's going on team. It's ricky with tech. But solutions and welcome to our our free. Live trading session.

This is one of the things that i offer maybe a month for free. I normally only do this exclusively with my learn plan profit group. But again once a month or maybe once every other month. We host these so again i hope that you learned something new you get a taste of what our learn plan profit group gets to experience literally every single day right at market open and again.

If you want me to continue to make these videos. All i literally ask you to do is to drop a thumbs up and of course. Consider subscribing so you stay up to date on when we do host them so uh tqq. Oh.

There it goes that's actually my alert uh t. Qqq right off the bat up three percent on the day um. There is no break of pattern as of right now again one of the one one of the questions that i began to ask myself uh when wanting to either buy more and or sell is you know is direction in my favor are we seeing momentum is it consistent. The idea is making sure that conditions are favorable for me to have a successful trade trading.

Doesn't have to take place every single day right if conditions are not favorable. If the market's selling off if markets choppy. It adds another layer of risk your job as a trader is to choose the days that are worth or maybe not worth um trading. So let's go ahead and i already uh took a couple of uh positions during the pre market session.

Obviously well let me explain because it might not be obvious right we're indicating signs of an uptrend we were making higher highs higher lows we kept pulling back a little bit. But every time that we pulled on back. We'd struggle to actually break below support and actually continue to uptrend. We would pull on back.

I actually just sent out a little update to our learn plan profit group um. Making. Sure that they are aware of uh. This ema that is currently acting as a support level remember every indicator such as ema moving average.

Even my rsi and macd are never perfect. I like to use them as a reference and you know. But never a sole reason on why to take a trade or never a store reason on why to sell a trade um. My biggest focus is asking are we seeing there to be a break of pattern.

Where tqqqq is no longer indicating signs of an uptrend. It's looking a little bit more on the overbought side one of the things that i quickly wanted to check out is previous resistance levels. But i feel like i jumped right into it i want to say what's up to everyone that's joining us today. How are you guys all doing today.

I appreciate you guys waking up this early for one of our live sessions and again if you guys enjoy this please make sure if it's not too much to ask that you guys drop a thumbs up and maybe consider subscribing if you feel like we earned it so let me go ahead and add more to my position. I'm going to add 250 shares one of the things that you must understand is that i trade with a specific dollar amount that again. It's a little bit more than the average person uh. It should definitely be more than someone that's just getting started the great thing about trading is that over time as you gain experience as you get more confident you're gonna feel more comfortable trading with more money.

This is not something that you want to rush when you begin to trade with more money more emotions. Follow. I'm not going to be like other people that it that's just going to encourage you like just jump into it just start trading with whatever amount of money you want you know what trade with whatever dollar amount you're okay with losing. There's a lot of steps that you can take to not have to lose an uncontrollable amount of money we talk about these steps within.

Learn plan profit. I talk about some of these steps within our youtube videos it's just a matter of you watching you know i have 2 000. Videos on youtube right so making sure that you take time to actually watch that so um. Let's see let's see so thank you for your effort for the live chat.

Every morning and teaching us new uh. Something new every day of course. So what's the target for tkq today. That's what i'm trying to see i mean uh yesterday.

We didn't have a horrible day. Especially after the market recovery um. It looks like we have a very common resistance. I know there's a very common resistance level right around 28 dollars so if we could hit 28.

What would that be around a four percent gain from where we're at right now a five percent gain yeah nearly a six percent gain. So uh that would put us at about 10 on the day uh here. It goes. Adding another 250 shares.

Let's see which way we end up going if we end up pulling on back. What i'm looking for is if we break below ema. I'm going to have to reduce my position size a little bit right so if it's breaking below ema that means for some apparent reason. It's losing its momentum.

It's beginning to no longer show signs of an uptrend and or it's turning to be a little bit more bearish than it is bullish so because of that you know it's in my best interest to manage my risk or mitigate my risk and the way that i do that is by reducing the dollar amount that i actually have invested all right one of the things that i did want to let you guys know as i know a lot of you guys have been waiting for this discount um. It's the biggest sale that we offer it's a hundred and fifty dollars off that you do not have to join if you are not ready for it. But if you've been waiting for our biggest. Discount this is a hundred and fifty dollars off our learn plan profit 20.

And it's all inclusive. It's a one time payment. I just posted the link uh. It's either the second link in the description uh.

The first link. I apologize you guys can refresh your screen. And it's the first link in the description of this video or i just actually pinned it in the live chat. So if you see the little live chat.

You should see my pinned post. It's a 150 off coupon. And it's going to be active for the next 24 hours. So just wanted to make sure that you are aware of that remember it's lifetime access.

It's a one time payment and you get access to all the updates and everything that's included. The atv course daily live trading private group chat and yes. The tech buds hq alrighty. Here it goes.

I mean there's no reason to not add more it's still indicating signs of an uptrend so i'll continue to add if anything i'm going to increase my position size in the way that i'm adding. I'm going to add an additional 500. Which is about 13 000. Um.

So 26 66. I want to see specific milestones that i'm working towards right um. Where's it 26. So we're around that same general.

Area so we have to be pretty careful here right around 2650. There's a previous resistance range. And this one was pretty um. You know and then around 27.

Obviously something that we we're gonna have to look out for so. Here it goes might be pulling back yep. 2650. So are we making higher highs.

Question to ask myself are we making higher highs here we go all right we are definitely not breaking our pattern. So that's good there it goes pulling back a bit let's see if we actually retrace back to the moving to the ema. So what about the ppi report. The ppi report was released yesterday.

So this was the ppi report. This was released yesterday. One hour before the market opens and we actually live streamed it on our channel. So i don't know if you happen to miss.

It but. Yeah it definitely was released yesterday so ppi. 11 came in at worse than. Expected i think expectation was set at 08.

But based off of an article. I read um. The the series of conditions or factors. That were said in that ppi report market.

Just did not react in that aggressive of a negative way. So that's why we saw ourselves kind of struggle in the beginning. Right or the market was selling off and then the market began to recover. Very similar to almost the cpi data.

But obviously a more drastic reaction right when that report came out so one of the things that i want to point out is i mean it's still not indicating signs of a recovery. But do you see how it is almost struggling to pull on back when tkq almost struggles to pull on back or not just tkk when any stuck almost struggles to pull on back and then it quickly recovers that tends to show strong signs of an overall uptrend and there it goes. It's actually beginning to pull back now so this is something that i'm going to have to watch pretty carefully so here it goes we're tracing back to that ema range. So now i'm going to have to see are we going to hold above the ema are we going to test.

It just like we did last time right something pulling back. Should never scare. You pullbacks are part of the game. Pullbacks are part of the process.

The idea is if it breaks below the ema and or if it begins to make lower lows and lower highs below. The ema. Then at that point yeah. It is beginning to show signs of a potential change of direction.

So until our as long as we're above ema again still still showing strong signs of it remaining bullish so yeah so today's uh retail release it was one hour before the market opened so the empire state manufacturing came out at. 111 expectation was negative 09. So we came out better than expected and then retail sales. That was kind of like the big report that we were all looking for came out.

One percent expectation at. 08. Better than expected 1 versus. 06.

Again better than expected. So again. These reports are coming in better than expected. So.

This is why we are seeing the markets so much in the green. I mean everything from tesla now trading at seven hundred dollars right just one or two days ago. It was trading at what was it um yeah 600 uh pretty much 700. But it did hit lows of sub 700 for a little bit right we have our amazon.

I remember amazon trading now yeah. 106 108. And then now it's trading at 113. So great to see it actually beginning to indicate signs of an uptrend so oh did we pull on back let's see there it goes beginning to show some signs of a support nope there goes getting rejected.

There it goes do you guys see that it's beginning to validate. It we got the green candle beginning to show signs of a support this is not confirmation. So please be aware. I mean we could still break below and even with confirmation right the idea of waiting for confirmation of a reversal.

Um or to establish a support is just to be a little bit more selective with your trade. So you don't waste it right how many times have you bought the dip on something and then you buy it and then it continues to dip. The idea is to filter out those simple mistakes your job is not to be perfect your job is just to get a little bit better each time. Oh and here it goes.

It's actually beginning to test dma. Oh. We're gonna have to transition. This.

Let's see let's give it a chance right so we don't wanna. I personally do not like to exit out of a trade right away i like to give it some wiggle room some cushion to see if it could actually hold and then you know if we indicate signs of a reversal. Then again that's when i can really begin to step on the gas meaning adding more to our posit to my position size a little bit more aggressive here. We go testing test and testing so looking at the inverse etf.

We'll pop this one up so this is ask qqq so this one goes up when the market goes down. But again we're paying attention to this one right now so again this one's showing up let's see which way we head. So this is why i always talk about and again this is one of my things. But um you know it doesn't matter if the market's bullish.

It doesn't matter if the market's bearish you always have a side to trade um. All you have to ask yourself are conditions favorable. If conditions are favorable in the sense that direction is clear momentum is clear under and um. What's it called momentum direction and consistency right if those things are present then it makes it easier.

It's still not easy. But it makes it easier for you to be able to understand when to exit when to enter all that good stuff right you just want to make conditions as favorable for you as a trader. One of the analogies that i like to give to or learn plan profit traders is the idea of imagine yourself as a strong swimmer. But imagine that you are one mile off of shore right if your goal is to make it back to shore how much easier would it be if the current is going with you right is it still possible for you not to make it to shore of course anything can happen.

But at least you're putting yourself in a condition. Where you know direction is in your favor. Now there's times. Where the current can be against you now imagine swimming against that is it impossible for you to get to shore.

No. But it's definitely going to be so much more risky and so much more challenging so again a simple question to always ask yourself before you take a trade is are conditions in your favor to make it easier on yourself to trade and especially. When you're just getting started one of the things that i always like to encourage. Beginner traders is you should be selective you should be very you know picky with what you choose to take advantage of right so ricky can you please let me know what your sell price.

I mean yeah. I might have a there's no target that i have of 28 sure. 28 is a previous resistance level for tkq doesn't matter it doesn't mean anything i mean. 26.

66. Can be the overall peak of the day. I i don't i trade when there's a break of pattern. I exit when there's a break of pattern.

So therefore if this thing begins to sell off and we begin to see you know changes of direction or an overall reversal. Then guess what i will reduce my position size on tkq and that's pretty much it for that so setting up a price target that i set up for myself. I mean sure. It's it's cool to have a goal.

So you have something in place of like this is what i'm working towards. But you need to understand that again i like to let the charts do the talking here it goes. Nice little gap up on ask qqq see if we actually hold above the moving average. It's a pretty big red candle that we just experienced.

So we did break below ema. We are still trading above the moving average. We have sq still trading below the moving average. The moving average the way that i use.

It is a little bit more of a better indicator to tell true direction. I don't know if you guess i've ever felt. But the ema sometimes you know can move around a lot quicker right especially. If your length is even shorter with moving average again.

It's a little better of an indicator. Because it moves a little bit slower so it takes time for it to identify if something's going up or something going down. So and as of right now. We're still trading above.

It uh moving average is still pointing up moving average on us qqq is still pointing down. But again this could always change. We could shoot up we can begin to make higher highs. And then the moving average will follow after a period of time.

So. Let's see what we have here all right have you tried trading future contracts. I do not i do not trade futures and i also don't trade options all right all right we have over 2 000. People here you guys always ask us to host a live trading and we only have 300 likes i'm offended can't believe it i thought you guys enjoy these sessions.

Now should we not host them anymore no more there he goes jumped up to 400. I think we could hit a thousand easy. But maybe that's just me that's just my hope be careful with this here we go. But no i really do appreciate you guys um smash that like button i like it i really do appreciate you guys joining me.

It's a friday it's an early morning i get it. But this is what we do this is what we do monday through friday. Some days are very exciting some days are slow. But again my job is to show up every single day.

So if you show up i'm here to assist you and that's a question that we get pretty often is like you know do you have access to our live trading sessions. If you join my learn plan profit group every day you have access to it if you don't tune in live you can watch. It later and you have access to all the previous live trading sessions that i've ever hosted so dating back since 2018. You can go back and watch any live trading session.

So if you have the time you know you can watch them. If you don't you don't have to tune on in it's just always there if you need it right if you want it so just want to make sure that we clear that up there we go 1 000. Likes i appreciate you guys i like it i like it yeah friday afternoon. Uh relaxing in spain love it you have to send me some photos of you chilling in spain maybe taking a couple of trades.

I'd love to post you on instagram that would be pretty dope let's make it 2000. Likes yeah. Let's let's do it just kidding. So apple is on a downtrend.

Yeah. So let's go ahead and check that out um apple as of right now. They should have pretty similar patterns. Yeah.

So nice little push up to highs of 150 right. 150. Now pulling on back. Oh huge gap up on sqq.

So what's going on here. So apple is beginning to drop let's see where tesla's at a pretty significant pullback. This one's following tkq a little bit closer. So.

My question is what is going on with applebee's. I feel like this one's a little bit more dramatic and they're all following a very similar pattern uh consumer sentiment is at 10 am yep. It should be in about nine minutes right because it's. 30 it's 10 am eastern time so i think that we should stay live beyond 30 minutes.

What do you guys think because we're about to hit our 30 minute mark. They go back it goes by pretty quick huh can you guys believe. It's almost already 30 minutes stay live alrighty here it goes we are testing ema here. Removing average.

I want to see where apple's at still making lower lows and lower highs. This is not a good sign because apple has a lot of influence to overall markets because of apple's market cap. It's obviously really big right and because it's dropping very aggressively if it continues to drop and if this is the reason that the rest of the market is dropping and of course. It can have even more of a negative influence to to those specific areas so somewhere there and there it goes.

It's dropping it looks like we're right about to test our support at the ema. Let's check this out three percent moving up very nice for sqq right. So you can see how they mirror. One.

Another all right here it goes test and ema tested moving average let's see if we actually get rejected here. That's hilarious all right test one more time to see if we actually begin to show signs of a support here right so it's beginning to try to show signs of a support. But one of the things that we are seeing right now are these lower highs and lower lows. So watch for the break below the um.

The moving average. So this is pretty much going to be uh in my opinion. A critical point. If we break below the moving average.

This is where we could see a change of direction and this is where a stock can go from being green on the day to potentially red. Where it gives back pretty much everything it gained right something that you always have to take into consideration and if we do break below the moving average then i'm gonna have to reduce my position size so that's just something that again you can look forward to if we actually end up breaking below. So i can get that order ready if we actually end up breaking below. So i have 1500 shares again one of the things that we always talk about is my job as a trader is not to be perfect my job is to try to make sense of our trades.

Obviously everything went very well during the pre market session. But as soon as the market opened. You know a couple minutes into it there's a change of direction. And this stuff happens right so.

I'm glad that we reduced position size a little bit. And there goes. We have a really big green candle. It is validating as of now it that's what it looks like we are validating the moving average as a potential resistance level for sqkq and a potential support level for tqq.

So i'm going long as of right now. So i'm long on t. Q. What time frame are you using as of right now.

I am using the one minute time frame. Another useful time frame for intraday patterns. Uh could be the five minute. So if you've ever looked at the five minute.

If you've never looked at the five minute. I'd encourage you to just cross reference. It and see if you see something on the five minute that you don't on the one minute. So we can sell off incoming all right well it looks like we got four minutes until that consumer report.

So we'll see if there's a quick change of direction ricky do you hold anything through the weekend. I don't hold any day trading shares. But i i have positions like i have 5500 shares in tkq that i will not sell it doesn't matter if the market is up it doesn't matter if the market is down those are shares that i bought in the 20 to 30 dollar range for tkq that i want to hold until it returns back to 70 80 90 a share. I'm comfortable with holding 5500 shares that is my smaller position size same thing with tesla.

I have about 180 shares of tesla that i'm comfortable with holding same thing with amazon same thing with apple. They're positions that regardless if the market is in the green or in the red. I bought at at a decent price point in my opinion and i do not need it to recover anytime soon. My intention with those are different.

But then i buy with day trading shares and i really just day trade tkq and very rarely ask qqq right with that being said. I will not be holding any of my day trading shares overnight. So the only shares that i hold overnight are my 5500 shares what moving average are you using so my moving average is set at a length of 200 friendly reminder. Just because i have my moving average length set at that does not mean that you need to it's just my preference.

So it's up to you on how you intend to you know trade. If you think that the 200 200 day moving average. Um is valid. Then great some people use 180 some people can use 250 right.

It's all dependent on what it is that you see the most valid. So this is this is going to be a pretty significant point. Because we have not been able to break above previous highs. And if we get rejected here then that's not a good sign for tkq.

But if we do hold up here and then we break above vma. This would be a really good sign for t cube and a bad sign for s. Qqq. Where we can break below ema and then drop right back down.

And this means. That tkq has the potential to recover no it's all it's all in the same account. I just hold the number of shares. So.

If you're part of my learn plan profit group um. If if you've been there for a while i mean i talk to them about it every single time 5500 shares are shares that i'm always just holding and then i will buy an additional five to ten thousand shares and those are the ones. I trade with and then i just sell five to ten thousand shares and i'm left with 5500 does this affect my average purchase price yes. It does but i don't care.

I understand what i got those at and that's what is you know of value to me that's what i care about i don't care about anything else so yeah. I use the weibull platform. So if you want the link for the weeble platform. Just feel free to send me a message via discord um.

And i'll send you the link. So i think the second link in the description of this video is um. Our free discord. So.

If you haven't even joined and if you have questions about getting started. I hope that you know that you're never going to bother me by asking me questions so if you have a question. The only way that i can assist you is if you ask me so feel free to message me via discord and again second link in the description of this video. If you don't see it refresh your screen.

And it's that second link down below all right what platform do you think is good in europe uh. We have a brokerage list uh. There goes a huge gap up there goes consumer data report is now out check this out. Let's see where we're at where are we at where are we at still hasn't there we go that's what i like to see i'm going to reduce position size again one of the things that i'm never afraid to do is lock in profits.

Um. All right sold a couple of shares here it goes gapping down and if it gaps right back down. Then guess. What i can do i can buy more shares um.

The decay wouldn't matter. Yeah. I think someone asked doesn't tkq decay over time. Tkq.

Just like most of the market is bullish. So i mean look at the past five years of tkq yes. I'm sure it does decay. I'm sure there is a discrepancy in there that it's not exact based off of the nasdaq growth right.

But if you go from three years ago. When you go where it was at all time highs. You'll see that i mean the growth is insane. And that's what's most important to me so it looks like we are testing that same resistance level again just because i sell doesn't mean that you need to and it looks like my camera just overheated.

So let me go ahead and recapture that i do apologize just give me five seconds. And i should be able to reinstall another one there it goes so it's unfortunate. But my good good camera overheats pretty often so still an issue that i need to figure out but there we go all right there. It goes we.

Got business inventories. 14. Percent beating expectation at. 12.

Percent university of michigan uh consumer sentiment is at. 511 and the expectation was at 494. The prior was 50. So we are seeing a nice steady increase.

Which of course is a step in the right direction. It's not amazing. It's nothing perfect. But again a step in the right direction.

And you can see that these are the ones that had a little bit more of an impact on the overall market including that retail sales report that was already released so it looks like most reports are already out. And guess what this is and again. I'm telling you this as someone that's in tkq. So there's no benefit.

This is one thing that you always see about myself is that my focus is always to look out for our beginner traders regardless. If it's in my benefit or not even with all of these reports coming out and and even though that they came out better than expected you could see that we are struggling to break above 26. 70 even with this huge push up we struggle to break above 2670. My job here is to remind you to be proactive.

Even with news. Even with these reports. We're struggling to break above that resistance level that means that it's a strong resistance level. So then therefore you need to make a decision.

If your intention was to day trade. T. Qqq. And you need to understand that that is a critical level as of right now where yes we might be able to break above.

But it's showing to be very strong so if you choose to reduce your position size near that resistance level. I would never see that to be a bad thing and again you selling at tqq would not be in my benefit because i'm still holding my shares. But i want to look out for the beginner trader. I want you to be aware of what's going on and why we continue to get rejected within the same range.

I don't want you to be like ah man. You see it actually got rejected there twice. I should have done a better job being aware of that and then selling now. It's the whole point of these live sessions.

It's for me to make you aware of things that might not be second nature for you because you're a little bit newer. But guess what by working on this every single day my my goal with that is i hope that you become a little bit more proactive with your ability to be able to identify these. Support and resistance levels. You know and be a little bit more um in tune with the market.

So of course. I just want to make sure that you guys are aware right. There's no benefit for me to be encouraging anyone to lock in profits on something that i'm still deciding to hold. But again my job is to look out for the beginner traders and i hope that you understand that right um.

I'm going to start by 500 here. Just buy a couple of shares. See if we looks like we're still getting rejected. Yeah all right and one of the things that you see is i think someone asked of like ricky.

Why why are you hiding your position. Obviously you're probably not part of my learn profit group one of the things that i talk about pretty often is uh. We we called it the blind trading challenge how many of you guys remember that do you guys remember the blind trading challenge let me let me ask you a question. How many times have you have you guys been trading and by being able to see how much you're up or how much you're down it influences your decision making oh.

My god i'm almost at a hundred dollars. I should i should wait a little bit. I shouldn't sell just yet and then guess what happens you go from green to red. You're like oh.

My god i should have just sold or hey. I'm in the red. My god i'm in the red. So much i don't know what to do right now.

Sometimes looking. At your p l. Blinds. You it overwhelms you i i can't speak for you.

But all i'm here to speak on is is my behalf and i know that i am more influenced by understanding how much i'm up or down. So because of that to help aid that i cover it i can peek at it any time. I want right. I can look oh.

How much am. I up. Oh yeah. 15.

000. Cool. I'm up 15 000. On the day dope.

But i don't want to be staring at that because if i make 16 000. Then all i have in my mind is i want to make more than 16 000. Or i made 16 000. You get what i mean again.

It's people continue to ask like what's the value of joining these live sessions. What's the value of joining. Learn plan profit let me ask you a question. Only you can answer.

It's what these live trading sessions would having access to me to something like this every single day. As you're just getting started be of value for you if you have a question to have someone to ask that's the value behind. Learn plan profit and to go above and beyond. We started our tech buds hq.

Which is exclusive to learn plan profit members we're doing things that most people are not why because my job is to try to provide the most value value that i possibly can if everything. It is that i still provide still is not a value enough. Then guess what i'm not here to convince you you're an adult. You make a decision on who you choose to work with and i i embrace that work with whoever you think you would work best with my job.

Here is just to provide the most value so that when someone is just getting started that i try to the best of my ability to help build that foundation that they can build off of that's the value behind. What i see of my job to be my job will never be to tell you where to buy my job will never be to tell you where to sell because i will not do that that's not what i'm here to do i'm here to assist you i'm here to hope to work with you to make you a problem solver right. We are presented challenges every single day in the stock market. That's all they are they're challenges your job is to overcome.

These challenges and to know which ones are worth. Overcoming simple so again. When thinking should i take advantage of this 150 off sale. Remember first link in the description and or it should be pinned 150 off in the live chat.

It's our biggest sell if you've been waiting for our biggest sale then that's what we offer 150 off it's lifetime access. It's all inclusive atc course daily live trading. Private group chat and access to the tech funds hq. If i update the course just like i did earlier this month.

You get access to all the updates. There's no yearly subscription. There's no monthly subscription. The same people that signed up back in 2018 have access to everything that we continue to add moving forward.

So again just want to make sure that that's super clear man just bought more shares journey motivational speech you cracked me up i'm trying to see if we if we're going to begin to pick back up sqq looks pretty strong here so again. I want to be careful. I want to be careful that just in case. It does push up and then it gets rejected again that i have enough shares or enough money to buy at these lower levels that i stay well balanced enough that's always something that i'm thinking of is yeah.

It would be nice to buy here to sell here. But what if it drops here right yeah. So i believe today is the google split uh you think that's what's going on with the big moves on stocks no it's a series of reports. I think the market's now kind of fed up with all these stock splits that these bigger companies are doing as soon as gme announced its stock split.

I think it lost its like validity of like of why companies do it as soon as you have a company like gme. Which is a worthless company do something that apple tesla amazon all these different you know multi billion or multi trillion dollar companies are doing it just ruins it for everyone else and i think that as soon as we see gmu do it we're going to see a bunch of other wannabe. You know stocks following the same footsteps so wanting to buy some stocks long term when can i get started. So.

That's probably the biggest focus. I mean because trading as of right now. Especially as market conditions are still a little bit more on the choppy side um investing is it's kind of like the positions that i talked about right. I bought for a long term position amazon.

I bought for a long term play tesla. I bought for a long term play meta. I bought some apple. The idea with those is i found them to be so cheap and such a good deal.

It's not that i'm buying them at the lowest price point. But if again my job is not to be perfect. But if i look at amazon. One of the most valuable companies can we all agree that you know amazon isn't going anywhere from where it's at right now if it just recovers to previous all time highs.

That's a 67 return imagine that imagine being able to make 67 return on one high quality stock. That is the market that we are in right now. So i think the worst thing that you can do is not prepare you don't need to trade with me every day. But there's a series of things that we are putting in place that is allowing traders and investors to prepare for when the market does recover that you're able to reap the benefit.

I think that's the worst thing that you can do that you know that there's an opportunity. But you do nothing to take advantage of it you just sit on your hands. So it's asking yourself the question is that opportunity and potentially being able to make that return something worth learning more about if it is yes and yes. If it's not then again.

I'm never here one of the things that i always say to my team is that when we come up with new ideas new videos and stuff like that we have a meeting every single monday and one of the things that i love to remind them is like my job on youtube. My job on social media. My job as a whole is never to convince someone that they need to learn how to trade i offer what i offer i do what i do and i do it with a smile because i enjoy it i enjoy the challenges that i'm presented every single day. But i understand that the stock market is challenging and i understand that it's not for everyone.

And if you feel that i need to convince you i already feel like at that point you're just set up to lose because if you don't want it yourself this market is challenging just like any other market just like starting a business. Just like anything you need to want it more than anything else to be able to overcome these challenges that you are going to encounter. And it is going to be tough. It's going to be difficult and you're going to get discouraged.

But again one thing that we see a lot of our new traders and existing traders always look forward to are mondays. Do you have that same reaction right now. Why do people not really look forward to mondays. Normally because they have to go back to work right that's it's a very common habit or trend in the united states.

Because people hate what they do i can say this very confidently. I would say about 90 percent of people within. Learn plan profit always look forward to mondays when it's a three day weekend. You know i i see and i see it in the live chat.

Where i see people in our chat room post. That pablo escobar meme of like just sitting in different locations. Wait you know bored waiting for the market to open imagine living a life. Where you look forward to working or you look forward to doing what it is that you do i think that's what it's about and if you do not have that excitement about the stock market then i would encourage you to reconsider before you jump in it should be something that you want to learn more about i think that would add a layer of or an edge to do better in this market.

Because you actually enjoy what you're doing i don't want you to focus on the money part you need to focus on what's important when you're just getting started. And that's learning how to trade and it takes time so ricky is shopify a good long term buy uh. It's super oversold. But it's also super bearish.

If i remember um correctly. It has been selling off for a very long time. And yeah. So one of the things that i like to remind our learn plan profit traders is do not play against direction.

Especially when something that is aggressively selling off like this beyond normal trading conditions. Where this thing is not indicating signs of an uptrend by any means it's still selling off ask yourself a simple question are you missing out by not being invested no you're probably saving money because if you were invested you'd be losing money so again put yourself in a position to succeed set alerts. There's nothing wrong with that and if it begins to trade above a specific level. Then great you can revisit it and maybe choose to trade it or invest in it.

But until then allow the sucker to bleed because the more it bleeds the more it sells off the cheaper price you can get it for your job is not to predict the bottom of something your job is just to prepare for its recovery. So you're able to take action create that plan set those alerts and follow up on a consistent basis. Do what most people don't do and that's the simple things all righty. We're at that 45 minute mark.

Let's see where we're at here looks like we're pretty much just trading sideways. That resistance is still very prominent. I wish that today was a little bit better in the sense that i wish that it was obviously a little bit more of a bullish day and or bearish right something a little bit more significant where we see more consistency. But again um.

Our job as traders is just to try to make sense of what the market gives us and every day is not a day worth trading. So i mean today is a good day because we did do a really good job during the pre market session. Gapping up the reports have been bullish. Which again is better than.

Expected but we have that very very strong resistance level at around the 2670 to around 27 dollars a share for tkq and it's just it is what it is one thing. I've learned is when i see something that strong of a resistance. It's probably best for me to reduce my position size pretty heavily up here. And maybe just get ready for even if it does break above i can always jump back in right uh.

But anytime. That there's a very strong resistance because the market's been selling off for you know nearly seven months. It's just take a hint right never be afraid to play it safe especially with the current market conditions. But uh looks like we're building a nice little bull flag nice ascending.

Support we're gonna be testing this resistance at 2650. All right so what platform do you think is good in europe. So i've heard interactive brokers is a useful platform in europe. I have friends in europe that use it so look into it.

I cannot speak from experience with that i don't live in europe. But i've heard good things about interactive brokers. I would be careful with using offshore brokerage accounts whether where the site looks a little sketchy or something like that i just again. If you're dealing with a lot of money if you're putting money into the market you like do your due diligence and again.

If you have questions about the platform that you're about to use message me via discord. I cannot assist you if you don't message me right i i don't know how to connect with you if you don't reach out. So second link down below is our free discord and that's if you're not part of learn plan profit you're part of the learn plan profit. We always prioritize you first uh so you can just feel free to message me via discord through our private lpp group chat.

So mahalo from hawaii. Ricky your instructions rock. I'm new to trading for about one month. But i can't wait to get up to at 3am and start my workday.

I like that it's it's rough right. It's rough. I can't even imagine uh doing that on a consistent basis. I mean i remember visiting hawaii.

And it was a challenge. So i i congratulate you and and being able to wake up um. You know that that early and that motivated so i love that happy to have you as a part of the team. I ibkr is good interactive brokers is good.

I like that okay look at that same resistance level do you guys see that same resistance. Range it's never perfect i mean we hit highs of. Around. 2666 here but it looks like.

The resistance at. 2650. 2670. Is still pretty prominent and we have that support here for ski cube.

So i'm just going to go back to the single screen. We're going to wrap things up here so there's no reason to over complicate it i'm going to set my alert. Here because if we do break above 2650. I'm just going to reduce my position size and pretty much sell all of my day trading shares.

I'm just over it my job is to be efficient with my time. And if i see that the market begins to trade sideways for too long and we're not making progress then again. If we're not making progress. My job is not to stay and stay invested in something if we're not doing anything especially.

If my intention is to day trade with those shares. So this is where you'll see me reduce position size very quickly and i'll just move on with my day. Even if it does end up going up two three hours from now again. I just need to make sure that my time in the market is efficient and effective anytime that you open a position you're opening yourself to risk.

So. If you don't close that position then again you're opening yourself to risk. It's not always just rainbows and butterflies when you're trading in the market especially with current market conditions. It's challenging and your job is to be selective with the opportunities you choose to take advantage of so is lpp a subscription or a one time fee.

It's a one time payment lifetime access there's no subscription. There's no yearly fee. It's one time payment lifetime access and again it's 150 off today. So it's either the first link in the description of this video you guys can refresh it if you don't see it or it's actually pinned in the live chat.

So i'm going to close out today's live stream. I really do appreciate i hope that you guys enjoyed it so 14k on the day. As you guys can see here. I'm going to reduce my position size pretty aggressively back down to 5500 shares.

And that's either going to be at a break of pattern and or if we break above 2650. Then that's when you should be able to see that change of direction. One of the last things that i do want to remind you is again. If you have any questions about joining my learn plan profit team even before you end up signing up feel free to message me via discord second link or feel free to message me via instagram thirdly friendly reminder.

I am now verified on instagram all the other instagram accounts are fake the only real instagram account is linked down below and now. It's verified so please understand that i have no other account. All the other ones are fake. I have no crypto fund.

No forex fun. I don't use whatsapp please understand that the last thing that i want to remind you is our tech buds staycation fourth link down below is shoptechbudscom. We're doing an all expenses paid. We're going to be selecting three winners flying three people out to the phoenix sky harbor airport.

I'm going to be picking you guys up setting you guys up at one of our airbnb's right next to the attack buds hq and then for the three days. You're going to be hanging out with me. And the team and the different activities that we have planned this three day staycation is going to be from august 23rd to august 25th. The giveaway ends on august 7th.

So we give you about two and a half weeks in advance that if you have to let your work know or whatever. The case might be you know you have time to do. So if you want to. Enter it's super easy shop techbudscom.

If you've already been waiting to buy something if it's wall art. If it's mouse pads. We just did a full restock. If it's the day trader art it could be flags.

It could be accessories. It could be apparel for every one dollar you spend you get entered five times automatically. So if you buy a mouse. Pad you get entered 150.

Times right you guys understand shop techbudscom. Please don't over complicate it don't buy something you don't actually want i'm not here to encourage you to buy something that you don't even want if you wanted a new mousepad. If you wanted new wall art. If you wanted new.

Apparel that said something trading. Related then again we have it at shoptechbudscom. You automatically get entered towards the giveaway and the giveaway winner will be announced the day after it ends. Which is august 7th.

So i appreciate your guys time again that's that fourth link down below. If you guys have any questions about that you guys know how to message me. And i would really love to host another one of these free live training sessions. It looks like we got to 1400 likes i guess if we get over 2 000.

Likes then maybe we can talk about you know hosting another one pretty soon so i really do appreciate you guys time if you're part of learn plan profit. I'll see you guys in the main chat room uh. Wish you guys an amazing weekend. Stay safe stay.

Blessed like always let's make sure that we.