About the good and the bad, what's going on team, it's ricky with tech, but solution. So how and what is good today, roku pushed up seven percent. I really stepped on the gas i made fifteen thousand dollars day trading roku actually for part of my trade. Uh was actually all caught in today's live trading session.

With the learn plan, profit group, i'm not sure, if you're new to the channel, if you've never watched me trade live. I trade live every single morning exclusively to the learn plan. Profit group. I will actually link that live trading from today this morning.

In the description it's going to be the first link down below just so, you can kind of get a taste of like what it took in the very beginning stages to get here. It was when so let me differentiate the kind of the difference i had about a hundred and twenty hundred and thirty thousand dollars into roku, i locked in profits because it continued and continued. There was a resistance at 215. You'll see that within that live trading, it pulled on back and pushed up resistance level at 218 and then, as it tried to push up again same resistance level, it pulled on back and once it did, it found its support level at the moving average.

I doubled down. I went from about 130 to 140 000 position size to 350 000. This is not something that i normally do, but roku today was just so bullish right as a day trader. It is our job to determine when it makes sense to step on the gas.

It did not make sense for me to step on the gas when it's pulling back and potentially selling off, but when we establish the support level at previous resistance level and it's indicating signs of an uptrend, that's when i began to average up. Yes, you heard correctly average up into my position stepped on the gas and then when it hit and and began to surpass, uh 218 guess what i began to do. It was all shown, and you guys can, if you guys follow me on instagram, you guys can see it there. I began to liquidate my shares.

I went from 1600 shares over 1600 shares and i left myself with only 30 shares left that's about 6. 000. So i went from a 350 000 position to only 6 000. You might be asking well ricky.

Why would you ever do that? Why, if it was pushing up so much today, this was a day trade. This is the biggest thing that again we talked about in today's live trading session. It is so important to understand the difference from a day trade and a swing trade look at roku for the past couple of months. It's been selling off the direction.

Long term is not in my favor, so although it made sense to day trade it because it was bullish today, it doesn't mean that it has to continue to go up and based off of its history. Its direction is not in my favor, which is why i would view holding it overnight to be a greater form of risk, as it tends to sell off more than it tends to push up very short and sweet example. That is why i locked in profits. I wasn't afraid of what, if it breaks above 220, what if it breaks to 230, i'm okay with that, i'm okay with missing out what i'm not okay with, is leaving money on the line, hoping it continues to go up no plan in place, and then i End up going from green to red.

That's what i don't want to happen as you and i can both agree. That's one of the worst feelings! I don't only just want to talk about the green, but let's talk about the red. The market pulled back today. A lot of you guys noticed that uh based off of my trade yesterday, i had a position on tqq i had about, if i'm not mistaken, a thirty thousand dollar position in tqkq, i'm down three thousand dollars on the day, i'm down 1900 on the open.

I am still holding tqqq just because i choose to do this does not mean that you should. I want to explain myself. 50 000 is about a fifty percent position for myself. I normally like to buy with about a hundred thousand dollars.

I see there to be greater upside than downside on tkq, not only with tqq, but guess what other stock i bought today. I wouldn't recommend it for everyone, but i bought some tesla. You guys can see my average purchase price. Where does it show that average is 9.37? I don't have a crazy position.

I have about 41 000 into tesla, i'm okay, with having some skin in the game as something is still selling off, but i view it to be cheap. It's all about my intention. This is the biggest difference. Not only did i buy tesla, not only did i buy tqq, but i bought facebook today i bought a series of quality stocks and i can make a whole video on this.

If you guys would like me to, let me know down in the comment section and drop a thumbs up, if you would, i can break down what quality stocks i am buying as the market is pulling on back, because that's what i wanted wanted to explain in This video, like you, know i killed it with roku today, but guess what roku is a day trade? You know not everyone day, trades right. I love swing trading and buying the dip. When everything sells off. I'm i'm ecstatic because the market pulled back today, which means deals, deals deals.

You know. Companies like facebook pulled back today right right back to 334. This is why i bought some companies like apple, i value apple. I don't know if you do pulled back today.

If you don't, then again don't buy it, but companies like amazon, pulled back today right back to its previous support level. This is the time where i like to buy in preparation for recovery. I'm going to leave you with a very simple message on my red days. I prepare for my green days and on my green days i prepare for my red days.

It is the mindset and perspective of don't always think that you have it all figured out and also understanding that when the markets pull back just like we experienced today, although it might look like a bad day, it can end up being a promising future. If you have proper intention, i'm not telling you that you should go ahead and buy a bunch of you know crappy stocks that are already selling off regardless of the market. That's not what i'm saying i like to take this time when the markets pull back, to take advantage of the deals right. We're all about black friday deals, because it saves us money.

I like to buy stocks at a discounted rate when the stock market pulls back, because i get it at a deal and i make money when the when the market recovers. You want to take position size into consideration and, of course, not by the dip too aggressively. As if it continues to drop as it definitely could, it can put you in an uncomfortable situation, do things in a tasteful matter and again, this is something that i dive much deeper into into the learn plan. Profit group.

So this is something that i work with them every single day our daily live trading sessions. Again, if you guys want to get a taste of what that's, like click, the first link in the description, and you will see today's live trading session. Not only do you see me, trade live. I answer questions.

I share my thought process every single morning, just imagine being able to wake up and surround yourself with people that have the same goal and that's working towards getting better every single day. So i'm super excited. I i don't want to hear any excuses of oh ricky. I wasn't you know prepared for today, ricky i'm feeling down, because the market is red.

Think about it. Now is when the money is made you you can prepare now on the red days to make a profit when their green days come and present themselves right. I can make 13 of tqq recovers and guess what well, what if it doesn't recover well based off of its history. It doesn't have to recover soon, but looking at its overall pattern for the past year, it's been very bullish.

Looking at the overall, you know past year for something like facebook, it's been more bullish than it has been bearish. Looking at the past year for apple, it's definitely been more bullish than it has been bearish. It's understanding the stock's true direction understand when it makes sense to buy and understand when it makes sense to sell we like to keep things that simple within learn plan profit. So again, if you guys are ready to join our learn plan profit group first, please watch that live trading session.

But if you're ready to join watch me uh watching me, trade live every single day. Again, i'm gon na link it in the description it's gon na. Be the second link down below i'm gon na offer you a hundred dollars off today only for the learn plan. Profit, 2.0, lesson, library that gives you access to everything: the 70 videos, the daily live trading sessions and, of course, the 24 7 group chat.

So if you have any questions, please feel free to comment those down below. I hope that i earned your thumbs up. Please consider subscribing and, like always, let's make sure that we end the year on a green now, take it easy team.