Is now the best time to invest? Stocks are dropping lower due to inflation, interest rates rising and earning reports are not as good as expected. BIG WEEK NEXT WEEK. Might be worth it to save those day trades!
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1.๐จ Join My Free Trading Group Chat: https://discord.gg/kwVQtmu
2. โ LPP 2.0 (Daily Live Trading): https://learnplanprofit.net/
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For those who are interested in Trading & Investing, I encourage you to join Our Free Trading Group of over 310,000!
#livetrading #stockmarketcrash #stockmarketlive
Thank you for the support, the best way to reach out to me is through our private discord chat, please DM me.
The Stock Market falling/ crashing can be a scary thing when you are not informed on how to make money during a stock market crash! The corona virus isn't getting any better and opportunity is among us, let's take time to inform ourselves and make the most of this opportunity!
If you have any suggestions for future videos such as Day Trading, Investing, Stock Market, Real Estate, Car Sales, Webull trading app, How To Use Robinhood App, TD Ameritrade, Crypto & bitcoin, Entrepreneurship, Forex, Online Marketing, Online Sales or fun daily vlogs. Please let me know.
DISCLAIMER: Please note that i do not ask for any information. I always encourage our members to trade ONLY what you understand and never based on anyone's opinion. My videos are for entertainment purposes only.any questions to message me as i would love to be a part of your success.
I just wrapped up the live session with our learn plant profit team. I wanted to talk about a couple points that we made in today's live session. Uh. One of the first things that i want to talk about is as of right now.
In my opinion, you guys can, let me know down in the comment section. I think the market's super choppy one of the things that we have to be aware of is at least for tkq, which is the nasdaq uh bull etf. It's been selling now for at least two days and two days quite aggressively both days for tq eq, significant losses of over six percent each day. That being said today can definitely be the third one um, i think, because of what's to come tomorrow i mean today.
Yeah companies did report earnings. In my opinion, it wasn't any big tech stock. If we go on over to the market section, you guys can see that tomorrow we have google and microsoft that are reporting earnings. I think that this is really what the market is waiting for both of these companies - trade uh in the trillion dollar market cap - and this is huge right - i i want to see how the market reacts to these earnings.
I think this will really determine the direction for the market, whether it's bullish or bearish for the overall week. Also on wednesday, we have facebook, boeing, ford, qualcomm paypal and then on thursday, the last, in my opinion, significant day, apple amazon. So, as you guys can tell on twitter also for all those that are holding after the elon musk hype this morning, um the reason i'm sharing this with you guys is - i don't want there to be any excuse on. Oh my god like.
Why is the market selling off tomorrow or why is the market so choppy today? I view today to be so choppy that at this point it almost doesn't even make sense to trade right. Yes, it is somewhat indicating signs of an uptrend, but i feel like again any time that you open a position, especially if you're under the pdt rule you're just putting yourself more vulnerable and a more vulnerable position, especially when direction truly is not in your favor. We cannot be surprised that the market is factoring in. You know on really unset expectations, uh based off of what's to be announced for these earnings.
If these earnings are bad, then yes, we should expect the market to drop even further. It's not something that should scare you it just should just be something that you should simply prepare for, as the market continues to remain choppy. One of the examples that i give today uh in the live session, i actually just shared a video like this on youtube. Is i don't know about you guys? I don't know if, if you've ever felt, like you forced trades every time that you take a trade that it just goes, you know not according to plan.
One of the analogies that i gave today during today's live training session is the example of just imagine. You uh imagine yourself, you know outside of the shoreline right, you're, simply trying to swim back and when market direction is not in your favor, it's kind of like the ocean, current not being in your favor. The waves are going against you. It's just that much more challenging! It's not that it's impossible to swim back to shore. It's not like it's impossible to make a profit when market direction is not in your favor you're, just putting yourself in a condition. That's more challenging versus scenario! Number two: where you wait for direction to be in your favor, you wait for the ocean current to be in your favor the waves to go with you. It's still going to be challenging, but not as difficult. You get what i mean put yourself in a condition to succeed.
You guys know yourself best better than i know you right if you can see that the markets are choppy. If you can see that the markets are factoring in uh, what's what's to be announced for these earnings, then don't over complicate it right. Allow conditions to be more favorable for you, i think that's what's most important, learn to be selective, not every day is worth trading and, in my opinion, based off of how the markets are currently trading right. Now i think today is a great day for preparation, especially for these big up-and-coming earnings, but definitely not a day worth trading.
As of right now, i can set my alert and if the market suddenly begins to indicate signs of an uptrend, then i can follow up with it other than that, i don't want you guys to have to waste your time, watching paint dry all day that simple, So just trying to look out for you, especially for all of our beginner traders, so again, if you're absolutely new to the market. One of the things that we do want to remind you is: i do trade live every single day. You guys heard me talk about them, they get to watch me. Trade live at market open every single day and again, if you want to be able to watch me, trade live and join our learn.
Plan. Profit 2.0 team: it's all-inclusive! It's a one-time payment and again that's going to be that second link down in the description uh. If you guys are absolutely new to trading and are simply trying to connect uh with like-minded and new traders. The first link down below will send you on over to our free discord chat.
It is different than our private learn. Plan profit discord chat, but yes, it is free. So that's that first link down below. I appreciate you guys time i'll see you guys tomorrow at market open, i'm very excited to see how these companies begin to report, earnings, hope, they're earned a thumbs up.
Please consider subscribing and like always, let's make sure that we end the year on our green up. Take it easy team.
Despite the economic downturn, I'm so happy ๐.I have been earning $ 60,000 returns from my $7,000 investment every 13days.
Itโs over for you Ricky. You guys had too much fun with all the Fed money printing. Now itโs downhill from here.
It is OK to wait
I have joined but cannot Acces live trading please help
Choppy, but some buyers are coming in
Good morning Ricky. Just wanted to say thanks for the content. Been a subscriber for a while now. I wanted to know your opinion on CRXT. I did really well the other day on 4/20 with this company I sold my shares near the peak on 4/20 I went a head n bought more shares on Friday I thought I saw a upward trend and I got 63 shares at 2.39 but today it dropped to nearly 52wk low would you say take a L or u think it will bounce back. I saw benzinga spoke on dem like 30min ago on Twitter hopefully helps bring it back thanks I appreciate it hope to hear from you soon.
What level of Q's are you setting your alert for?
I thought the same thing rickyโฆ. Market is too choppy to trade todayโฆ tomorrow the market should do somethingโฆ.
Hi Ricky, lost thousand of dollars trading during first 30 minutes after market open, I started with SQQQ, then my stop got triggered and switched to TQQQ, then SL got triggered and switched to SQQQ again, then I lost again… 3 losing trades in a row…
very new to investing, been studying like crazy. seeing my flaws and the challenges of the market lately. your channel has helped greatly… I'll take the next step soon, thanks for your help
i am up 4% today Though, Soxl And SQQQ, Soxl is pretty volatile So when I feel like it lost 1% in such a little time I know the market direction changed, And hop to SQQQ, still learning, but have not failed because I have cold mind. and great stomach.
Ricky on CNBC they said today that the NASDAQ officially entered into a bear market what is your thoughts?
Gainz!
Let's make some money
I know, itโs getting worse, but luckily I have my SQQQ
3 rd
Iโm the first view
First
19s early