such as Archipelago and EDGX to reveal real-time order flow. This advanced technology, which Pugliese notes is available for free with a Moomoo account unlike the expensive proprietary tools used decades ago, allows traders to see beyond surface-level prices and understand the true mechanics of market movement without falling victim to false signals generated by algorithmic execution or program trading.
Central to this approach is the concept of "iceberg orders," illustrated through a Titanic analogy where small visible tips hide massive blocks that serve as genuine support or resistance levels; significant buy walls prevent stocks from dropping while large sell walls cap gains, and breaking these thresholds often triggers automated selling by market makers. Pugliese teaches traders how to use time-and-sales data for "tape reading" to identify false breakouts before they occur, thereby avoiding the trap of holding losing positions when a floor is breached or slippage happens due to wide spreads in low-volume stocks with small floats. He clarifies that every successful swing trade effectively begins as a day trade and only converts if momentum warrants it overnight, emphasizing that understanding execution mechanics like limit versus market orders is crucial for managing risk once the dangers of spread volatility are understood.
The presentation also addresses common misconceptions about fake orders and conspiracies by advising traders to rely on executed trades shown in green or red within Time & Sales data rather than getting distracted by canceled orders or hidden depths that Level 2 displays often obscure, which he prefers to call "Level Three." Pugliese highlights Moomoo's unique advantage over other brokers who may profit from client losses, positioning the platform as a partner aligned with trader success through superior mobile tools and real-time depth of market visualization. To further assist viewers in mastering these skills without financial barriers, he urges them to scan a QR code or register for free entry into an upcoming workshop hosted by Moomoo, where they can learn directly from staff members like Amal, Josh, and Rich during live demonstrations on the trading floor downstairs.
Ultimately, Pugliese concludes that effective trading requires affordable access to advanced tools and a deep understanding of how institutional order books function, ensuring traders do not lose capital due to misunderstandings about market mechanics or hidden liquidity blocks. By combining free educational resources like his book "How to Beat Market Makers at Own Game" with live demonstrations and personalized guidance from experienced staff, he aims to empower retail investors to navigate the complexities of modern markets confidently. The core message is that by focusing on real-time order flow, recognizing true support and resistance levels hidden beneath visible orders, and utilizing platforms like Moomoo that prioritize trader success over client losses, individuals can develop a robust strategy capable of competing with professional institutions in today's fast-paced trading environment.
Read the full video transcript
All right.
All right. Well, welcome everybody. So,
we're going broadcasting. We're
broadcasting live
um online.
And uh listen, feel free to ask any
questions possible. So, uh today I just
want to thank you all for being here. My
name is Fausto Pugliese, president
founder Cyber Trading University, and
we're going to talk a little bit about
how to use the Moomoo platform. I'm
going to show you how to trade today's
markets and exactly uh with the rate cut
and with earnings announcements, I'm
going to show you some of the greatest
tools that we use as traders. All right?
So, let me just change the slide here.
Uh there we go.
Really quick, I just want to make any
promises that works for nobody, all
right? Everybody. So, uh listen, there
is a high risk in trading. Just want to
make everyone aware of it. Don't go out
there and risk what you really can
afford, okay?
So, um this is what we're going to
cover. We're going to cover how to
follow the big money. Now, I'll tell you
a little bit about myself in the next
few moments. I've been doing this for 35
years. I'm one of the original
day traders that started back in the
early '90s.
Uh
when I started there was about a
thousand of us, thousand or over about a
million around the world. I'm one of the
godfathers that started trading. All
these prop trading firms that you heard,
I live in New York. I was one of the
first ones that started it. I'm going to
show you exactly what we do use and how
we utilize it. The technology I'm going
to talk about today has been around for
50 years, okay? So, some of you are
going to learn for the first time. One
thing I was very impressed with the
Moomoo platform, it does have it. That
that's one thing that we're very very
selective who we trade because a lot of
platforms don't have it, but I do a lot
of education for Nasdaq and some of the
other brokerage firms, and Moomoo is one
of them. And we're going to show you how
to utilize it. What we're going to talk
about something that's called the right
of the chart. The right of the chart is
what most people focusing on the left,
which is indicators, the past, the
history. I'm going to show you where the
institutions are. I'm going to teach you
where the algorithms are, or the high
frequency trades. So, how do I know
this? Because I was one of those guys.
And I'm going to show you how we do
utilize it every day.
Um I had some students here after we're
done. If you are happy you want to talk
to them, some of them have been here
been my students over
my students over 10, 15 years, and
they'll tell you a little bit about some
of the tools that we use. What we're
going to talk about um
we're going to talk about order flow.
We're also going to talk about the best
times to trade. I'm going to show you
how to trade pre-market. I'm going to
show you exactly what orders are out
there, how to find these stocks. I'm
also going to show you how to be an
overall
better trader. But most importantly,
regarding all this really nice stuff,
I'm also going to talk about money
management. You know, everyone's
everyone always wants to know, tell me
what to buy and sell. That's how you
make money in trading. When you the way
you need to learn how to trade, you've
got to learn how to stop losing it, and
you have to hit the button at the end of
the day. You got to need to know when to
get in with get out of the position, and
that's what I'm really going to cover.
So,
um regarding about the live markets, um
you know, obviously the markets closed
right now, but um but I'm going to show
you a couple examples. Uh I'm going to
invite all of you at the end of the
presentation to come into my trading
room. Um I started one of the I started
probably the first online trading chat
room in the industry.
Uh we have it down to a science. We had
several instructors that work for us um
in there. And you're all going to be
invited at the end of the day. You'll
see exactly how we trade in pre-market.
You'll see how we use the Moomoo
platform. We'll show you how to find
these stocks that's moving. Everyone's
always trying to find what's moving.
We'll show you how what's moving and how
they're moving, and then most
importantly, you get to listen from the
other traders exactly how these things
move on their own.
Now, um like I told you, I've been out
of any Do any of you know what this
means, SOES bandit?
Anybody know what that means? Nobody
knows what that means? Okay. So, SOES
means small order execution system. So,
before um
the way things started, just to let you
know history, that being one of the
original day traders and how we evolved
to what we hear what what what we're
doing today is uh
being a a SOES trader, I was basically,
how can I say it?
Being a market maker, unless you had
unless you had a seat on the exchange,
there was only one way to trade, and
that's being a Nasdaq trader. So, the
platforms that you use today that allow
you to use what's called ECNs, they call
electronic communication network. You
know what ECNs are?
Island, Archipelago, all the tools I'm
going to show you in the next few
moments, you actually have a seat on the
exchange. I was actually one of the beta
testers, and I helped develop those
platforms. So, but before you had those
tools, we used a different platform
called SOES. So, if you read any of the
old books,
you'll see they talk about the SOES
bandits, that's what I was. All right?
So, that's what basically called the
original day traders. And also, just let
you know, I'm a 12-time champion. I beat
every trading school in the industry
that I competed against. Um I've been
all over the world from China to London
to Europe to US, everywhere. Um the
thing is, when you see these trader
challenges, a lot of these people are
not day traders. They're more like swing
traders, options traders. But once you
know how to day trade, you'll learn how
to swing trade and invest. That's what's
key.
So, um
at the end of the presentation, um I'm
going to give everybody a QR code. I'm
going to give you all my book, um "How
to Beat Market Makers at Own Game." It's
been published by Wiley, which is the
one of the oldest schools in the
industry. This is a a color book. Um
if you want, you can pay me $60 on
Amazon. I'll give it to you for free.
Okay? So,
um it's it's a great book. It's a fast
read. I did on purpose. It's going to
tell you the history of how trading
works, how everything I talked about,
and it's also going to show you um I
mean, it's it's it's an it's an older
book, but not the technology hasn't
changed. Everything is pretty much the
same. So, you're all going to have
access to it. Um also, just let you
know, I've done so many presentations on
Nasdaq. If you go to our website, you'll
see um
some videos that I showed. Uh like if
you go to our homepage of our website, I
showed it Moderna. Everybody know
Moderna, stock Moderna?
They're the ones that invented uh the
COVID vaccine.
I showed you the video of the where it
was at $27, and I showed you this
thing's taking off and so on. I was
actually at the Nasdaq website. Nasdaq,
I did big presentation. You'll see it.
But I'm I'm usually there. I'm a regular
guest. Nasdaq wants you to learn how to
trade the market. 90% of people don't
know how to trade.
They think it's all about indicators.
They want you you know, I do
presentations what I'm going to show you
today that if you want to trade the
market, you got to use their tools. And
a lot of you just don't know it. And
what's great about the Moomoo platform,
they have it. And a lot of people don't
know about it. And I'm going to show you
how that works. So,
with that said, I'm not here to put
feathers in my cap. I'm here to teach
you guys how to trade. And the goal is
I'm going to show you talk about like
what's happening this week. We had rate
cuts. We had earnings that came out. The
question is people ask me
how do you know which stock to trade?
There was so many of them out there. How
do you know what's going to continue to
go higher? How do you know when to get
out? I mean, what's everyone's biggest
issue? You don't know where to get in.
You don't know where to get out. You
feel like you're chasing stocks.
You you you you're selling your winners
too soon, and you're holding your losers
too long, right? And that's everyone's
biggest issue.
So,
basically,
that's basically having guaranteed for
failure.
You have to know where that resistance
levels and where those support levels
are. So, what I'm going to show you is
something called
how to follow the big money.
Now, just remember everyone, what makes
stocks go up and go down?
Buyers and sellers.
That's it. It's not a Fibonacci. It's
not a MACD.
It's not a you know, a moving average.
It's buyers and sellers. If you just
knew where the buyers and sellers are,
that would give you a fighting chance to
know where to get out. Just keep in
mind, we are the ants on the floor, I
tell everyone. We're just trying to get
the crumbs. Being a market maker, we use
market makers, brokerage firms trade
hundreds of thousands, millions of
shares. They don't care about you. They
have orders to fill, and that's it.
You'll know exactly where they are. I'm
going to show you on the Moomoo
platform, which is which is phenomenal.
So,
we're going to talk about something
called the big follow the big money. Um
I came I'm going to tell you um you
should remember this. Something I'm
going to talk about is called iceberg
orders.
Everybody know what an iceberg is?
All right. Okay. So,
an iceberg, everybody know I I I came up
this word watching the movie the
Titanic. So, everybody know the movie
the Titanic, what happened to it? So,
what happened was the Titanic came, and
they see you see an iceberg, and it's
you know, they look what's on top. It's
not what's on top, it's what's on the
bottom. An iceberg is tremendous on the
bottom. If you don't know what's on the
bottom, you're going to crash, and
you're going to you know, and obviously,
you saw what happened to Titanic. What's
on the bottom, that's level four That's
what we're going to talk about. We're
going to see those orders. Everyone's
always looking on top. Nobody knows
what's on the bottom. So, we're going to
look for iceberg orders. So, let's go
and talk a little bit about something
called total view. Now, just to raise a
hands raise a hands, who here is using
the total view on Moomoo?
No one is using it? One person who works
here. Well, I got my two employees, too.
My students. No one here is using it.
Nobody? Okay. How about online? Oh,
yeah, well, we got a bunch of people
online saying
All right.
Listen, I'm going to be very honest with
you. What you're about to see right now,
you it's going to be very disturbing, to
be honest with you. You're about to see,
you're going to really realize
one of the most important tools
um that are going to show you what makes
these stocks go up and down. Now, I'm
going to offer all of you at the end of
the presentation, not going to cost you
anything.
I'm going to do a workshop on this live
during the market hours. So, we practice
what we preach. So, whatever I show you
here, you're going to see it live. All
right? This is actually called the
Nasdaq TotalView.
What you're seeing right here is you're
seeing every single buyer
Go over here.
And every single seller.
You got two very important columns.
These are the prices
and these are the These are the amount
of shares. So, you're seeing exactly how
many shares and how many buyers and how
many
how many shares are out there looking to
be bought at a specific price. Once
again, how do stocks go up? Buyers and
sellers.
What makes a support resistance levels?
Buyers and sellers.
If you knew where So, as much as you see
a support resistance level,
well, guess what?
A support resistance level will not
exist unless that buyer and seller is
out there. Remember that. And that's
what we're going to focus on.
So, here we have an example that I made.
Everybody's looking for support, right?
Listen, you have it backwards.
It's not you're looking for support,
you're looking for the buyers. Buyers,
support does not exist unless the buyers
are out there. Always remember that.
Most people are doing the opposite and
that's why people fail. So, here you
have a stock that's going down, right?
Why did the stock stop at this price?
Can anybody tell me?
Could you tell me why that stock stopped
right here?
The
supply and demand.
Buyers.
Buyers, right? Does everybody agree?
Yeah.
How do you know that there was buyers
out there? How do you really know that
was a support level?
What do you do? Uh because of the
volume.
Because of the volume? No.
Green box. What? Green box.
Well,
is the candlesticks? Yeah.
No.
You got it wrong.
The reason why is because there's 82,000
shares that are going to be bought at
that price.
If you look right here, look over here.
We're looking at Archipelago, which you
will get.
Do you think 200 shares are going to
cause
200 300 shares going to make a buyer?
500 shares? 1,000 shares? Look at all
these buyers at every single price.
Guess what? When you work your way down,
82,000.
You see,
a lot of people look at this and you
probably did see it and you probably
looked at it like,
you know what? It's moving fast, lot of
numbers, right?
98% of this is worthless. You don't care
about that. I don't care about this 300
share buyer or seller. I don't care
about that 2,000 share. I care about the
biggest iceberg order and that's the
82,000.
That's what makes this a support level.
So, when you see stock go from 62 down
to 25 and you're like, oh, why is it
holding here? Why Why didn't it go to
24? Why did it stop at 25.40? Why did it
stop specifically at this number? Oh,
because 25 is a whole number. No, has
nothing to do with it. Has to do with
this order out there looking to buy it.
That's why that stock went up.
Did I lose anybody yet?
So, is that bigger candle, is that the
82K?
This? Yeah.
So, what ended up what could have
happened, and this is what we'll teach
you in during class, this person right
here at 82 probably decided wasn't
getting executed. So, what it So,
listen, if you wanted to buy something
and nobody's selling it to you,
how are you really going to buy that
stock? What do you have to do? Increase
your price and pay more. You have to do
what?
>> Pay more. You got to pay more. Right,
exactly.
So, right now you're on the bid.
What Does everybody know the difference
between a bid and offer?
Bids are buyers, ask are sellers, right?
So, if you're on the bid, nobody's cuz
you say, hey, listen, I want to buy this
stock. I'm on the bid, right? Nobody's
selling it to you. There's only one
place where you could buy it.
And that's the sell side. The sellers
are on the ask. So, maybe this buyer
says, you know what? maybe just
hit the offer and maybe he's the one
that brought it up. And you'll see that
because he'll pull this order and all of
a sudden you'll see volume come off and
that stock will go up.
Does that make sense?
Remember the two most important things
about trading.
How do stocks go up?
How do they go up and down?
Everyone? Buyers and sellers. Buyers and
sellers.
Supply and demand. Always remember those
two things.
That's how things go up. Not a
Fibonacci, not an MACD, not a moving
average.
It's buyers and sellers. Keep it simple.
It's called the KISS method. Keep it
super simple. Okay?
So,
let's talk about a resistance level.
Here's the stock. Doesn't matter what
this stock is, they all trade exactly
the same. Here you have a stock right
here at 102, right? Stock goes from 102,
it goes all the way to 112. You can see
it goes 112, back to 112, back to
whatever. You've seen this chart many of
times, thousands of times. And you're
probably wondering, why is it stopping
at 112? Wait a minute.
I thought it was supposed to be 100 What
Where'd 112 come from? That sounds like
a weird number. Why not 115? Why not
120? Why 112?
Why did the stock stop at 112? Does
anybody know? Why would the stock stop
at 112?
Anybody want to take a guess?
End of the month. It was too expensive.
Cuz it's expensive?
>> [laughter]
>> Well, sellers. What? Sellers.
Sellers. Yes.
Do you see sellers on the chart?
Do you see it? I don't see sellers on
the chart. Let's look over here at
TotalView.
So, here's sellers. Here's Arca, which
is an an exchange that's that's New York
Stock Exchange. You got 11 shares,
10 shares, 400, 150, six shares. You
think six shares are really going to
make a resistance level? I don't think
so.
Oh my god, 62,000 shares are going to be
sold here at 112.
Look at that. Boom.
See how many Look at all these orders
out there.
They're worthless. That's the order you
want to follow. That's the big seller.
Does that mean um
one seller?
Okay, so that's a great question. So,
that seller could be made up of There's
another field, which I didn't show you
yet.
Um that could be made up of
It's definitely not one person. It could
be 50 people, could be a 1,000 people.
Did That's what's called program
trading. That's something we're going to
teach you when you come to our trading
floor next week. We'll show you how many
orders those are and because it could it
it's not one person. It's It's an
aggregated This number right now is
aggregated. You can unaggregate it. So,
you know, we'll show you on the Moomoo
system.
Um I didn't I don't like doing that
because then you would you wouldn't see
this order cuz this order might be this
small. And then you'll miss all the
orders lower. So, what I'm trying to do
is I'm consolidating it so you can
aggregate it so you can see it like
that. Does that make sense? So, that
order could be maybe 1,000 people.
I don't need to see 1,000 orders. I want
to see it all in one order cuz I don't
want to see because if I did it over
here,
this order might be like
300 deep. Does that make sense?
Any questions?
All right, let's look at another one.
Now, let's look at TotalView in a little
bit of action here. All right. So, here
we're looking at Revlon, okay? It's down
22% at the beginning of the year. The
stock is going down. All right? So, who
wants to be my guinea pig?
Anybody want to want to take a shot at
this?
I'm going to ask a dumb question.
Stock's going down.
You ever own a stock and things going
down you're like, oh my god, like, do I
sell it now? What do I do? Right?
What's going to prevent the stock from
going lower?
What do you think is what's going to
prevent the stock from going lower?
Buyers versus sellers.
Sellers. Remember the two most important
words that we talked about, buyers and
sellers.
Do you see buyers on this chart?
There's no buyers in the chart. What's
this? This called a left edited chart.
This is the past.
We want to see the future, right? What's
the future?
The orders. So,
we have to find support because Listen,
support could be $5. It could probably
be at support levels. It could you know,
could be
you know,
How many times have you sold a stock and
as soon as you sold it, the damn thing
goes up?
Or how many times when as soon as you
you know, I I
as soon as you you buy it, the damn
thing goes down?
The reason why you didn't see the orders
out there. So,
here we're going right to the Moomoo
platform, all right? And we're looking
at the buy order and I'm looking at all
these orders. There's the Nasdaq, okay?
15, 30, 13, 12, 10. Look at that right
there. 119,000 shares are going to be
bought right here at $15.
So,
what do we do?
What do you think is going to happen
when we get to 15?
It's going to Is it going to go All
right, I want everyone to raise a hand.
Who thinks it's going to go lower? Raise
your hand.
You think it's going to go lower? Who
thinks it's going to go up? Raise your
hand.
Everybody's going to Okay, let's see how
that worked out. Oh, congratulations.
You were wrong, everyone's right.
That side is sell, right? Left side is
sell. that's okay. You got it
wrong.
That's a good thing. You know why?
Losing money, I tell everybody, is not a
bad thing. As long as you know why you
did it, you're not going to do it again,
right? So, So, left side is buyer.
Right side is seller.
Right. Left is the buyer, right is
seller. Yeah. So, we're looking at where
the buys are and the buys were on the
left. You Remember, stock's going down,
what's going to prevent the stock from
going lower? Buyers. You need a new
buyers out there. That's where you saw
the big buyer, and that's where that
buyer is 119,000 shares, and that's why
like you only had about a couple of
minutes before the stock went up.
See you ever you ever see a stock like
all of a sudden thing bounces like how I
understand how the thing go up on me?
How you why did it bounce?
It bounced because you you we saw him
out there. He was there.
But boom, now look at it. Went from 15
all the way up to 1660 in a matter of
you know over the course of the day
within a couple of hours.
Let me tell you what why people love day
trading.
If you bought 1,000 shares at 15
and you sold it at 16
how much money did you make?
>> [clears throat]
>> $1,000.
$1,000 * 5 days a week is how much?
$5,000. $5,000 * 52 weeks. You know what
you know what that comes out to? About a
quarter million dollars salary. This is
why people love day trading, you know?
You didn't need to sell at 16, 18, or
20.
You know what? If you make 50 cents on
that
it's a $100,000 salary.
But what you have to understand is where
the entries and exits. It's all about
getting at that right price. Yeah. Just
a quick question. But when you see this
119
like
105 8K for late
Who says it's too late? I mean when to
He's he's When you see the when you sell
I think we just make it worse.
>> Let me ask you a question. Do you ever
use this Do you ever use this part of
the program? No, I don't use that. I use
different things.
>> Okay.
So listen, I'm a market maker. I was a I
was a trader on You see those guys
running around in New York Stock
Exchange? That was me, okay?
This is When you
These are the big These are the big
orders that are out there. When somebody
when an institution calls us up and say
hey listen, I want you to buy 100,000
shares of this stock. I'm not sitting
there playing games and like well I
can't sell everybody because everybody's
going to see me. They don't care. They
want that order to be filled. They're
just They That is called program
trading. These are the algorithms. You
ever heard of algorithms? High frequency
trade? You ever heard of dark pools?
That's what that is right there.
So what what you're saying is when you
see this order
just going
I didn't get to the next slide. But in
theory, yes. Because that's telling you
there's a big buyer out there at that
specific price.
And I'm just showing you you just more
basic a simple chart. Why you when you
see support resistance levels and wonder
is the stock going to hold the support
level?
Well, the only way to confirm that if
that if that support level that was in
the past is in the future. And that's
that that's that future order out there.
And that's the plat and that's why on
the Moomoo platform you get this total
view platform with it.
And like I told you, all of you I'm
going to invite all of you to come to
see it live, you know, next week when I
when I get back in New York. You're all
going to have access to it. I'll show
you exactly how we utilize it.
Um hold on. I had a couple of people
that chatted me online.
Uh
You know, like over like 70 people in
there. Oh,
uh
So if anybody's chatting online, just
let everybody know that we have staff on
online. They'll be able to answer that
question for you, okay?
All right.
>> [snorts]
>> So let's uh where can we find resistance
levels on the stock?
So you own a stock. Here's a stock that
had a really nice move in the video,
okay? So Nvidia
this is pre-market, okay? And you see
how the video basically this is called a
the 5-minute sheet that we we talked
about. This is where
when market opens up all these orders
come out and gets a little crazy. Stock
bounced over here, went to 185, shot up
to one 18950, okay?
So that's a pretty big move in the
morning. So you have a own a stock all
of a sudden you own it. And like okay,
so my thing is that's a big profit. I
love Nvidia. I own Nvidia. I mean been a
big fan of it. But as a day trader,
which leads into a swing trade into an
option trade, you
have a game plan, right? Your game plan
is this.
Where are the sellers? Remember, we're
nobody.
We're just we're we're the ants on the
floor, okay? We're just like you said,
if you can make 100 grand or quarter
million you'd be happy.
For these people
they don't they can't make that. They're
making hundreds of millions. They have
orders to fill. You need to know where
their orders are. So do you see orders
out there looking to be sold on that
chart?
No.
What is going to tell you where the
orders are?
Got to look at
level four. I mean I call level three.
So here we looking at the buyers and
looking the sellers.
By the way, just give you a little heads
up which some of you probably don't know
this.
There are um
Moomoo offers
um you have access to a few exchanges,
okay? You have Archipelago which is the
New York Stock Exchange. You have
EDGX which is the Chicago. You have the
Nasdaq.
Nasdaq
probably controls about 50% of the
volume in the world.
So they're like the largest.
So that's why I'm a big more fan of just
watching the Nasdaq more than Arca and
the other ones. You still get good data,
but
Nasdaq has like most volume is traded on
the Nasdaq market.
So So I that's why you're seeing Nasdaq.
So the stock is going up, right? What is
going to prevent a stock from going
higher?
Someone is selling. Sellers, right?
Where are the sellers? On the left or on
the right?
The right. So I'm working my way down
the right on and we're looking here on
the right-hand side and I'm working
down. The first thing we'll look at is
where is the biggest seller? Right
there. 40 million shares at 190.
Without even looking at a chart. Without
even looking at an indicator. Without
even looking at the news.
What do you think is going to happen
when we get to 190?
In theory, yes. But but you know the
only way that stock is going to go up
is two things
need to happen.
Number one
someone's got to buy 40 million shares
at that price or number two all those
hundreds of people need to cancel and
say we all want out.
So those are the two things that have to
happen. In theory, they're not all in
cahoots with each other. Anyone ever
heard of something called um
spoofing?
You ever heard of spoofing? Okay,
spoofing is illegal.
Okay?
You big fine.
It If you put an order on Moomoo, could
you cancel your could you cancel your
order?
Okay? You could change your mind
legally, right? So I mean that could
happen. So spoofing just let everybody
know. Everybody say oh how do you know
those people ain't how do you know those
are fake orders?
Well, first of all, could you put an
order on Moomoo for say hey Moomoo,
could you put a fake order so everyone
sees this order so you know so I could
scare people? They won't let you. No,
they're like you could, but you have to
put the money up.
Those are real orders. Just want to
clear cuz people always ask me how do
you know that's real? They're real all
right.
You you can't put an order on an
exchange if they're not. So spoofing is
illegal. Now getting back to can
somebody cancel? Absolutely. But when
you have so many orders out there
um they're not all in cahoots with each
other. So we'll show you next week in
the live market hours. You'll see if
those orders getting executed or not.
But in theory right now without looking
at a chart
190 is a resistance levels.
Look what happened here on the chart. So
stock goes from 10 at 10:00 a.m. in the
morning, shoots up from 185, goes all
the way at 11:00. Look at that.
11, 12, 1, 2. Never want to break 190.
And it's going to go up. Then you can
see how it's trading down around 4:00 it
goes up 188.
That order's been out there forever.
And I will show you in the live market
hours. I mean I can't show you now cuz
the market's closed, but I'll show you
when you guys register. That guy's still
out there. Actually
it's not even 190. It's about 1.5
million.
Because when I aggregate Arca and
aggregate EDGX, that that's a big order
than you even expect. Right now this is
what I basically was able to capture on
the Moomoo on this one. But it's
actually more shares than that. Okay?
Now think about it. Do you want to go up
against someone who's got a million and
a half shares out there?
Probably not.
Now
can we get past
190 can we get past 190?
We can? How could that happen?
There are more buyers willing to buy it.
Exactly. Very good. Which I'm going to
lead you to the next one.
What happens when a stock breaks
a support level? How do we break a
support level? Well, that's what I'm
going to show you now.
We're looking at a stock right here
Apple, okay?
Here's all the buyers out here at 250
256, 255. There's a 47,000 share buyer
that's sitting here at 256.72.
So I mean if you look from left to right
200, 300,000
200, 300, 47,000. That I mean
99% 90% 99% of these are garbage. That's
the only order you care about, right? So
in theory
what's going to happen when we get to
that number? What do you think is going
to happen?
What's going to happen?
It's going to go up. It's going to go
up, right? Very good. That seemed that
difficult, right? Doesn't seem
confusing.
So here is Apple, right? 9:00 this
morning, it hits that price at 27 uh
goes back up to 256, trades out, hits
257,
goes back up to 255, 257. Now,
I'm not here to teach you one of my
classes cuz we're going to get more
detailed. This is called
what we call a false flag.
Um I actually will teach you exactly
what this means. It's called
consolidation. But what's happening here
is it hit this buyer,
came up, hit the buyer again, never went
to the previous high, hit the buyer
again. You ever heard of bull flags and
bear flags?
It's basically what kind it is, but some
people don't even know what a bull flag
and bear flag really means.
Look what happened on this chart at 250
at 256.70.
It went It went from that number and it
just
dropped
to 244.
How does that even How is that even
possible? Fosta just told me
that when you see a buyer,
it's supposed to stop. Well, listen,
support levels get broken all the time.
Can we break through this floor?
Well,
get a couple of sledgehammers and see if
we could break through it. Well, what
happened here is that buyer got
executed. Somebody sold to him.
Now, here's the next thing you probably
don't know you probably don't use on a
Moomoo platform.
You guys know what time and sales are?
Have you used time and sales? Who uses
time and sales?
Okay?
You know what the definition of time and
sales time is it's a stamp that a
transaction took place at that price.
When you have the Moomoo platform,
you'll see every execution system every
execution. You will see that order get
executed. That number will keep
dropping. 47, 46, 30,000, 25,000,
10,000, 5,000. If you see that number
getting executed, what does that tell
you? That means that buyers Someone's
selling to that buyer.
Do you want to own a stock when you know
the trend is going down even though you
see the buyers out there? Meanwhile, the
guy's getting executed. That's what that
big candlestick is. Okay? You ever see
those candle bars and the volume bars?
That's time and sales.
These are the things
I was called um
when you read my book and if you read
any of the older books,
you hear something that's called tape
reading. Ever heard of what's called
tape reading? We know how to read the
tape. I would I I learned how to read
the tape. So I teach my traders how to
read the tape. So if you see those
orders like, "Oh this guy's
getting executed." I mean, as much as we
knew it support levels, boom boom boom
boom boom, the guy's getting done.
What do you want to do? You want to hold
the stock?
"Oh, I can't take a loss. I own it up
here.
I just bought it."
You know what? Like it or not, you break
through this floor,
you you know what the next floor is?
It's not 2 ft. We're probably what?
About 20 20 ft 30 ft up. You're going to
break your leg. You might even die if
you fall off this floor. But you as a
trader, you need to know that. You need
to know that. Is the next support level
2 ft or is it 30 ft? And from what I see
here,
I don't see the next buyer out there.
That's where you're going. So like it or
not, how many of you actually did a
trade and like, "I wish I sold it the
before. I shouldn't have held it. I
shouldn't have held it. You know, I
can't sell it now. I don't want to take
a big loss."
Well, that's your problem. You should
have known where the sellers are the
where the buyer was.
And guess what?
Where do you think the stock is going to
stop?
What's going to prevent the stock from
going lower?
The next buyer.
And you got to find where he is on this
on this on on the level two on the level
four. You got to on total view.
And you know what? If it was here, maybe
at 256, but you might see next buyer 244
and we'll show you that.
You know, they're there. Listen, it's
called program trading. They They have
their orders out there. You need to have
that game plan.
Anybody own a house?
A lot of us own a house. Who owns a
house? How Think about it. When you
bought a house and the first thing they
ask you
is put a bid in.
Well, you're like,
"Well, I put a bid. I don't want to put
it too much. I don't put too less." You
know, you don't want to pay too Imagine
there was a a platform that would tell
you what everybody wanted to pay.
And you know exactly who the big one was
who wanted to pay for it.
You might not put the bid in.
But then all of the sudden you're like,
"Wait a minute. I was going to put a bid
in this high." Imagine you knew you
could have put it this much lower and
paid less and you just basically paid
more for it not knowing. Well, guess
what? There's a book for it and that's
what you're looking at.
>> [clears throat]
>> So there's not You don't have this in in
in in the real estate, but you do have
it in in the stock market.
By the way, do you trade options? Anyone
trade options? Those big orders, those
are big option calls. That's what they
are, too. Some people don't know that.
All right, there's one more thing I I
don't have time to show you because the
market's closed, but I will show you
this during the market hours. There's
something called level four.
So there's something called a heat map.
So here you will see the orders out
there.
You'll see the big buyers like this
100,000 share buyer and now what you'll
see is you'll see it you'll see how long
he's been out there for.
You'll see if he got executed, you'll
see if these orders got canceled,
whatever.
So imagine you had something If you like
to read a chart, you say, "Well, I like
the chart, but the numbers moving too
fast." They do have something that's
called a heat map, okay? And I'll show
We'll show you this in our trading room.
Um but that's basically, you know,
you know, something that if you just
don't understand how to follow the
number,
then this is going to be overkill for
you. But I just wanted to show you there
is something else out there on top of
that.
All right.
So
we're almost done here. So basically, my
goal is stop reading the past and start
reading the future. Start looking the
way the orders are. Okay? How many
indicators are out there? Does anybody
know?
How many? Thousands. And you know what?
When that person tells you, "I know I
know that indicator," you'll get 10
other people tell you 10 different ways
why they read it better than the other
guy, right?
There's only one way to read the market.
I'm not telling you I read it better
than others. This is how this technology
has been out for 50 years. When I
started 35 years ago,
you know, I'm like, "How does anyone
trade without this?"
Well, this is the great part about it.
When I started and why people failed,
when I got into the industry, I was 22
years old. I'm 54 now.
And I had to pay a thousand dollars a
month for this technology.
So when I was sitting in this room like
you guys were 35 years ago,
if I and they said, "Okay, who wants to
trade the market?" Everybody's like, "I
do." You know, everybody's like, "Okay,
who wants to pay a thousand dollars a
month for this technology?" Everybody's
like, "Okay, maybe." You just see people
walking out this and that.
Wait till you see what this thing costs
you
with Moomoo. It's going to blow your
mind. Okay?
But before we get there, let me tell you
some of my favorite trades, okay? So
let's check this out.
Does any of you I know some of you got
my registration. Do you guys follow me
on Instagram, TikTok, and YouTube? Any
of them?
So you do? Okay. So if you get a chance,
um I did a couple of I don't like to do
long videos. I like to do short ones.
Um
some of them I did like one of the big
ones I did about silver breaking 100. I
talked about the next biggest one is
copper. Copper just ran like 3 days
later. I did these videos before. I
talked about how profit taking is going
on. So these um
when you're a student, you know, you'll
understand what these are, but I try to
do some fast videos. I talked about like
I I showed you the the silver run and I
I predicted something it was going to
break 100. I showed you in this video
when it was like like uh 68, 70. How did
I know that? You saw the orders out
there.
There was an order out here on silver,
which I never saw before. Usually the
orders are like
about 300, 500. Someone was trying to
buy 200,000 shares
of of SLV.
Okay? The ETF.
And he bidding it He was bidding it. He
was bidding it. He bidding it. What?
Look at this guy. I mean, I was no one
know that. And sure enough, you saw what
you knew what was where silver ended.
Watch videos. I'm not making these up.
So that's how that works. So anyway,
um
we did a partner with Moomoo.
They came to me and they uh
I do education for a lot of brokerage
firms,
but we're very very selective for the
one purpose. A lot of these brokerage
firms don't offer the tools that you
have.
Fid- Fidelity and I mean, you have
here. I mean, I've been coming to Canada
for about 25 years now. I've been all
over Canada. We train
I I train hundreds of thousands people
here in Canada. I've been all over from
the west coast from from Vancouver all
the way to Montreal. I've been to
Calgary. I've been to Kelowna. Anyone
heard of Kelowna? What a cool place that
place is.
You know, ice wine in the area. I've
been everywhere. Red Red Deer. You ever
heard of Red Deer? I mean, I've been
everywhere.
Um I love the Canadians, but the problem
with the Canadian market is you guys are
very limited on who you can open
accounts with. A lot of them don't give
you the tools that you need. So very
difficult to teach you, but when I saw
Moomoo actually had the platform here,
I'm like, "You know what? It has
everything that we need." So
Moomoo is running an event running
something.
I paid a thousand dollars a month for
this technology. If you have If you open
account with Moomoo for just one dollar,
you'll get everything for them.
Everything that they offer. If you don't
have an account already. And then what
I'm going to do is a bonus. If you do
open an account with them,
and we're going to I'm going to show you
what We already built custom layouts.
Um
We already worked on the tabs. We built
how you could actually see it. The
problem with these brokerage firms, I'm
not here to knock Moomoo at all.
They like to show off everything. They
like to tell you and they're trying to
appease everyone from swing traders,
options traders, futures traders. So, if
you're a more of a stock trader, more of
a swing day trader, we we we designed it
how traders trade on it and we'll show
you how we customize it. But, for just
$1, open up an account, you can open up
an account with Moomoo and we're going
to give you one of our We're going to do
We're going to do a workshop live in the
market that we're going to give you and
they're going to give you uh
a a week access into trading floor that
we have. You'll see hundreds of traders
in that room. I got over a thousand
traders that are from all over the
world. Give or take, there's about 200
300 people in there live every day.
Okay? So, you'll see them.
Um
So, basically, you'll see what a pro a
pro setup looks like versus what a
retail setup looks like, you know? Um
listen,
you get what you pay for, you know? One
One problem with that we had with the uh
with trading is that people thought you
need a lot of money to trade and that's
one of the reason. You don't really need
a lot of money to trade the stock
market. There's some stocks that are
very inexpensive. We'll show you things
that are moving. You don't have to trade
Amazon. You don't have to trade Apple.
There are stocks that every day.
Okay? One of my students, Andrea, has
been here for been the student of mine
for 13 years. He'll tell you, every day.
We probably have maybe five 10 stocks
that go between probably
I don't know, between 30 and 3 400% a
day that move.
But, you'll see them live. I'm not going
to make this stuff up. The question is,
you don't got to make 3 400%. You just
got to make your day's paying and you're
done.
But, you got to know where the orders
are. If you don't know that Seeing
things like people always ask me,
"Faisal, tell me what you're buying." It
doesn't matter what I buy. You got to
know what to buy. You don't want people
to tell you what to buy and sell. You
want someone to teach you
how to buy and sell. As long as you
believe that it works and you see it,
that's all that really matters.
So,
TotalView, like I said, you can get it
for uh for less than a dollar. Um you
can also get it on the Nasdaq website.
This is why I love that Moomoo, too.
We we um I do a lot of education on on
Nasdaq. You could buy through Nasdaq.
It's like $15 a month. But, how much
greater is it if you just pay a buck?
You know what I mean? Just have an
account with them. So, that's the really
big difference that you're going to get
with the platform and we'll show you how
to set it up and you could see it. Let
me tell you,
if you can't afford that, you can't
afford to trade.
I mean, let's be honest. You do it right
or don't do it at all.
Now, all you need to do, if you're
watching online, and we have a bunch of
people online, just take your phone,
scan that QR code.
Um if anyone's here, we're going to
leave this up and running for you guys
to scan it. So, basically, scan this QR
code um and you'll get registered and
you put your same thing, you put your
name, email,
and register and then what we're going
to do is uh if you have If you don't
have an account with Moomoo, you could
also open up an account with Moomoo now
uh for a dollar, but with that,
you get the uh we're going to get you
registered for free to come into the
trading floor and we're going to do a
workshop for you live in the market. All
right? And everything that we talk
about, we're going to practice what we
preach.
So, listen, they're doing it for 35
years, having a five-star rating on
Google, endorsed by all these brokerage
firms, that doesn't mean crap unless you
could actually understand it and see it
live.
So, that that's where it goes.
Now, what I'd like to do right now is uh
I think that pretty much does it. Yeah.
Sure.
>> So, it's uh
level two. We But, I think you were
saying level four. And then it's
What's the What's the difference? So,
that actually
TotalView is actually I like to call it
level three.
Level two, the problem with level
There's four levels. Level one, two,
three, and four. Level one is you just
see the bid and the offer. That's what
you get like when you look up Google or
whatever you look at an order. That's
That's like the first level of the best
buyer and best seller on the stock.
Level two, which has been out outdated
since the '90s, is I'm talking about
1990.
Um you're seeing every order on an
exchange. Like you're seeing like you
see how you see all those orders on
Nasdaq? All those orders? You're only
seeing the best buyer and best seller on
Nasdaq. You're seeing the best buyer and
best seller on Arca. You're seeing the
best buyer and best seller on You're not
seeing all You're not seeing the depth
of market. So, you might only see a
hundred shares, but you're not going to
see the 50 hundred 200,000.
And that's where level three is. That's
why I call it level three. But,
Nasdaq always gets upset with me. He
says, "It's not called level three. It's
not level three. It's called Nasdaq
TotalView." So, but I but
level two has really been outdated. So,
it's more level three.
And level four, I just call it where you
just get to see more of a heat map.
Okay.
>> That's
All right. Question? Yeah.
Uh um I don't know if if this is too
much. I I do think that TotalView is
very interesting. It's a proven I mean,
give us a a lot of information. The
thing is
uh for those bottom bottom, you
sometimes you see the market as the big
volume on its top and then
suddenly it's going down. How do you
It's probably different real up or a
bump down or what they call it,
dead cat bouncing or something like
that. How do you tell the difference?
Every stock is different. You know, the
market trades different. The thing is
that there there are certain times in
the day that are very volatile.
The first hour and the last hour. So, I
don't know if you're talking about like
what you
like kind of say like why is the market
die? Like certain stocks like they lose
their volatility? No, what I'm saying is
at the beginning, you do see big volume.
And then the kicking the volume up.
Say for example, um
first 25 or 30 minutes
uh of the uh of the market opening, it
just keep going up. Yes.
>> Volume is big, too. And suddenly
It dies off?
Yeah, like
like
dead cat bouncing or whatever it's
called. Well, listen, it it fell.
Sometimes it's real. When it's
uh when big volume is up, it's keep
going up and up. But, sometimes it's
totally different. Well,
first of all, and that's a great
question.
First of all, do you believe that stocks
go up and down due to buyers and
sellers?
I do, but I do believe there's some
conspiracy conspiracy theory out there.
Some people play with the market. So, if
you think there's a conspiracy, I'm
going to tell you some of the best
advice that my mentors told me, get out
of this business.
That's it. If you think there's somebody
Do you think there's someone cheating or
lying?
Who wants to be in that business, right?
Do you know Do you know what the
cheating or lying is? You just got to
know how to play the game.
Listen, in anything, there's always
cheaters and liars, right? If you go to
a car dealer, they're trying to scam you
and lie you. You just got to know You
just got to know what they're doing. I
just want to find out the office. You
just got to find Right. Yeah. And you're
finding out the truth. That's true. And
you've never seen this before, am I
right?
Seen what before?
>> You've never seen these orders before?
I saw them before. Did you ever use it
before?
>> No, I I don't use it. So, you come
Yeah, before using it, I want to know
some pitfalls of it.
So, they got the They have some staff
downstairs. I believe they Is that Amal?
They're going to be able to talk to you
guys. So, you go downstairs, they'll
show you
those orders out there. I'm going to be
here, too. I'm going to show you a
little bit of what they are. But, when
you come into the market, it's so hard
to kind of explain. As long as you
Listen, if you only believe 10% of what
I'm telling you, the 90% is going to
make a lot more sense when you come
there and watch it live in the market
and see it every day. And the big thing
is this.
Um
Learning how to do it yourself is one
thing, but when you're part of a team,
like the way I was taught how to trade
is like listen, you know, you can't run
a restaurant yourself, right? You could
only You can't be the chef. You can't be
the waiter. You can't be the busboy. You
can't be the maître d'. You got to
surround yourself with a good team of
traders that believe that that are doing
exactly We all think together. We look
together. So, when you start coming into
the trading floor and you start seeing
it live online, you see how the traders
think for themselves,
then you'll then you'll understand. As
long as you know that there are these
orders are out there and you want to
know Is there a conspiracy going on?
Listen, who cares?
You know? It's like It's like politics.
You know, I hate bringing it in, but you
think I care if you're on the left or on
the right? You know what I mean? If that
was the case, I wouldn't be here today.
It's all about what's making the market
move.
You know, and that's what you have to
because if you're on the wrong side,
you're going to get yourself You're
going to lose You're going to get really
hurt. And you don't want to be that
person,
you know?
Does anyone have any other question back
there?
Say that again. I'm sorry. Yeah, so like
how do you know if they're fake or fake
up? So, I'm saying like ES has 10,000
16,000 and you see it go up to 16,003
and it like go up to 15,000 but it close
to 10,000 and then it get rejected. So,
there a way to
Yes, so his question is like if you see
an order out there, how do you know if
he's like if he's cancel Is it canceling
or faking or whatever? So, that's where
time and sales come in.
Which a lot of you don't use. On the
platform, you'll see if those orders get
executed and what you There's two ways
of reading that. You'll see the time and
sales and you'll see the order.
So,
two things could happen.
They could cancel, just like you could,
or you'll see it get executed. And
you'll see you'll see like if there's
orders are going off on the ask, let's
say there's a lot of transactions going
off, you'll see a lot of green
transactions on time and sales.
If if there's a buyers on the bid and
you want to know did the guy cancel or
is he getting executed? You'll get a lot
of reds on time and sales and you'll see
it. And if you start seeing that stock
stock dropping and someone's getting
executed, I think you want to get out.
But the key thing is this,
that is your only support level. This
floor is the only thing that's holding
you up.
And if somebody's out there smashing
this floor on you and you're seeing it
like, okay, like he's breaking the
floor,
all right.
So, I'm going to eventually fall and I I
could I could I could sell now or I
could just fall and see what happens
when I get to the next floor. But what
what we teach you at Cyber Trading
University is like if you break that
floor,
you got to know where the next buyer is,
you know? And who's to say that that's
going to be that's going to hold up,
too?
You know what I mean?
The only way to know that is you see the
time and sales. And that is something a
lot of people neglect
and don't use that tool when it comes to
trading. These are things that I was
trained as a market maker. I was like,
"Did you see orders getting executed?"
I'm like, "How did you And if someone
told me Where do I see that?" They're
like, "What? You're fired. Get out of
here." I just told you where it is. I
mean, did you saw the guy get executed?
You didn't see him You didn't see a
person buying all those shares? What
were you What were you thinking?
You were holding that stock and the guy
was getting out.
These are things that,
you know, that you have to understand
when it comes to trading and this is
why, unfortunately, trading's a very big
failure rate
because a lot of people just don't know
how to trade the market.
You know? They question that.
None of that's true. It's It's useless
swing trading and it doesn't Cuz those
orders will show up. You'll see them.
It's called program trading. What
happens is the orders will get canceled
sometimes at the end of the day and then
they'll show up in the and they'll show
up in pre-market and in the market opens
up. So, once you on the The thing is I
try to tell everyone if you want to
stand how to day trade, you'll become a
better swing trader. Those same orders
will be out there.
So, even as an option trader, people
like, "Why is he
Why there's so many orders out there on
an option call an option?" Those orders
are out there on total view.
Yeah, and
Yes.
Well, they'll still they'll be out
there. You'll see them out there. And
that's why when you come to the if you
when you come to the trading floor, we
show you online, you can see those
orders out there. And you'll see them
out there with the with the Moomoo
platform. They might still be out there.
I mean, it's 7:00, but
you know, they might they might be out
there.
Any other questions? Yeah, quick
question.
What's the difference between day trader
and a swing swing trader? Great
question. His question is what's the
difference between a day trader and a
swing trader? Day trading means you're
in and out the same day.
Swing trader is that you hold a position
overnight.
That's why they call it day trading.
So, you know, I I always had somebody
like I've done so many presentations and
people always have them in the audience
who just tell me, "Oh, you're going to
lose all your money if you day trading."
I'm like, "Listen, tell me what you did
and make it talk to me." Well, I had
this position and you know, and earnings
came out and whatever. I'm like, "So,
did you get in and out?" "Oh, I had it
for about a week." I said, "You weren't
You weren't day trading, you were swing
trading."
Since you can't One thing you can't do
is you can't mix.
Swing trading is done at the design.
Day trading Day traders only focus on
like just making the days pay, you know,
they just follow the the
the the action of the market. They see a
thing that's moving and that's it. Um
but sometimes you might be like, "You
know what? This stock looks like a good
buy."
I mean, I want to swing trade. And we do
a lot of swing trading in in in the
trading room. You know, we see sometimes
you see a great deal. I'm like, "You
know what? This thing's got good
momentum. It's got good pushing. I'm
going to convert it to a swing trade."
But every swing trade starts as a day
trade.
That's how it works.
Any other questions?
Go ahead.
So, um so
>> Quick question. Yeah.
>> So, you had like other people buying and
then you had a the price and
quality. How about people like when they
select a market?
Well, what happened?
Well, you know, when you're buying and
then you select market like
Well, you have limit, you have market.
Yeah. Limit means this is what I want to
pay, if I don't get it, okay. So, you
could technically see that order out
there. Market means I you're just going
out and you on the ask and whatever is
there, you're paying for it. Okay, so
when they place the
the order like the price at that moment,
right? That's the the price and the and
the order. Yes.
That means That means that you're just
paying whatever where the market price
is, which is a great question.
50% of the people lose all their money
by making that mistake you just made
because what happens is like
One of the two things that we teach at
Cyber Trading University is called, you
know,
it's called tradeable and non-tradeable.
What that means is some of these stocks
move so fast and so volatile, the
spreads are pretty big.
You see, sometimes when you do a trade,
um
you think you're paying one price, but
then you end up paying more
because
the price that you see doesn't mean the
shares that you want are really out
there.
You Let's say you want to buy a thousand
and somebody might be only going to sell
three.
Right? But you won't know that unless
you saw the total view.
And that's why sometimes you might run
up the stock. So, some stocks have very
low volume, they're very dangerous.
Some stocks that, you know,
some stocks that move very very fast
have very tight floats, small floats.
And these are things that we'll show
you. That's why half the failure rate.
So, before you consider going out
market, you got to make sure that like
one thing we teach is like, okay, well,
these orders actually out there?
You know? And then even when you sell
it,
you might sell it like, "Wait a minute,
it said it was $10. Why did I get out at
970?"
Well, there was only one share at $10.
That's why By the time you execute all
those people on the bid to execute all
your orders, that's where you got out.
So, that's another big problem when it
comes to spreads.
You know? And that's why half the
failure rate in the industry. That's
like the number one thing that we teach
you when you come to trading.
You know? And that's
That's where most people lose money day
trading.
Any other questions? Yeah. Yeah. What
what do you call an order room?
So, would you give you only the limit
order or include all kinds of order like
a stop order,
market order?
So,
limit and market, right now that's the
least of your problems, you know?
Because when it comes to trading, first
of all, you got to know like you got to
know why to buy stock, which one to
trade, which one's going to give you the
least amount of risk with the high
amount of reward. Once you figure that
out, then you'll know like you'll know
the strategy. Should I do a limit order
or should I do a market order? Sometimes
you want to do a market order because
they'll pay like So, you know, when I
started,
I don't think anybody remembers this,
but we had fractions
back then. You guys know that? So, yeah,
there wasn't decimals. We had to pay
like eighths and quarters and, you know,
like a spread to us on a thousand shares
being $125.
On a thousand, you had to guarantee that
was a quarter, 250. Today it's like a
penny, it's like a
You know what I mean? Yeah, it's like a
Yeah, dollar. I had to pay 180 back
then, 125. Once you understand the
spreads, then you could work you know,
then you won't you won't have to worry
about do I do a limit or market? That's
a strategy you could worry about later.
Right now, you need to know
what really is is the spread on that
specific stock.
But um
But but with I look You know, one thing
we always teach at Cyber Trading, we'll
show you how to put limit orders, how to
like, you know, listen, don't get cocky,
just throw your orders, take your profit
out there, you know, use the Moomoo
platform to do that.
You know?
Any other questions?
Um so, anyway, just kind of show you
this is really the the trading floor. Um
you'll you'll see exactly all the
traders in the room. Uh we post
everything on we'll we'll give you a
watch list. We'll show you what's moving
in the morning. We're constantly
hunting for stocks that are moving in
the market. Um these are all my
instructors. Uh you have Josh and Rich
that that are in the trading room with
me.
And uh some of the bonus workshops that
we're going to give you, these are
everything you're going to get that we
give to our traders that we're going to
do with Moomoo. We're going to give you
a live trading floor. We're going to
give you recordings of our classes.
We're going to give you exclusive
workshops. And not only that, but one
thing I'll do for everyone here,
if you take the class seriously, you're
in the trading room, I'll take you
seriously. I'll talk to you on the phone
and unless you're in the room. Once
you're in the room, you see what's in
there for a couple of days, then you're
going to probably have better questions
to ask.
And once you understand it and then I'll
take the time to you know, and then I'll
be able to answer it. Like right now, I
know it's a little overwhelming, but
when you a picture's worth a thousand
words, when you start seeing traders in
the room,
listen, I have an 80-year-old
grandmother who makes six figures. If
she can do it, you can do it. Go for it.
You know? When you start seeing these
people trade and you start seeing what
they're looking at, um then you'll have
a lot of questions. I'll be able to talk
to you.
Um
Once again, so all you got to do is scan
that QR code and uh we'll get you
registered. And like I said, if you
don't have the Moomoo platform, for a
dollar, just open up an account, you're
going to get that data anyway. Who here
has a Moomoo account anyway?
So, some of you don't? Okay, problem.
That's great. Okay, so you you don't
have to worry about it. For the ones
that do,
listen, you don't have to open up now.
You can still scan it and get into the
room. But, when you're ready, you know,
you're going to see why like we
preferably like the mobile platform
because it has the tools that you need.
A lot of these brokers firms don't have
them.
You know? And let me just tell you
something,
between you and I, a lot of them are
trading against you. They want you to
lose.
You know why?
When you lose, they they play the other
side.
You don't want to do that, right?
Now, the way that Moomoo looks at it is,
listen,
they don't want to they don't want to be
that guy. They don't want to be that
broker trying to play the other side
because, you know what? If you survive,
you'll be a client of theirs forever.
And, you know what? If you make money,
you're going to be a good referral to
them and you're going to recommend them.
And that's what that's why I feel that
they're they're the right fit.
Uh
all right. So, that pretty much ends it.
So, like I said, they have some staff
downstairs. I'll show you what the
platform looks like. They'll show you a
little bit more for who doesn't have an
account what that total view looks like.
Just make sure you register and uh and
I'll see you Monday morning in the
trading room. All right? Thanks,
everybody. I got to thank Moomoo for
having me here. And uh like I said, any
questions, I'll stick around at the end.
All right? Thanks, all.