So my goal with today's video is just to make it a little bit easier for you to understand what is going on today. So we had a great live training session today with the learn plan, profit group and you might be asking like ricky. How did you have a good live trading session when the market's down two percent right and it's not because we took amazing trades, but it's because i think i gave a really good analogy on how to make sense of what is currently going on. So again, if you feel like this, video helped you in any way.

I hope that i have earned your thumbs up and please wait till the very end of the video um to let me know so. The first thing that i want to share with you is like it does suck right. It does suck that the market's pulling back markets down two percent after the market was down one percent yesterday and if i were to ask you right, if you watch my videos, often enough every time that the market hits new highs, what is one video that i Always make hey it's time to prepare for a pullback or hey it's time to watch that position size, because i know that from time to time, not always, but from time to time the markets do pull back the markets. Do pull back the markets.

Do pull back the markets, do pull back the markets, do pull back and just like right now the market is pulling back and it's not that the market's crashing, like we're still trading above sma, we're still bullish. It's part of the process, it's healthy, it's healthy! For these stocks to pull back and just like in yesterday's video, i talked about hey, i'm not buying more yesterday, because i think that it can pull back a little bit more closer to the sma line. And thankfully i did because now today, i'm loading up on a bunch of different blue chip stocks that i want to you know, buy the dip on. But how is it that, like i'm so comfortable during these pullbacks? Well, first off position, size right and the second is experience, and how is it that you can be in the same position next time? Well, one of the analogies that i want to share with you that i shared with our learn plan.

Profit group - just you know during our live training session earlier today, is think about a toddler when they get a paper cut. It hurts and, let's be honest, even as an adult it hurts it hurts, but for a toddler they don't know what they're experiencing. If it's their first paper ever they're, like you know in agony they're, just in pain, they're like oh, my god, this is it i'm gon na die. This is i'm it's over right, but guess what the only reason you feel that way is because you don't have the experience to understand that over time it's not gon na hurt as much you're gon na heal, you're, gon na recover and guess what it's probably gon Na happen again right and it's not that the next time that it hurts really any less.

It's just you're a little bit more comfortable, getting uh you're a little bit more used to getting hurt, and it's the same kind of example, with the nasdaq market or the overall market right. It's like these. These days do suck because the market is is bearish and the market's pulling back and it does hurt. But if you're someone that is just getting started in the stock market, it might hurt a little bit more for you because you're like what the heck is, the market going to crash, there's so much uncertainty, such lack of experience.

I don't know what to do right. This is this: is it i i'm not going to be able to trade anymore, the market's done well, no right! What is the market really good at doing markets really good at doing you know, making you highs really good at recovering staying bullish? And yes, although we might enter bearish movements overall, big picture, the market tends to be more bullish than it is bearish. So it makes sense that over time with experience, you become a little bit more comfortable. Being scared.

It's not that it's a little any less scary, but it's that you can prepare for these times where the market does pull back by reducing your position, size at overbought levels and knowing when to load up as the stock market is a little bit more on the Oversold side to then prepare for recovery, and i thought that analogy just made a lot of sense, because i know that a lot of us - maybe all of us - have experienced those paper cuts and, let's be honest, they freaking suck. But it's so funny to think that when we were younger when you'd get hurt, you think that that was it like. That's the end of you, but that's not the case right because, as you begin to get older and over time as you get hurt and hurt more often, you understand that it's just part of life, it's just part of the process and that you will recover from It the same thing with the nasdaq market, making sure that you're invested in good quality companies and making sure that, during this time, when the market is pulling back when the market's hurting that you do your part and take advantage uh. Taking advantage of the good deals to be able to ride back the recovery, and that's what exactly i'm here to share with you.

So if you're invested in blue chip stocks and if you're invested in good quality companies that are more bullish than they are bearish, then you have nothing really to freak out about because, yes, although it might hurt right now, then maybe next time you can just manage Your position size a little bit better right, instead of being so heavily invested at these overbought levels, you can manage your position size just a little bit better, so it doesn't hurt as much so when the market does recover. You can really step on the gas load up on it and ride that recovery, because it's only the people that were not prepared. That gets scared right and it's not here like we're, not here to predict the future, we're simply here to prepare for it. So, every time that i upload those videos talking about overbought levels, i get it it might be annoying, but guess what i do that to remind people that anyone can make money during a bull market.

It's during these times that really set you apart and that's what i'm always here to remind you, especially if you're part of the learn time profit team, it's not just always hoping for a green day, but on your green days, preparing for the red day, knowing that Loss is inevitable. Pullbacks are inevitable, they're bound to happen, so why not prepare for it right, and i want you to understand that what you're going through right now is something that we've all been going through. It's something that we all experience so you're, not alone. The market is pulling back.

I do agree it does suck, but it sucks a little bit less when you're well balanced when you're effective and when you have enough money left over that you can load up on the dip, because then at least you feel useful. You feel effective because you can ride back and make money during the recovery versus being fully invested up here. The market pulls back and now you're just waiting for the market to recover so you're kind of just sitting on your hands. But trust me.

This is not something that you have to learn today or tomorrow, but it's something over time that you can get a little bit better on and the beautiful thing about that is that in the stock market you have nothing but time to get better. You have nothing but time to practice, so please never think that you are alone, if you guys have any comments or questions. Please share that down in the comment section. I just wanted to make an encouraging video during the market pulling back a little bit on why this is viewed as such an opportunity and why i have such a big focus on preparing for pullbacks, because it's moments like this, that we can really make the difference.

When the market recovers, i hope that it earned your thumbs up. Please consider subscribing and if you want to join these live sessions again, i host them every single day at market open i'd love for you to join even the one tomorrow and again, that's that second link in the description. If you're ready to join our learn plan, profit group until then like always, let's make sure that we have the year on agree now to get his team.