I knew this red day was right around the corner. What's going on team, it's ricky with tackle solutions here with another live market update. So yesterday i had a sixteen thousand dollar game. The day before that i had a twenty thousand dollar game.

Uh i've been doing much better this week than i recently have and i've just i felt like i've been in sync with the market. I knew based off of my track record and based off of just how i tend to trade. Sometimes i try to get. I almost get too confident just like everyone else right and then, when i have a red day, it's a very, very bad day.

So about two days ago i talked about like hey. I've been on this hot streak. I know a red day is right around the corner and i'm very happy to be sharing with you today, my red day again, not just my green days, but of course, my red days loss is inevitable in the market right. One of the things that i love to share uh it's this little quote right my job as a trader.

My job as an investor is not to avoid risk, it's simply to manage it and i think that's a great mindset that keeps you very level-headed. Um down. Three hundred dollars on the day, i'm in with ninety-eight thousand dollars i've been scalping tqqq i mean tkq is down about one percent. If you were to do the math, i should be down about a thousand dollars, but it's because of the couple of day trades that i've taken.

That's it's actually played out very well for me um. I don't know if i'm gon na end it in the red. I just wanted to showcase you guys. I mean even at the worst right, my max loss, so you guys have an understanding, was a two percent loss of what it was that i was invested with that's about two thousand dollars.

I was still nowhere close to the two thousand dollar mark when it came down to being at the lowest price point. So i was ready to cut losses if i needed to - and that's one thing that i'm always here to remind you - that you need to hold yourself accountable based off of your plan and your intention. A lot of people are asking me right now right. So i've been shorting the market as the market's been pulling on back right.

So sqq has been um the etf that i've been paying attention to and as the nasdaq market has been selling off, then guess what ask qqq has been doing it's been skyrocketing. I mean we literally partook in almost all of this. It's gapped up and we made a great amount of money. Our learn plan, profit team has been killing it, but again all great rallies must come to an end.

What has been causing the market to drop? The talk about inflation rates, the talk about interest rates, rising interest rates, um, you know a more aggressive approach with interest rates. That's all the feds continue to talk about and rightfully so that's their job. I'm not going to complain like other people, that, oh, my god, they're just you know, spreading fun like that is literally their job. Their job is to control inflation, and that is how they moderate it with interest rates.

It's just how the world works right, i'm not going to use other people as an excuse for my scapegoat on why i lack success. My job here is to focus on direction and we killed it, but i knew that s. Qqq was not going to run forever. So we were preparing during today's live trading session for tq.

I got in a little bit early. Obviously i paid the price i'm down about 300 at the lowest point. I was down 1.2 k, but it's all based off of percentage right, i'm in 100 thousand dollars. So in correlation that was 1.2 percent, i mean if i see 10 upside potential, which i do for tqq and my downside risk is 1.2.

I would do that all day again. My job is not to avoid risk. My job is to manage it and i want to take advantage of opportunities right and even my position size at a hundred thousand dollars a little bit under a hundred thousand dollars. That's 33 of my position size.

I, when i step on the gas i can go in with three or four hundred thousand dollars, and why haven't i done that? Well direction hasn't really been in my favor. You can see that since the market has opened, we did push up for a little bit. I was up in today's live trading session and then there was a quick shift of direction. You know, i can't control the market.

I can't predict the market and i'm very happy that i had a light position. So when things were selling off, you know i could tolerate it and that's my suggestion for all of you guys. It's as you guys are asking this question of like hey. Should i sell tqqq hey? Should i get into sqqq? What should i do with my long-term place? It's all based off of your intention, that's what we talked about in today's live trading session.

We're like how many of you - and this is an actual question - how many of you guys two weeks ago. Do you guys remember when the nasdaq market, all of a sudden, began to make a recovery? How many of you guys remember that all of a sudden things didn't get better? Russia was still attacking ukraine. Interest rates were still going to rise, inflation was still present. Oil prices were rising; it's not that things got better.

It's that things didn't get worse. We talked about this right. How many of you and i'm asking you comment down below missed out on that rally and really like kind of scratched your head and you're like wow, like what do i do here right? I didn't prepare for this. I thought the market was potentially going to sell off a little bit more.

What your job is not to predict the future. Your job is to prepare for it. So that was my encouragement to all of my learn: plan: profit traders not to trade. What i'm trading! I don't care about that.

I don't. I don't need my team to do that. My job as the the leader in my group is to encourage them to do what is best for themselves and here's my encouragement for you ignore what i'm trading, if you were to only be able to choose two to three stocks, to invest in right now, that Are a little bit cheaper as the market pulled on back which three stocks would those be that only you can answer that right, there's no right or wrong, but create that trade plan? Take time, five, ten twenty minutes and really dig deep, create that trade plan. Where do you plan to buy? Where do you plan to average up? Where do you intend to cut losses if things go south? Where do you plan to lock in profits? What's your upside percent uh percentage roi? What's your downside risk all of it? You need to do this, so if the market does begin to recover, i'm not saying that it's going to recover right away, but i think that we can all agree that, based off of that performance, two or three weeks ago, when the market began to recover, we Had fomo why you might have been invested, you might have not, but you know you didn't fully prepare for it.

Now is your chance. This is your second time to really get ahead. You saw exactly how you felt don't put yourself in that same unfortunate position. That's being unprepared, you don't have to buy anything, but at least you have your trade plan of like hey if it trades above this i'm getting in.

If it goes above this, i'm averaging up, if it trades below this, i'm reducing position size with stocks that you value, not that i value not that whoever else is telling you to buy their stock, not about that focus on what you value look out for yourself Is that not the reason that we're all here - you're not here, to make money for me you're, not here, to make money for someone else you're here to make money for you? So why not take time and look out for yourself, so it looks like tqkq is pulling back just a little a little bit, but we also had a really good question. Um asking what time frame is the best time frame, or you know what indicators are the best indicators right, and this is a question that i love to answer, because i think it has a lot to do with, depending on what you're trading it respects different indicators And different time frames differently, but what does that mean well? Have you ever noticed that maybe on the one day, one minute time frame, you know this ema might not be the most effective right. We're above the ema then we're below it, we're above the ema and then we're below it. Ah, i don't really view the ema to be a very useful indicator right now right, but if i go on the five minute time frame, it acts as a resistance level resistance resistance and then we break above we got confirmation.

The five minute time frame is more respected than the one minute time frame with this ema. That's exactly what i mean, and this is different for every indicator, and this is different for every stock. Every stock trades differently, some are more aggressive than others and then, depending on that they respect different time frames and indicators differently. So this is when again, it's not a copy and paste system.

This is not like hey. I use these indicators you do too. You have to understand that you have to adjust them according to your focus in the market and what you choose to trade and or invest again. This is not a copy and paste.

This is why we always talk about this market is not a market where you want to be told what to do all these people trying to encourage you to copy their trades. What, whenever in school right, because we've all been there to some degree right whenever in school, have you learned and have become successful by copying? Others? Really? You want your entire career as a trader to be dependent on someone else and copying someone else or here's a crazy idea. Why not take time and learn the? Why behind why they trade, why they buy why they sell the thought process? So, when you're put in a similar position, you can overcome those challenges, because you understand how to solve that problem. There's this very simple saying that in a world full of problems be a solution, that's a value, not copying other people.

Again, it's difficult! It's challenging! I'm not saying that it's going to be easy, but in my opinion, it's worth it, especially if you're, showing up every single day. Why not double down on yourself and really begin to learn and understand what is it you're doing again, i'd love to answer any questions that you guys might have. I do have a free discord group. You don't have to join.

If you don't want to, i really don't care that much it's it's if you're an absolute beginner. If you like, the way that i speak, if you like the the message that i'm expressing to you, i would love the opportunity to work with you on a closer basis. And yes, this is my free discord and that's the first link in the description. So if you guys want ask me any question if you want access to our live trading session, if you want access to get a taste of what it's like to visit us at the hq, something that only the learn plan profit team gets to experience.

Ask me: that's the best way to do so. You don't have to message me on instagram. You can you don't have to message me via discord if it's a trading related question and then again one of the last things that i want to bring up. We are running a sale so again we just um presented these new mouse pads.

So again, if you have your trading setup, but you want to pimp it out with some new art. Not only do we have the charging bowl, but we have all these different mouse pads that are now available at shoptechbuds.com. It's the fourth link down below these three are all new designs and again you can go through our entire collection and best fit or choose whichever one best fits your need. We got the aluminum art, we got the flags and of course we got the wall street apparel again all available at shoptechbuds.com whenever you're ready, if you're ready to be able to watch me, trade live every single day and you want access lifetime access to our a2z.

Video lesson library take two minutes: click the second link down below learn a little bit more about our learn plan. Profit group see if it's a good fit for you and we will go from there. So i'm excited for tomorrow's live training session. It's up to you.

If you're going to join us um, if you again want to learn a little bit more about it, that's that second link 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. Thank you.

Dizzy team.