What's going on team, we just finished one of our live trading sessions with the learn plan, profit group, and if you guys want to check that out um, i actually pinned it in the description for you. So, if you've ever wanted to see what it's like to watch someone trade live in the stock market click the first link in the description you guys could refresh this page and you should be able to watch it's about 30 minutes long and it's just raw trading. One of the things that i'm very happy to share with you guys is that i'm at a little bit over 2000 shares nearly 2 500 shares in ticker symbol, hood and, as this stock began to break out. What's one of the things that i always love to encourage, you know, others to do is to never be afraid to lock in profits, and i know right well what, if ticker symbol hood ended up, you know continuing to make new highs.

Let me buy actually a couple more shares right here, uh, but one of the things that i want to share with you is more more more likely right. You watching this video you're someone, that's just getting started, you're, someone that is in the very early stages of your trading career or your potential trading career, so you're, probably trading with a lot less now than you will be in a year or five years from now. So very simple question for you: why are you in such a rush to make the most money right now when you're, not even at your max potential right and this is, i feel like a mistake that a lot of people make is that they don't lock in Profits, they don't manage risk, they don't manage position size. Why? Because all they're focused on is, i want to sell at the very top.

I want to make the most money and more often than not and correct me if i'm wrong, but i know in my experience i've made these mistakes where we hit highs. I i know i should lock in profits and then the market pulls on back. I don't lock in profits and now i'm back right where i started or even worse, i'm in the red right, i think that's one of the worst feelings is never being afraid to lock in profits is so overlooked nowadays, but all you should really be focused on When you're just getting started is to learn how to trade, to gain confidence to build experience, so you could get to that point, one or five years from now to be comfortable to trade with much more money and that's exactly what we did today right. We were not afraid to lock in profits.

So, as ticker symbol hood began to break out, we saw a lot of different stocks. Push up. We saw tesla do very well today and after my video that i announced yesterday, you guys can. Let me know in the comments section how you guys feel about tesla, it's super great to see that it played out according to plan.

It does does not always happen like this, but yesterday tesla hit lows of 650. I made a video talking about why i saw value in it and why i would want to buy it uh so from 650 to 657 uh, it's looking pretty good, so uh, but yeah ticker symbol, hood hitting highs of 50. I reduced my position size to 1300 shares and then, as it pulls on back, i'm happy to buy a little bit more of ticker symbol, hood and ride the recovery. Why do we would i want you guys to understand the reason why i do what i do.

I don't want you guys to copy right. You should never be copying someone but to understand the reason why so if it makes sense to great and if it doesn't, then don't do it right as ticker symbol, hood pushes up and becomes overbought look at the rsi. Look at the macd: it begins to consolidate. It's identified a potential resistance, so why would i want to lock in profit, sir? Well, what if hood goes up to 55 dollars? Well, just as much as it could go to 55, it could also go to 30 right.

So, instead of being hopeful and as i'm up on the day right, i'm going to decide to sell a portion of my position. Not all of it, because i do see potential in hood breaking above 50. But i sell enough of it that if hood pulls on back just like it did, i can buy more at these lower levels and ride the recovery, if you're so certain that the stock is going to be bullish, then why are you in such a rush or Why are you in such fear of you know, anticipating a pullback? What, if it does pull back, you know it's bound to recover right, don't be afraid to lock in profit. I mean at the end of the day, if you become that emotional behind that trade, it's most likely because you're trading with a little bit too much money right, because you're in fear of you know well what, if what? What if it continues to go up? You know you have so much time to do well in the market.

You have so much time to make money, don't be making silly mistakes now that will unfortunately discourage you to ever want to trade in the market. Again, it's that simple, so i decided to reduce my position size up here. Thankfully, it played out very well the market pulled on back. I was able to buy a little bit more of hood and it's picking right back up, i'm up 5 000 on the day and i'm very happy so as it approaches that same resistance level, i'm not going to hesitate to reduce my position, size and lock in Profits in case the market pulls back again, allow your runners to run, but do it with a position in which you can tolerate have always enough money left over that if the market does pull back you're, not a sitting duck that there's nothing! You can do right that you have enough money left over where you can take advantage of the deals and ride the recovery.

It's a well-balanced position size to have enough money in the market that you feel motivated, but not so much that you become an emotional mess or you get discouraged if things go south and we did this same exact thing with amc amc pushed up, i literally sold And you guys can watch the live trading session. So it's the first link in the description. It's free at 38.68, pretty good, sell right and then guess what happens it sells off. I buy my shares right back right.

It pulls on back, i'm happy to buy the dip. I ride the recovery right and because i did what i did from where we're at now. If it were to recover, that's nearly a five percent upside, so, instead of being a sitting duck and hoping that the market recovers, you know that we've all been there. You know that we've all made that mistake.

I'm able to take advantage of amc at these lower prices and ride the recovery i'm going to leave you with these simple words. Do something today that your future self will thank you for if that is being more willing to reduce your position size or to test that idea, if it makes sense to you, then great test it out if it means trading with less money, so you can focus On the learning, how to trade part, and not so much on obsessing about making the most money right now, when you know you're, not trading with the most money right now, right just keep. It simple understand that you have nothing but time and if you have any questions along the way, please just message me via discord right. We also put a coupon in the description for you guys if you guys like what you see during the live trading session.

Again, that's that first link down below uh in the second link down below we put a 50 off coupon. We open 15 spots, it's up to you if you feel like you're, ready to join our team. I trade live every single day at market open only with the learn plan, profit group, it's exclusive to our learn, plan, profit team and, of course, you get access to a lifetime. Access to the learn plan, profit lesson library.

So if you have any questions whatsoever, please feel free to message me again. All the disc all the links are in the description. I hope that i earned your thumbs up and if you have any questions, comment - and i would love to answer that for you like always - let's make sure that we end the year on our green now. Take it easy team.