How does a beginner trade buy & sell on the Webull trading platform? During this live trading we will be covering how to setup the Webull desktop platform and cover a couple of my day trades before memorial day. Big movers this morning are stocks like AMC, GME, and SPCE of course!
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Hey, what's going on team, it's ricky with learn plan. Profit hope that you guys are all having an amazing start to your friday. Huge push on amc, one of the biggest runners. As of right now, uh getting a bunch of alerts.

We got the overall nasdaq up. Um, what is that uh we're up as of right now, a little bit over a quarter of a percent? Let's go to the one day, one minute chart uh just so we can see exactly what we have going on um here we go here. We go uh nice gap up as of right now, uh, i'm gon na say what's up to everyone, that's tuning on in uh. Today we are hosting our free live trading session.

I have not hosted this in a couple of months. It's been one of the most requested videos um in this this entire year. I actually don't think i've hosted one this entire year, so i appreciate your guys's patience. I hope that throughout this live stream uh we like to keep things simple here within our lpp team.

Right so i'm going to be taking a couple of trades, i'm going to be explaining my thought process. Why i'm buying? Why i'm selling? If i have to cut losses, that's not every trade goes according to plan. I also want to take some time within this 30 minute livestream uh, to answer some of your guys's questions. So if you guys have any questions, if you guys have any stocks that you guys would like me to break down, all we literally ask you to do.

Is ask in the live chat uh. If you can't ask any questions in the live chat, it's probably because you're not signed on in uh into your youtube account, but that's that's really just it. So, let's, let's talk about it, amc as of right now um seeing a huge, huge push. I thought that i can partake a little bit in this movement.

It doesn't have to be anything crazy, um, let's see what we got going on. So it's validating the ema line as a really solid support level. As of right now, uh. One of the things that you have to understand is first off amc is definitely not going to be a stock for everyone.

Uh. The thing that you have to take into consideration is that amc is a momentum stock. It comes at a greater form of risk, anything that ever pushes up a great deal of amount within a very short period of time. You have to understand that it's just like it.

You just have to understand that it's not going to last either a very long period of time or you have to have some form of exit plan. Some form of you know, risk management and a way to be able to mitigate that risk. We got draftkings, also um, you guys absolutely killed it with this call out. I made a video a couple days ago when it comes down to you know the potential that i saw in draftings the potential that i saw in carvana and the potential that i saw on a t.

You guys selected draftkings as the stock for me to invest in uh and i invested ten thousand dollars and since then uh, i'm pretty sure the position is looking pretty good as of right now uh. So since then, i'm up a little bit over seventeen hundred dollars on my position, i've doubled my position size. So i have 425 shares, which is a little bit over 20 000 of my initial investment, actually a little bit less than that, but um about 20 000 into draftkings. The thing that you should be aware about is on the four hour time frame right.
You guys can see that this estimate line has been acting as a resistance level. You need to take that into consideration as as based off of previous patterns. We hope that it breaks above it, but we can't be surprised if it breaks. You know if it acts as a resistance and it gets rejected and it pulls right on back.

So what can we do right? What can we do to prepare for this potential? You know resistance level. Well, if we do see a break below ema, i can reduce my position size. So, instead of having the 425 shares, i can reduce it to just 200 shares uh, just in case it does pull back. I can buy more at lower prices.

I can hold my entire position: i'm not fully invested, so that's okay, again putting myself in a position to succeed and if we do break above the sma line, a lot of people have been asking ricky. When are you going to buy more dkng? Well, once we get more indication of an uptrend, if i see that dkng breaks above the sma line and continues to push up, it's it's in my best interest right to put money in areas that are showing signs of growth. So that's essentially what i'm looking out for with dkng you guys can see. I have an alert for the break above 30 uh 53 dollars as that's where the estimate line currently sits.

So, let's go back to the one day. One minute chart. We got tesla with a really really nice push on the day. Uh there.

It goes gapping up. Let's see, let's see what's up good morning good morning, so uh, what's going on brian, what's going on uh yeah, i didn't i didn't say what's up to all of you guys uh, we have a lot going on this morning. Um. How do you guys feel about this week's performance? Hasn't this week been absolutely crazy.

Hasn't it been insane? It's just it's! It's so crazy this week that you know the market did really well, and how do you guys feel about it right, i mean um when looking back when the market was pulling back, we're just getting a lot of people that were concerned, hey ricky. How long is this going to last again? No one can ever predict that, but we can prepare for it right. We can watch our position size and all of that stuff. So i'm going to say, what's up to you guys, uh, what's going on cannon what's going on, is that hashem uh alex john? We got um rain.

Jm beats john michael. What's up what's up, we got stan oliver killer cheese, the hunter alex luna brian uh apple v, amir rayo ryan lent. Some of you guys have difficult names. Uh.

We got salvador steph uh. Here we go. We got um, my goodness, oliver dimitri! What's up joseph tyler chad, andre jonathan ram, is that remy uh all right. We got evan nice, nice, larry alfonso muhammad luke, uh, eddie, edile, uh, john quinn, elizabeth nice, nice! What's up, first, live stream, okay, cool! So i'm really happy to hear that some of you guys are tuning on in for the first time as tesla pulls on back a little bit here.
Um, i'm gon na add a little bit more to my position so uh. I don't think i'm gon na buy that many shares. One of the things that i've been really taking into consideration is my position size, so i'm gon na buy 25 shares i'm not going to buy with a limit order. It's not my biggest focus as of right.

Now, obviously, if i was trading, something like you know, amc that would be something a little bit different, so alrighty i got filled at uh, 6. 32. 25. I only got filled with 25 shares so again i'm keeping a light, keeping it tight.

You guys know that we have that little joke going around. I i really just like to focus on staying well balanced and staying effective uh. We got amc at highs of 35 uh watch out based off of okay, so we are at previous previous highs right. Around 36 i'm gon na set alerts.

I'm gon na set an alert for a potential pullback. What do you guys think about that? If it pulls on back, if it begins to find a support level i'll buy a little bit of it and i'll join you guys, um create an alert. So if the opportunity begins to present itself 100 so yep there, it goes we'll go for the break below alrighty. Here we go so really nice push as of right now, holding above ema.

One of the things that you have to take into consideration is that you know it's very easy to see that the overall nasdaq index is in the green uh. If we go to the four hour time frame, a lot of you guys should know what it is that i'm talking about uh, but when looking back you guys could see that it hit highs 180 day highs at 14, 211. um, you guys, might be like well Ricky, i don't trade the index, that's not what that's not the purpose of this uh. The idea is that the nasdaq is a composite of tech stocks, so it has an influence on the overall direction, most of the time for tech stock.

So you guys can see that it recently pulled on back. This is, while everyone was freaking out. All i was trying to preach is again. No one can predict the future, but we could prepare for it so as the market was pulling on back.

This is where i began to buy a lot of you know tesla. This is when i began to buy a lot of peloton. You know all these different stocks that i began to invest in were because the market pulled back. It tends to find the support level and then it you know, tends to recover it doesn't have to, but it tends to uh, and i think that was my biggest focus uh.

As you know, the overall market pulled back a little bit uh when it came down to you know that opportunity presenting itself. So, let's see, let's see i'm going to be uh. So how long is this stream? This stream shouldn't be too too long? I don't want to take too much of you guys this time. I know that you guys have a really busy friday um.
I wanted to take a couple of trades. Explain my thought process answer any questions you guys might have either about the weeble platform either about you know any beginner questions, risk management and anything like that. So i just wanted to have fun with you guys. We haven't hosted one of these uh in quite some time, so i thought i thought it would be pretty dope, so not long enough all right! Well, if you guys drop a like in this video.

I don't know how many likes there are in this video, but if you guys drop a like, i might go a little bit longer. It just depends. You know you guys scratch my back i'll scratch. Yours, not bad, it's not bad uh.

So when does the lpp office open, so uh we're gon na have a trial run uh, it's gon na be a closed group, so i'm gon na select a handful of people first, that are part of our lpp team and you guys, if you guys follow me On instagram uh, we bought an office, that's gon na be like our trading headquarters so for our lpp members, they're going to be able to come on in - and you know, trade at this office. It's kind of like a wework or an incubator effect right for this series of local entrepreneurs or people that fly on in and want to visit us. So that's that's essentially what i'm i'm really looking forward to uh the next month. So that's that's! What i'm going to be working on for the next month and trying to at least get that closed group to join us, so we can get some feedback before we open up completely uh to our lpp team uh.

How does the selection work um? I will have more of a discussion. You know a lot of the people that are tuning on in right now. Um are not part of lpp, so um, i don't. I don't want to have this conversation as of right now, but i'm definitely open to having this conversation um within our you know.

Normal live training session uh heads up memorial day is on monday, so we will most likely well. We won't be going live on monday because the market's closed, so we will be going live on tuesday. So during the tuesday live trading session for our lpp team um, we can talk about it, then so you guys see amc finally pulling on back. This is why it's so important um, so i'm down to buy a couple of shares.

Let's have fun with it: let's have fun with it. Nothing crazy! Keep it light, keep it tight all right here we go all right, so i got filled at 3163. So we'll see where it goes from there based off of the current setup, it tends to find the support right around sma line it doesn't have to. But let me look at the trend line with the trendline tool and my average purchase price it offers about five percent.

So again, nothing crazy if it breaks above ema i'll, add a little bit more to my position and then we'll go from there. All right. Just keep a close eye on it there. It goes definitely still pulling on back kind of doing its own thing.
Now there is a coupon in the description. Oh yeah uh. I know a lot of i know the reason. A lot of you guys tune on in uh to these free live trading sessions.

You guys know that we really don't do coupons anymore, um we're just you know. We have. We have a good group right now with our lpp team, and i just feel like having more of a close group has been something that's been. I don't know i personally have enjoyed it one of the things that a lot of you guys know is during these live training sessions.

We have our biggest sale. If you guys refresh your screen in the description, you guys can get 75 off the learn plan. Profit course uh. This will give you access to our daily live trading session.

You know all the bells and whistles of the only team that i work with privately uh. You don't have to sign up again these these live trading sessions are just for us to be able to like hang out and talk uh, but if you feel like you've been waiting to join our team and you've been waiting for a discount, then that coupon code Is for you, i think we opened up 20 spots for the 75 off and um yeah feel free to join, don't feel like you have to. I upload a bunch of free videos on youtube, but if you're someone, that's just getting started and you're having trouble finding what you're looking for and you need more structure, you need more assistance. I trade live every day.

I work with them every day and as long as you do your part in reaching out to me within this private group, i always answer your questions so yeah, that's really just it and again, that's that first link in the description. If you want the 75 off for the lbp group, so all right amc, let's go baby here. It goes uh now beginning to indicate signs of an uptrend. So let's go ahead and buy a little bit more.

So with this now i'm going to buy a little bit heavier if we do break above ema. So if we break above ema, we can be making our way back up to you know new highs, so i'm not going to take a super crazy position, but i definitely need to wait for confirmation. So what i'm looking for here is before i buy more. I'm waiting for the break above ema and i'm waiting for the break above pretty much thirty four dollars so breaking above thirty.

Four dollars for amc is beginning to indicate sign of an uptrend, and that will give me the encouragement to like hey. You know i would feel comfortable buying a little bit. More of you know, amc as the direction is in my favor. I think that's one of the things that a lot of people tend to over complicate is people when they're just getting started when they're day trading.

When they're investing, they buy the dip with all the money in their accounts and guess what what happened? Can i get a show a hand? What happens when you buy the dip with all the money in your trading account what happens here? It goes. What happens when you buy the dip, so we got a garner what's up so lpp member and love it what's up? What's up appreciate you man, so it dips more right and no more money left. It goes against you, you know um and it's it's such a common mistake. So why not just talk about it? You know these are the conversations that i love to have with you guys it's kind of like the the obvious, but it's sometimes the obvious or the very simple things in life that people tend to over complicate so uh when things are in the very early stages Of a reversal when you're buying the dip on a stock that recently pulled on back, why would you blindly buy the dip with all your money? One of the things that i always try to focus on is position size.
You know in amc, i can go in with you know a huge position, but do i really want to buy the dip super aggressively in hopes of it recovering, or can i do it in an effective way? What are some steps that we can take to buy? The dip a little bit more effective, it doesn't mean that the trade has to go according to plan. It's never about that, but the idea of putting yourself in a position in which you can tolerate um - and this you know i know - will make sense to a lot of you guys. But people refuse to do this because they're so eager to go all in with their positions because they're trying to make it or break it if you're just getting started and you're learning how to do something. Why are you in such a rush? Why are you in such a rush to try to make money right, um and right now we are beginning to indicate signs of an uptrend, as you guys can see right on over here, so we're getting close to the break above 34 dollars.

I might even add so. We just broke above 100 on the day, so my position size isn't anything crazy, but again it can go either way here so with a 5 dollar position - and you guys know how much i normally trade with - let's be open about it. Right so i normally trade with depending on what stock it is uh, i trade with anything around. You know fifty thousand dollars up to a million dollars, depending if i'm trading or depending, if i'm investing right, um even right now, uh one of the things that i wanted to show you is like my fidelity account uh my fidelity account as of right.

Now i'm up five thousand dollars on the day uh. I have quite a bit invested in it, so this is my weeble account. I have a fidelity account, that's more for, like my heavier positions. So let's see what we got going on here.

It goes alrighty. So my positions as a right now in my fidelity account tesla. I have 850 000 peloton. I have 90 000, so agreeing on that one all together on the day, i'm up 5300 uh twitter spotify, you guys can see.

My lightest position is on a t and that's because a t is still pulling back right. So why would i be fully invested in it? Fully invested for most of my positions are about a hundred thousand uh. So just a little heads up on that. One of the things that again, i'm not gon na go in with a hundred thousand dollars in amc um can, can i get a show of hands? Can i get a show of hands on why? Why would i not go in with a hundred thousand dollars other than not having diamond hands? Why would i not go in with a hundred thousand dollars into amc right now? What's the difference between like something like you know peloton, why would i invest 90 000 into peloton, but why would i not you know trade, ninety thousand dollars with amc? What's the idea volatility risk management because it's a meme stock, i, like it risk volatility waiting for confirmation, fundamentals, it's not up trending, pump and dump because all right here it does really nice push.
Amc is volatile, um and the easiest way for me to put this right just to make it simple to understand amc is riskier. We all know that right if something pushes up a great deal amounts of money within a very short period of time. You just have to know that it comes with the territory. It doesn't mean that you should be scared.

Don't ever put yourself in a position to be scared, you're going to fail right, you're, just setting yourself up for failure, but put yourself in a position to succeed. So if you decide to take part of a riskier trade, just do it with a dollar amount in which you can manage. So if you're investing in quality companies with a thousand dollars, then maybe taking a one-tenth position of that on riskier trades, it doesn't mean that you have to be scared. All i ever want to encourage you guys to do is, let's be honest.

There are so many different ways on how to do well in the stock market. It's one of the things that i've tried to preach all the time, and i know you know some of you guys might be like you know, teach me exactly what to do like. There are so many different ways on how to make money in the market that i never want to be someone that's closed-minded to be like this is the the only way or the highway. Do you get what i mean? So why would you not? Why would i not encourage you to get your feet wet with different? You know things the market has to offer it's kind of, like common sense like why? Wouldn't you want to try to see if you can do well with momentum? Maybe do well in other markets right uh.

The idea that i'm always here to support is, i want you to pursue other areas, but i want you to pursue it with structure with discipline and with a plan, and i think that's. The biggest drawback is when a lot of people are getting started. They have no structure, they have no plan right, they have no discipline and it just comes with the territory. So i hope that you guys know that even on youtube right, we have people that ask me questions and all i ever want to do is i want to hold you accountable for your actions if you decide to take advantage of a risky trade like this, like Right now, amc is pulling on back.
I was about to buy a little bit more uh, but thankfully i did not as of right now as it's pulling back. It's test an ema line. You know just simply put yourself in a position to um succeed and i think that's what's most important. So, let's see if we hold above ema, looks like we are holding we'll see it's pretty early to tell uh.

But did you guys see that slight resistance right around 34? What do you guys think about that one so question: if i've already invested in robin hood, should i stay or switch to weeble stay on? If, if robin hood is working for you, why would you switch that people don't over complicate it? You know. The whole idea of a trading platform is for you to be able to trade or invest weeble offers, i'm going to be making a tutorial on my weeble setup. I want to see if i can answer any of your questions about weeble during these live sessions. I might just host another live.

I don't know what you guys think about that. Let me know in the comments section, but i'm going to host a tutorial, a full setup on my weeble setup and if you like it great it's, it's a free account that you can open up right. But if you don't like it, then guess what stay with robin hood stay with fidelity stay with. You know, tos like don't over complicate it.

Don't think that you know one platform is the one all be all there's so many trading platforms out there there's all they all offer some pros and some cons just do your part in and taking advantage and partaking in the one that works well for you. Don't don't think that you have to use what i use it's never about that. So i'm gon na buy a little bit more alrighty see what we got. Let's see what we got so all right so now i have other people saying: do another live so should i make the tutorial video about my weeble, the setup and then go live again to answer any of your questions? Maybe maybe maybe maybe um so what made you switch off of tos? One of the main reasons is um, and, and one of the things that you guys have to know is i do and you're going to see it right because you're going to look in the description and you're going to see the series of links, i do have A weeble link in the description.

It is an affiliate link. It earns you, you know two free stocks. You do not have to use my link, i don't care, you can use any other youtubers. You don't have to use a link.

Obviously, if i talk about it, why wouldn't i share it uh, but one of the reasons is uh. Weeble has just been such a popular platform, especially after the whole stock. Twits um are not the stock twits uh the whole reddit thing that i didn't just open. A weeble account i opened an e-trade account.

I began to partake a little bit more infidelity. I wanted to become a little bit more well-versed with the different platforms that our users are lpp members right. I trade live every day with our lpp members and, as our group is growing, i'm seeing that they're using different platforms, and it is my job as the creator of this group to try to do my part in being well versed on these different platforms. Weibull is simply just one of those platforms.
I also have e-trade. I became more well-versed with it. So if i get questions about hey ricky, how do i set up this indicator? Hey ricky? How do i buy and sell on this platform? I can be of value um and i'm gon na probably continue to create more and different trading accounts. Just so i can better answer your guys's questions and i'll be making the tutorial videos as time goes on.

So i hope that you guys are excited about that. So i would like to see your setup about each trade. Maybe a tutorial. All you have to do is ask you guys.

You guys know that i'm pretty simple. All you guys literally have to do is ask so so for trading these volatile meme stocks. Do you put a stop loss which will already um when you decide to day trade um? No, i i can sell my entire position pretty quickly right. Would i encourage people to have access to a stop loss? A trillion stop loss 100.

My biggest thing is like have a plan right, so if i see that this thing breaks below a certain price point, even due to my smaller dollar amount that i have invested, i'm not going to hesitate to cut losses. I don't want to ride amc all the way down to ten dollars. Who wants to do that? Not me right, so why am i not going to have structure with my trading right and there it goes. We got amc breaking below ema and one of the things again.

I can't stress this enough. Every trade is not going to go according to plan. It's it's not a glorified. You know thing to say, but you have to be.

You know just like when it comes down to starting a business, just like it comes down to investing in real estate, just like when it comes down to trading in the market. Investing in the market, every trade and every investment is not going to go according to plan right. So why are you not going to approach this with with structure right? Why are you not going to manage a risk? Do it with a dollar amount? You know you guys can see that i have my position as of right now is about sixty five hundred dollars in amc, so i'm doing it with a dollar amount that, even if it does drop very aggressively, i'm known to trade with a lot more. So i can tolerate a lot more.

If you're someone that's just getting started, it is more likely that you probably don't have experience managing your risk. You might be a natural, i don't know right, you might be just naturally better than everyone else, but at the end of the day, take time to practice take time to see what you're comfortable with and i i like. I think we just need to have a conversation if you're someone that's just getting started, i'm pretty sure i also like i don't want you guys to think that the only option is uh. What's it called uh, i want to make sure that i can answer any of your questions um.
Even if you're you know not ready to join our private group, you guys can join our free facebook group and with that you can join our free discord chat. Any questions that you guys might have, please don't hesitate to ask, don't don't send the messages right now, but send them over discord. Any questions that you have if you're part of our free community, if you're part of lpp, regardless of what it is uh, we simply want to do our part in being there right. So um never be afraid to ask your questions.

What's the worst, i can do right, not answer. That's that's the thing it's like just do your part and reach now and i'll do my part right, um and responding, and i'm not perfect. So i do miss some some messages from time to time. So just a heads up on that you can double text me right, i'm not your girlfriend, i'm not your boyfriend, i'm not going to get upset all right.

Everyone drop a like. Thank you alex. What's up, what's up so we're showing a lot of the signs of consolidation right around 35? It doesn't look like uh we're seeing much here anymore, not much momentum. So unless we get a breakout, if we break above what it looks like 34 dollars, we might see a nice push, but it looks like it's really struggling as of right.

Now i like that, mark, that's actually a video that i'm going to be making uh, but let's go ahead and answer it. So mark has a really good question. How many of you guys have been averaging up into your position? How many of you guys are now in the green mark just asked uh ricky: when do you reduce your position size on your swing? Trades, i'm doing this for the first time. So one of the examples that i can give you is on the four hour time frame right uh.

One of the things that we can look at is uh. Let's look at uh the overall just nasdaq index. Let's pretend that it's a normal stock right, looking at it on the four hour time frame, we can see right on over here that you know it sold off. We probably bought a little bit at the dip about more when it began to recover.

At a certain point, you're not going to want to buy more right as we're approaching previous resistance levels right it most likely will get rejected around this general area. You guys can see here that it got rejected. It got rejected here. So as we're approaching this, the more that you add at those higher levels, the you know the higher your average purchase prices and the riskier it could potentially be one of the things that i always focus on, and this is not super attractive for you know the Glorified aggressive traders, but i like to lock in profits and a lot of the times i sell early, but i would rather focus on being green consistently than being in the red right and i think that's why it's so important.
So as we're approaching this resistance level, i've probably already reduced my position. Size 25. Once we're at previous resistance levels, i might have a 50 position or a 25 position left to allow it to run in case. It does continue to run so i can partake in that.

You don't have to do it that way you can hold to the very top you can hold until there's a break of you know the ema below the ema, and then you know cover your position there. Just in case you don't sell early uh, but at the end of the day, as long as you approach it with you know, i know where i wanted to get in. I know based off previous resistance levels where i want to get out. You do your part in reducing position size, locking in profits, following with a stop loss, trailing stop loss.

Something to you know, keep some of those profits in your pocket. I think is super super important. That was a great question, looks like amc is pushing up. So we're up 300 on the position, not too bad uh.

You guys think i should buy a little bit more. What do you guys think? No, it's not really making higher highs. So, let's see i don't know. If there's like a lot of spamming, i don't know what this is uh.

Oh people, just sharing ticker symbols. So how long will there be a sale for joining the lpp group? It's just today, so um we just host them again. You don't have to join um. If you want the discounted price, it's today today only um, it's 75 off first link in the description, but again um.

That's that's really just it so um, there's 20 spots. If you click on the link and then it says full price, it's probably because it's sold out so all right, that's hilarious! So i'm up 10k on pltr goals; uh! That's palantir! Right! Okay! I, like that congrats. I always love to see it. So i'm up 200 on amc and it's going to keep making a run or should i sell i'm not i'm not here to you know, i'm surprised that it even got to this price point.

People are saying that it can go to a hundred dollars. I saw some comments yesterday saying that it can go to a hundred thousand dollars. If you want to believe that, that's up to you, i'm never here to tell you what to do. I'm not here to convince you um.

I think that's one of the things that rubs me the wrong way from a lot of other people. You should never be convinced to do something. You should take advantage of an opportunity, because you see value in it. You can take profits along the way you can follow with a trailing stop loss.

There's a lot of different things that you can do to partake in this and do it in an effective way. That's what i want you to know all righty oof. Look at that! Strong rejection, i'm gon na, have to sell that so those 100 shares pushed up to 35 dollars and 50 cents very quickly and then quickly pulled on back so part of the process. Let's see all right all right, um yeah, so i was looking at the sma line.
Uh tyler. One of the things that you can see with amc is that it wasn't perfect, but the sma line tends to act as a support uh, even during the pre-market session. So it's one of the reasons that i was looking into it uh. It didn't have to work out exactly according to plan, but that's why i took such a light position right.

I only bought like 50 shares here, just in case it continued to drop. Then i can easily manage my risk and that's the thing it's like again. I can't say this enough: it's like we can't pretend, like everything has to go exactly according to plan just do it tastefully. I bought the dip, as i pulled on back on the day, with a very light position, a position that i can tolerate to make it easier to cut losses.

If i had to um so ask yourself the very simple questions, the very difficult questions of you know: how is it that you cannot make the same mistake again if you're, someone that buys a dip too aggressively? Let's work on that, if you're someone that sells too late, let's work on that, if you're someone that doesn't lock in profits um at all, let's work on that right, there's a lot of things that we can work on the thing that i want to remind you And i'm speaking to you right someone, that's just getting started um. You know you have nothing but time to get started. You have nothing but time to learn. You have nothing but time to make mistakes.

You don't have to learn from me. You can learn from you know a bunch of other videos on youtube. The whole idea is: do your part in just getting a little bit better as time goes on a little bit better every day, it's the simple things in life that people tend to over complicate. I just want to make sure that you understand that.

There's no reason for you to rush into this. It's a risky market. It does come at some form of risk, but i i enjoy it because it's challenging and, let's be honest, it's usually the most challenging things in life that tend to follow with the greatest fulfillment. So, if you're someone that likes to embrace challenges, if you're someone that works well with other people um, i think we could potentially work well together.

Right um. I think that's, what's really really important. It's like put yourself in a position to succeed and have the proper mindset when you're approaching um and getting started. So i wanted to see if i can answer any of your guys's last-minute questions.

I think we've been live for about 40 minutes. Almost 40 minutes. Yeah. 37, so we'll wait for the reversal on amc, we'll see if it continues to push.

Let's see, let's see, let's see so we got nicola, we got square, let's go ahead and break those down uh, so we haven't done too many breakdowns on those, so nicholas stock nicola hasn't been doing too well uh, just a little heads up on that. So we're back at 15, that's surprising, so going on the 20 day, one hour time frame uh. So it's coming from a recent rally. Uh.
Definitely it's not a cheap stock right now it just came from overall lows of 12. It's pushing up as long as it stays true to the ema line great, but don't be surprised if it breaks below ema. We can easily see this thing pull on back to the estimate, so just be aware of that uh, the next one is sq right. You guys asked me about square, so, let's check out square square as of right.

Now, let's look at it on the larger time frames. I actually really like this setup, so this would be more of like an investment position right, so you guys can see that it offers a very horizontal support. We've broken this one down before horizontal support at 200: horizontal resistance right around 278.. It looks like it's bouncing, but it's still below estimate line, so i would add more once it breaks above estimate line and then get ready to lock in profits as we approach that 200 and you know, 80 dollar resistance level, it tends to get rejected here.

It doesn't mean that we have to get there. It doesn't mean that we have to stop there uh, it's just normally, where we end up getting rejected, so just be aware of that as well. So, let's see we got amc. This one is at 33.

As of right now, all right looks like it's trying to build up right now now uh. So how do you figure out when to take profits when to cut losses, so i think the most important one is: when do you cut losses when there's a break of pattern right, so when would someone want to no longer be in a position? Well, if you originally saw value in something, that's probably why you took that trade, at least it's probably why it should be right. So if you see a break below a certain support level, if you see that it dropped below your max percentage loss, one of the things that we talked about within our learn plan. Profit team is to always have a dollar amount or a max percentage.

Uh that you're willing to risk so once it breaks below that, if that was your original plan, if that was your original intent, then that's when i would consider the idea of you know mitigating risk when it comes down to lock in profits. You should always before you buy a stock. You should understand where you plan to sell. If you go into a position - and you don't have any consideration of where i'm going to lock in profits, you're setting your future self up for failure, it's that simple, so either at previous resistance levels.

If it's an indicator that you want to use as a reference but understand that indicators are to be used as a reference, not as a sole reason on why you buy or sell a stock but yeah. So one of the things that i really like to focus on is overall price action and, of course, just previous resistance levels and what can act as again that same resistance level. So we are now holding below ema for amc, uh and it looks like we might be headed down here, so we'll have to follow up with it there. What about pinterest so p-i-n-s alrighty, let's check it out all right, so pinterest is up point nine percent.
On the day. I personally do have a position on this um so understand that uh. Would i encourage this stock for everyone, of course, not right uh. This stock has been pulling on back a little bit on the 180 day.

Chart um. You know it has lows of 56 dollars uh it's trying to recover it's doing a great job recovering as of right now uh. It could easily get rejected by the sma line. I'm telling you this as someone that's invested in you know pinterest, i'm not here to convince you to get into it.

I bought at a very low price. I've been averaging up into it and i will either reduce my position size a little bit at the sma line, but if it breaks above the sma line, guess what i'm going to do, i'm going to buy more right? That's simple! So i i keep my positions very, very simple. When it comes down to my trades when it comes down to my swing trades, when it comes down to my investments so yeah, i i like the setup that we had on pinterest uh. It was very similar to like what we had on shopify, how many of you guys saw that set up on shopify and that overall recovery shopify pulled back due to earnings as well right pulled on back right on over here, actually now right after earnings, it peaked And then pulled right on back, hey overall lows of 1000 and has now made nearly a full recovery, so amazing, to see it's approaching the 13 1300 mark and that's about 20 from overall lows to current highs is about uh.

Nearly 20 potential uh is what it. What it recovered so just a little heads up on that so dk ng is doing super well almost up eight percent, yeah, um or eight dollars per share. Let's go and check it out, so we got draftkings uh. This was a position that i took um.

So i'm up twenty three hundred dollars on draftkings and this is uh on my you know: uh weeble account, but i'm up eleven percent. I doubled my position right and we are approaching sma line. So let's talk about it. Let's, let's not be blindsided right.

We are approaching the sma line. The sma line before has acted as a resistance level and you're, either going to prepare for it and prepare to potentially lock in profits or reduce position size because it could get rejected here and or if it breaks. Above. As i'm hoping, it does, but it doesn't have to then that's where i'm going to double down on my current position and i'll be in with forty thousand dollars so as right now, i'm in with of my own money, twenty thousand, but i'm up two thousand dollars.

So i have twenty two uh thousand in it, so i like it, i i like the setup i like uh draftkings was the one with the greatest potential for a recovery and with the highest percentage potential for a return so from where i bought at to full Recovery, that's about yeah, 67 percent is what we calculated uh, which is great to see um yeah, you guys, you guys are the ones that decided um on out of the three stocks that i gave a selection on. You guys decided draftkings. So maybe i'll do something. Maybe i'll do something: what do you guys think? Maybe i'll fly one of you guys out we're almost at a million a million subscribers? What do you guys think that we should do you guys think that i should just lock in profits? How much am i up? Should i lock in profits right now and just use the two thousand dollars to have a fun weekend with one of you guys? Maybe i'll fly out a group of you guys once we hit a million uh to the hq? Actually that wouldn't be a bad idea.
Maybe i'll fly at a couple of our lpp members, or should it just be youtube, i don't know youtube people youtube comments are kind of all over the place we got some trolls. Imagine flying out a troll that'd be funny, but um honestly, i might consider that i think that would be pretty dope. I don't know how you guys feel about that um yeah. I that's! Actually i'm gon na plan something out i'll, do i'll.

Do that, for you guys um, i can't say that i'm gon na fly out a group of you, but i'll at least fly out one person now that covet is kind of like relaxing a little bit. What's going on pascal, what's up man long time, no see um, yeah i'll plan, something out i'll plan, something out that will be fun, maybe yeah all right, i'm pumped all right. You guys decided so we'll fly, someone out, um and i'll use, i'll, probably lock in a portion of my position, then just to lock in at least like a thousand dollars and then we'll have a fun um a fun weekend, a fun week with the team. You guys will see how we flip houses we're taking on a new project on tuesday, how many of you guys have seen that uh? How many house flips we've done in the you know, past couple of months we have an exclusive video, that's just going to be for our learn plan profit team that should be uploaded.

That will be showcasing. You know how i flip out, how i flip houses the pros, the cons, the mistakes we make all of that stuff, so that should be uploaded only to the lpp team. So so i think i'm one of the few women in the lpp group all right. What's going on elizabeth love to see it all right, so that'd be tight once you hit 1 million subs, let's do it well, it just depends on how quick we hit 1 million subs, but uh definitely down to do so.

I don't want to take too much of you guys time, so i had a lot of fun with you guys i did. I did have a lot of fun and you guys did decide. Trust me. Draftkings would have not been the stock that i would have selected.

I would have selected carvana, i really like harvana uh from what we talked about and carbon is actually not doing too bad. I can't say that it's doing as well as draftkings, but it's not doing bad. So i talked about carvana down here, and this is where it's at as of right now, so it's still doing really well. Carbon is like a really uh big company here in arizona.
So let's do it. Let's do it um. Am i gon na huddle amc, i'm not um. I've talked about it before i don't i don't i'm not going to hold any of this overnight.

Um i'm going to lock in profits or kill losses and then move on from there. But um love to see it uh, oh! No! What's going on glenn you're cracking up man, i like it all right so follow me up where i really wanted to get the best. All right appreciate that ice. Once we hit 1 million subs i'll fly.

One of you guys out - and maybe you guys can help me open up the hq for the grand opening. How does that sound? Maybe maybe sounds good right again friendly reminder. If you want to be part of the lpp team, we have our biggest sell today. It's 75 off if you're ready to join the team.

Uh, that's going to be that first link in the description you can refresh your screen. First link in the description. First, 20 people just a heads up the people that i'm going to be flying out. The people that have access to the private headquarters, the people that have access to our house flips and everything it is that we do is simply our lpp team um.

The people that i fly out. It might be not just learn, plan profit members, it might just be a random person on youtube um. I still have to decide that, but i nonetheless you know really do appreciate you guys time. I hope that you can consider dropping a thumbs up subscribing to the channel and um.

You know if you guys have any questions on how we can connect and how i can be of value. I hope you know that you know please don't hesitate to reach out. There's a bunch of free ways on how we can connect and they're all in the description, so um appreciate the time. Wish you guys nothing, but the best, like always continue working hard continue following dreams.

Let your passion be a judgement success and, like always, let's make sure that we in the year on a green.

By Stock Chat

where the coffee is hot and so is the chat

28 thoughts on “πŸš€ live trading with ricky gutierrez ($amc & tesla stock)”
  1. Avataaar/Circle Created with python_avatars Justin Chang says:

    at what time does he actually make an execution? LMAO or is he just talking….

  2. Avataaar/Circle Created with python_avatars Ibrahim says:

    This is not live trading, it was just a monologue

  3. Avataaar/Circle Created with python_avatars Gen Z says:

    Fly me and my son out he is 8 trying to teach him the value of stocks and opportunities it can give you I only been trading since December found your videos on YouTube 2 months ago tops

  4. Avataaar/Circle Created with python_avatars Sayed Ahmad says:

    I will put %10 of my savings into AMC and assume that I have never had it. it is better than putting my money in a savings account and let my employer borrow it from the bank and buy unnecessary machines and kick me out of my job.

  5. Avataaar/Circle Created with python_avatars psx2514 says:

    Webull is a Chinese company. I don't want ANY Chinese company having access to my personal financial data.

  6. Avataaar/Circle Created with python_avatars Krampus X says:

    You don't have VWAP on WeBull? You don't trade on TD anymore ?

  7. Avataaar/Circle Created with python_avatars Emma Rissa says:

    I’m so happy ☺️ I have been earning $18,000 returns from my $6,000 Investment every 13 days.

  8. Avataaar/Circle Created with python_avatars yzka666 says:

    <great post πŸ™ŒπŸ»Very detailed and precise video you put up mate I love your contents, it's funny how some folks out there still haven't accepted the fact that cryptocurrencies continue to reshape the world globally, It's hard for anyone going against it these days, though from a trader's perspective I feel we really need more experts in the field updating newbies/investors on how the community works, lately the price of BTC has been fluctuating which means the market is currently open and you can't tell if it is going to bearish or bullish, this uncertainty pushes most traders away and forces investors to hold, I'd say it's outrightly wrong to just sit back and wait maybe incur some losses along the line, that's a wrong mindset for an investor because as an investor finding ways to always increase and stock up more coins should be our ultimate goal thereby making profits, it all depends on the pattern with which you trade and also the source of your strategies. I started with 2 BTC and I have accumulated over 5.5 BTC in just 4weeks, with the right trading strategy given to me by an expert trader Randy Douglas.. His methods are top-notch and profitable and he can be contacted easily on T e l e g r a m [ @randy_signals] and also what'sapp–(+,1,5,2,0,3,3,7,2,6,3,1.)for Crypto related concern✊..

  9. Avataaar/Circle Created with python_avatars Keshav says:

    Create A Tutorial Video on Webull Setup!!!!

  10. Avataaar/Circle Created with python_avatars Mark046 says:

    There are many ways of trading of course, but all of the market wizards that I’ve heard say don’t average your position by buying more when the trend goes against your position..instead, get out and you can always buy back in.

  11. Avataaar/Circle Created with python_avatars Carol joshua says:

    Elon probably posting the best tweet of his life
    tomorrow to get cryptos back up. The dip is just
    an opportunity to get more cryptos.

  12. Avataaar/Circle Created with python_avatars Zeli Lee says:

    You’re solid, thanks for the cautionary words of wisdom on AMC.

  13. Avataaar/Circle Created with python_avatars lugard jameson says:

    Expert Alexander sean has been managing my trades for months and i keep making profits every week , made $9,120 last week

  14. Avataaar/Circle Created with python_avatars MuseR says:

    thanks for the live trading vid keep it up

  15. Avataaar/Circle Created with python_avatars Mickey Mouse says:

    that was it? that was the extent of the trading preview?? watching you buy into the amc reddit meme stock short squeeze action at the very top of it and checking on your Tesla position that you coincidentally forgot to wait for a reversal and watch your position size on?? isn't this amc nonsense the type of stock you say you don’t really care to trade?? just completely ignoring every principle you preach and teach? Come on Ricky,, i expected more out of you today. Honestly really admire you, the principles you teach, what you do and the way you speak and everything.. think you're wise beyond your years and have been for a while but come on dude,, today was kind of a joke. gonna say probably not your most 'tasteful' upload. Ill still probably join your group one day though. until then,, later bro!

  16. Avataaar/Circle Created with python_avatars ISAKOVV says:

    I was missing type of content nice to see it

  17. Avataaar/Circle Created with python_avatars Rudy Guerrero says:

    Hey Ricky, check out High Tide Inc. High Tide ($HITID) will be the first major cannabis retailer trading on NASDAQ starting 6/2!! πŸš€

  18. Avataaar/Circle Created with python_avatars Jorunn Berban says:

    What's up wat's up Ricky! That is what I did AMC this morning at market open, but now I am -$2,300 down on AMC. Right after I got in it started going down. It became too late to cut loss and also it is Friday, Monday is Memorial day, so I never know what is going to be happen on Tuesday! It might go up crazy again. If not I will just stop my loss. That is how my day started. Have a great three days weekend!

  19. Avataaar/Circle Created with python_avatars yeah whatever says:

    Has Ricky left Thinkorswim? If so is there a video on why?

  20. Avataaar/Circle Created with python_avatars Ayyy Jester Dazed says:

    I bought the dip and it kept on dippinπŸ˜‚πŸ˜‚ you can't win the war without losing a few battles along the wayπŸ’ͺ🏽

  21. Avataaar/Circle Created with python_avatars viraj singh says:

    hey ricky, could you take a look at NVDA. tesla said it will load up on chips amid the shortage and Nvidia has proven that they can meet the supply. My thought is that Nvidia should sell to Tesla since tesla has the financial ability to meet NVDA's prices. this should drive up their share price. I just bought NVDA at $629/share and i am up 1.8%

  22. Avataaar/Circle Created with python_avatars 123456777ate says:

    Ricky is the smartest trader I know of. Listen to his advice everyone. He's done well in both bull and bear markets. The market's been on fire, now it's time to learn how to trade without the hype

  23. Avataaar/Circle Created with python_avatars Luca Brasi says:

    Amc hold πŸ’Ž πŸ™ŒπŸ» dont sell for pennies this is life changing money here.

  24. Avataaar/Circle Created with python_avatars ENMAR CANETE says:

    Thank you Sir Ricky Gutierrez for your time and wisdom in this flatform of business….GOD BLESS YOU ALWAYS SIR RICKY…

  25. Avataaar/Circle Created with python_avatars Viraja Jena says:

    Which is long term better investment at fair value – Alphabet or Tesla?

  26. Avataaar/Circle Created with python_avatars Stacey W says:

    I would like to shadow u for a day to see what u do, how u do it as far as trading & flipping homes. I like to see how u run ur business with ur team.

  27. Avataaar/Circle Created with python_avatars Ricky Gutierrez says:

    If you think I should use my $DKNG profits to fly one of you out to visit us in Arizona for the Trading HQ Grand Opening, drop a like & share what you would like to do while you are here visiting! I want to plan this out!

  28. Avataaar/Circle Created with python_avatars Logan Anderson says:

    The rich stay rich by investing and investing without stopping then the poor stay poor by spending like the
    Rich but yet not investing like the rich

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