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The Federal Reserve conducts the nation’s monetary policy to promote maximum employment, stable prices, and moderate long-term interest rates in the U.S. economy; promotes the stability of the financial system and seeks to minimize and contain systemic risks through active monitoring and engagement in the U.S. and abroad; promotes the safety and soundness of individual financial institutions and monitors their impact on the financial system as a whole; fosters payment and settlement system safety and efficiency through services to the banking industry and the U.S. government that facilitate U.S.-dollar transactions and payments; and promotes consumer protection and community development through consumer-focused supervision and examination, research and analysis of emerging consumer issues and trends, community economic development activities, and the administration of consumer laws and regulations.
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Hey, what's going on guys, it's Ricky with Learn Plan profit. Hope that you guys are all having a good start to your morning. Uh, today is June 2nd and Welcome to our free live session. So I'm going to start sharing my screen so you guys can see exactly what it is that I'm looking at sure that I get this thing lined up there we go.
What's up? What's up? Good morning, Good morning? I'm gonna give it a couple of minutes. Uh, for everyone to start tuning on? Uh, tuning on In live. Uh, during today's free live session I am going to be giving away a thousand dollars? That's going to be um, you know, a random whether that we randomly select? Uh, but I Wanted to talk about the economic reports that were released during the pre-market session. Uh, we talked about this yesterday.
Uh, how it can, uh, you know, affect the overall? Market Um, and it's quite interesting because they almost contradict one another. What's up? What's up guys? Uh, what's going on? Uh yeah. Wayne Here we got Horizon index what's going on Chris What's going on Jeff Hope that you're all doing well today. All right.
So let's go ahead and update these alerts we got: QQQ We got NASDAQ opening in two seconds. There it goes. Market's about to open. Let's see which way we go.
Looks like that was a broken candle. It's looking bullish. See if we hold above that moving average holding above that EMA Again, for those that are unaware, the Senate did pass the U.S debt ceiling deal so everything has gone through 350 410. When looking at this on the four hour time frame, we should be getting very, very close to 52-week highs.
There it goes. We just made 52-week highs during normal Market hours. we're up 0.6 percent. Is this going to be a bull trap? Or is this just an early start to the rally for the day? That's the question that I'm asking myself Here it goes.
Huge green candle. Huge green candle. Perfect. So there it goes.
36.87 Still trying to indicate science without tread. We are on our way on our own way. Yeah, so well. one of the things that I like to do Uh, right when the Market opens is, um, I Often find myself, you know, feeling pretty impulsive and taking a position.
But as we've seen it many times, Market Direction can change shortly after the Market opens. Um, we We've seen it many times where the market might be selling off pre-market but then all of a sudden it begins to do really well during normal trading hours. this happens very often and sometimes it's just a hit or miss. So therefore, by giving you know the market a little bit more time to identify its direction for the day, uh, can help you, you know, avoid those just I Guess false reversals right? I Think that's a good way to put it.
So uh, 36.91 Still indicating signs of an uptrend. It's up 2.5 on the day after a three percent day yesterday. So we are looking extremely overbought but extremely bullish right now. for Tqq, foreign a share.
still looking extremely bullish, not stopping at all. I'm looking at the five minute time frame we got a nice little. Buy Signal There are noble trading hours I Want to see if we're going to show very similar patterns like we did yesterday where it was extremely bullish, but we're just gapping up a little bit too quick and I feel like this is going to be like a pump. fake, right? it? We pump up. We correct ourselves and it's going to fake a lot of people out, which is what I'm looking for as of right now. I Don't remember it being like this yesterday where it gapped up right away. I Know that about one hour and seven minutes after the market opened yesterday. That's when we saw that breakout.
There it goes. 37 a share for Tkq for QQQ we are at three, five, Five Thirty two. All right, that's not stopping. What do you guys think? Go with the flow.
Go with the flow. On Tkq, we're up nearly three percent. Two Point eight, three percent. A little overbought for my taste.
All right. Chris Just sold locking in profits I Like that I don't know it's so robot. Yep, right? the wave. wait.
Nope, Yeah, uh. definitely overbought, but it's looking really, really bullish. I'm just gonna give it a little bit more time. Remember, it's just four minutes into the market open right now, so there's no reason to over complicate it.
There it goes. 3708, 3709, 37 12. video. All right, and it looks like we have a handful of you guys tuning on into our free live session.
So again, if it's not too much to ask I Really appreciate you guys taking time uh, to join us this. Friday Um, and if you guys could consider dropping a thumbs up. And of course, if you want to partake in the live chat, uh, you do have to be subscribed to the YouTube channel to be able to partake in that live chat. So just a little heads up if you're trying to type out a message, but it's not allowing you to just make sure you subscribe to the channel.
Drop a thumbs up and then you should be able to. So really happy to have you guys here! I Hope that you guys enjoy your time with us and then towards the end of this live session, we're going to be giving away those one thousand dollars. Okay, yeah, where the reports did today? No, that's the part that is quite surprising. So the one report that is good, right? I Mean it's it's good Through The Eyes of the Um Federal Reserve In the sense, right, we we don't want the Federal Reserve to continue to or the market doesn't want the Federal Reserve to continue to raise interest rates.
So it needed to support the case that there was an economic slowdown. So the unemployment rate, right? Unemployment rate that was released one hour before the Market opens. The expectation was 3.5 Our prior was 3.4 We came in at 3.7 So unemployment actually came in a little bit higher than expected. That's that supports an economic slowdown.
But look at this: non-farm payrolls and non-farm private payrolls. The expectation was 190 000. it came in at 339 000. And then we have this 283 000 versus the expectation of 177 000. that is not supporting the case if there's an economic slowdown, right? Uh, and that's and that's the part. That kind of just um I know that it might be because of that unemployment rate. There might be a little bit more weight on this unemployment rate than there are on the non-farm payrolls, but this is really bad. This is not like it's just like a little Miss right? It's not like, oh, the expectation was 190, we got 195 or we got 200 000, right? It's nearly double, right? And and that's the part that's pretty wild.
How can unemployment be up and more jobs be added? Beautiful question? Uh, too early for the reversal. Yeah. I would like this thing if I'm gonna enter Tkq. Um I would like this thing to pull on back I Would like it a little bit closer to that moving average I Didn't expect it to pop off like this, right? Um, and remember at your job as a Trader is, uh, you're It's also your ability.
Like you, you don't have to jump into something that you're uncomfortable with. So even if you choose not to trade today at all, right? Like let's say that that were to be the case. If you're just like no, I'm just gonna not trade today, that's definitely an option that you have to choose from, right? Don't put yourself in a position in which you cannot tolerate or you don't think that you're ready for so. Apple at all time highs Apple at all-time highs was at 181.
Oh, it did hit it. Is it 3 trillion? No. Why is the market cap done at 3 trillion? Yeah, I know. but we definitely hit it 2.84 All right, an apple with a big drop.
So if this is going to be a forecast for anything today, I Like it right, Apple with a big drop, let's see if NASDAQ follows NASDAQ is not following. Let's go down the list. Tesla is looking really impressive. Look at that.
Tesla on that one minute candle. Huge push to 213. And those people say that the market is not over hyped up right now, look at that. Nvidia Dropping Like a Rock right now Google Still trying to make new highs Microsoft Looking extremely bullish, meta trying to hold its ground at 275.
Amazon Looking pretty bullish And here goes Apple Testing our previous support range so Market is literally all over the place as of right now so we'll have to wait and see. Um NASDAQ is soaring. It was. It was right.
NASDAQ has been making higher highs, higher lows markets doing really well today, especially following the the news of the U.S Debt ceiling deal. Um, more money to be printed right? I Think that's the part that um, the average person doesn't really understand. It's like, yeah, just raise the limit, right? Just raise the U.S I mean obviously we have to if we're running out of money, but it just makes our money less valuable, right? Let's just print another two to four trillion dollars every year, right? easy, easy. What? What's the worst that could happen? Inflation goes up again. Maybe. but it's okay. it wasn't that bad the first time. Yeah, it's not good for inflation.
that's that's for sure. Here it goes. Going to re-test that previous resistance range looks like NASDAQ does not want to pull on back foreign GTR Or the 50k is going to be worth a little less. That is true.
I guess I Guess all of our money is just going to be worth a little bit less, right? Look at that new highs. There we go. Ricky Hit legs this week of course I actually hit it yesterday so we did good I'm feeling it today, all right guys. I Mean we are not getting I'm just going to go in with a thousand dollars so I'm not going to over complicate it.
Um, do Not copy, right? That's one of the things that I always like to remind our Traders is these live sessions are not for you to copy, but it's just to understand my thought process behind the trade. Uh, TQ is not pulling back. It's not showing signs of a pullback, right? it's it's showing signs of higher highs and higher lows. and it's showing signs of it being very, very bullish.
So because of that, I'm just choosing to not over complicated. and if it's anything like it was yesterday, which it doesn't have to be right, that's that's a risk that I'm running right now. but that's why I only went in with a thousand shares. It's relatively a very light position for me, right? but even ad overbought levels yesterday, right? We did a very good job holding above the EMA and making higher highs and higher lows and it continued to Rally without showing any signs of a pullback until the last 30 minutes of the market close right? I Want to see if today's going to be the same or to the rally already happen is it's the peak But that's fine, right? I'm only in with those 1 000 shares.
So if I see there to be a break of pattern I can manage my risk, hold myself account able, and close out that position. But the idea is again, just sharing my thought process with you. I can try to go short right now, right? meaning I can go into either shorting Tqq on the way down or going into ask You but this thing's looking extremely bullish, right? So if there's no confirmation that this thing is actually going to pull on back, why jump the gun right? We talk about this concept with an Lpp all the time. Our job is not to predict the future.
our job is to react right to prepare for it. So uh, Ricky thoughts on a swing trade on: Ask you again. Our job is not to predict the future. Our job is to react so it's too early.
Market's extremely bullish. It's literally at 52-week highs. Yes, Sure, we could potentially pull on back or we could potentially continue to Rally right? There is no signs of a pullback and all it's been doing has been, you know, making higher highs and how it was. So what do you think is more likely to happen based off of its you know track record right now Ricky Get ready to sell those TQ shares at a loss I'm ready I Think it's only a thousand shares, right? It's okay, don't don't worry Robert it's my position right? Uh, what happened to the G35 Francisco We announced the giveaway winner today. So I'm gonna be going live and if you entered our Memorial Day Giveaway week like Memorial giveaway? Uh, I'm just gonna go live on Instagram today and we're gonna randomly select a winner and you can either choose the G35 or a thousand dollars. cash. Makes sense There it goes. Big red candle.
Let's see if we get that break of pattern who won the PS5 All right Courtney I See that you're in the VIP Club Yep, so we're gonna be going live and announcing that giveaway winner as well. So, but both winners will be selected today. Let's see if we get that break of pattern. I Want to see some lower lows and lower highs? Beautiful! Now it's not GTR or 1K.
it's the G35 which is a little Infinity That was just the four day weekend giveaway. You guys are getting the cars confused. The GTR is still 50k cash over the GTR so we'll talk about that later though. So we have to see if we get a break of pattern here.
Let's see if we get that cell signal for T QQQ There we go. Test and potential support here. Cop this SQ bump. Finally! I Like that the video is so depressing how the video gapped up 30 in one week.
There's Nothing Depressing about Nvidia Nvidia should be crashing. The video will correct itself, no question about it. and that I mean again, it's just my opinion. but there is no no concern in my mind that Nvidia will be a stock that ends up correcting itself pretty dramatically.
and because the rest of the market gapped up with it. I Mean the claims of the statements that they made of the forecast for the next five to ten years is absolutely insane. They're nowhere close to it. They're nowhere close to this valuation.
It's great that they have a focus on AI but just like anything right? Just like all these. EV Vehicles No one thought that they were overvalued when Rivion and Nikola and all of those different companies were. you know? Um, there it goes. Big big pullback.
Keep going. Keep going. say so it's in support. Let's look at the five minute time frame.
Remember, one of the reasons that I only went in with a thousand shares is a way to be able to manage your risk is to manage your position size. If you're not part of Lpp, it might not make sense to you. but just imagine you being able to trade with. you know, let's say a thousand shares.
and on your first position, you choose to go in with 50 shares. Well, why would you only go in with 50? Well, because you're still unsure, right? But you just got some skin in the game. So right now again, I just added another 1000 shares. It's beginning to show signs of a support, so add another 1 000, right? I Can continue to add more. Uh, once things look more favorable for me now, it's pulled back enough. it's at an oversold level, and then I can add 5 000 shares and 10 000 shares very quickly If Direction shows to be in my favor, right? Um, just because I'm doing it, doesn't mean that you need to agree. I'm just explaining to you my thought process behind it. Okay, here we go.
Still testing Support. Oh, let's be careful here. watch for potential break of pattern at this point I'm not going to want to add too much more, right? I'm in with 3 000 shares as of right now. So again, this is where we're uh, testing to see if we show signs of consolidation if we end up actually breaking below this.
Then again, at that point, I can either reduce my position size or choose to sell it all completely. Whatever is more favorable for me, right? Uh, one thousand dollar giveaway today? That is correct. I Do want to remind you, uh, while, while you guys, uh, while we're not doing it right now, we're going to do it later throughout the live stream. Um, I Do want to remind you that you do have to be a part of Lpp? uh to partake in the 1 000 giveaway.
So the second link in the description down below is our 175 off discount. It also gets you 20 000 entries for the GTR giveaway. you don't have to sign up I'm just making you aware that we do verify if you are part of Lpp. Uh, all of our previous four winners have been part of Lpp.
They all got a thousand dollars venmode to them. Um, so if you want to partake in it great, you can sign up right now. If not, don't worry about it right? But I just want to make sure that you are aware. Okay, so second link in the description down below Uh is 175 off.
It's a one-time payment lifetime access. You get entered for the GTR giveaway that ends in two days, right? GTR Giveaway ends in two days, two days, 17 hours, and 18 minutes. Or 50k cash, right? right? And you also get entered for a one thousand dollar giveaway today. So we'll probably do the one thousand dollar giveaway uh in the next, uh, 10 minutes.
And here it goes: I'm gonna reduce my position size testing testing 36.40 What do you do if you're already an LPB member and you want to participate? Uh, once I announce it to type in your name, you just type in your first and last name, the same name that you use when you sign up for Lpp. It's for existing Lpp members or new Lpp members. You just have to partake in the live chat. Don't do it right now.
We're not doing it right now. So once I Say so I'm going to ask you to type in your first name and last name and you just have to keep typing it. I'm going to screenshot as it's all going through and then we'll randomly select someone. Okay, here it goes.
Testing Support: I like that 1.2 percent so far I'm gonna wait a little bit more on that reversal. There's no reason that I need to rush into it right five minute time frame. We are below that. EMA So I'm going to be testing to see if we get that break above. so stay light staying tight. Rubber guys like you guys might be seeing my position size or you guys might be seeing how much I'm up or down and it might make you react. I Mean we all trade with different dollar amounts. We all tolerate different green days and red days.
Uh, based off of our experience, right? My job's not to avoid risk. Every trade I ever take. Every trade you ever take always comes at a cost, right? always comes at some form of risk. Your job is not.
To avoid that cost, your job is to manage it right. An opportunity comes at the expense of the risk. So therefore again, if every time you try to seek opportunity based off of whatever dollar amount you trade with and let's say it's like 500, if you trade with like ten thousand dollars, you want to make 500 or whatever the case might be, Well, what does your percentage growth have to be and what are you willing to risk, right? What is that trade and opportunity gonna cost you to seek Right there it goes. Coming back down.
No reason to add to it just yet. We're still testing that. EMA We're not seeing higher highs on Tqq and of course, you know at these oversold levels. if this was a perfect world, I would add with every penny in my account at oversold levels thinking that it has to recover.
But how many times have you guys made the mistake of buying thinking that this was the bottom and then it continues to sell off. So when asking the question, why am I not buying more right now if it's cheap, it's because the cheap can get cheaper, right? And we've experienced that ourselves. which is why again, our job is not to be a perfect Trader Our job is just to learn from those mistakes and try to not put yourself in. It's not that you're not going to make that mistake again, right? We're human, right? There's human error all the time.
But the idea is is that you learn from it enough that you try to the best of your ability to now put yourself in that same position. Here it goes testing. So TQ is not cheap right now again. I'm not looking at Tqpq based off of overall valuation, right? I'm not looking at it based off of oh you know, I'm I'm looking at it as an intraday play, right? So it's a much different approach a lot.
I'd be loving the psychology, the market psychology, reminders. of course that's what these live sessions are mainly about, right? It kind of points out not all the good necessarily that you can do, but it's pointing out all of the bad to avoid, right? I Feel like that's a big part of trading that sometimes we Overlook we just think about what could I do that's good. What could I do that's good? Well, could you also do that's good that avoids the bad? There it goes. Coming back down, let's see if we get stopped out here I could put the stop I'll put it at 2 000 shares just to make sure I keep it back at those 1000 shares if we break below. but to move up my stop, give it some wiggle room ride so that's gonna be 36.33 Um, and that's fine again. I could always re-enter so I don't have to over complicate it. So I'm going to set my stop there. Which means that if it breaks, if it touches 33, 36, 33 or below, it's going to sell my position.
So um, yeah, just so you guys are aware, again, that's where I'm choosing to put my stop. Do Not Copy Me I Can't remind you guys enough. Just because I take a position does not mean that you need to. Okay, okay, all right and just in case I mean do you need to always have a stop loss Or do I always need to have a stop loss? No.
But as you can see, Market volatility is pretty active right now, right? So if there were to be something that were to be released and there's just a bunch of selling pressure, it's not like my position size is super big. Right now, it's still relatively pretty light and here it goes. testing and there it goes. Got filled right off the bat, right? So big big red candle? Here it goes.
Still selling off. Still selling off. Let it sell off. Let it continue to drop.
Remember, by you taking a a bad trade, you guys might be looking at this and be like oh my. God Ricky You're down a thousand dollars Like this is the end of the day. This is the end of the world. You can ask any of our Lpp Traders A thousand dollars I mean I can take a five to ten thousand shared position size on Tiki key.
When direction is favorable, it could go up 10 cents and I'll make it back right? This is why I choose to keep my position size lighter in the beginning because Market Direction can change. and normally at the beginning of a trade is where things are still kind of uncertain, right? So think about it. It's all. it's all perspective in that in that sense, let it sell off.
Let it sell off. Sheep can get cheaper I'm liking it. but again, by being able to manage my risk here I don't take on an additional 20 cents. There it goes.
I Just saved 20 cents per share on 2 000 shares which again, three thousand shares is still not a very large position size for me, but my job is still to manage and mitigate my risk, right? So I'm going to go in with 1000 here. All right, a 1K loss is about one percent. Um, it's actually less than one percent. And and I'm not saying I mean there's there's people that are part of our Trading Group that trade with even much more than I do right? I'm not saying this because I'm like oh, I trade with a bunch of money.
It's like first off, it's common sense when you're just getting started, you shouldn't trade with a lot of money like that just does it to make sense. That would be very naive for me to encourage other beginner traders to be like hey, you know how much money do you have saved. Oh yeah, you should learn how to trade with doing that with with all of that that just doesn't make sense right? Um, obviously as you gain experience um and and you get better as time goes on then you can make that you know decision of like do I want to trade with more money but please do not have an ego when it comes down to this market right as a beginner. take pride in trading with a little bit of money and I say this in a very encouraging way. I'm trying to right take pride because you are looking out for your future self. You are looking out for yourself because you do not want to obviously just blow money as you're learning how to do something. When you're learning how to do something, you're going to make mistakes, right? It's like learning how to drive a car. Imagine learning how to drive in a Ferrari right? Like that's your first car.
Think about all the mistakes that you made when you first started learning how to drive, right? I'm guessing most of you know how to drive. That's going to be a very expensive learning experience, but that's because you put yourself in that position. Do you get what I mean I I Use a lot of analogies within our LBP uh, live sessions and sometimes they're really bad analogies. kind of like the one I just gave, but they make sense, right? They do make sense.
So when you are kind of like scared to say oh, Ricky I'm only trading with 500 or you know, but but I have more money dude I Don't care how much money you have I I Do not care I Don't care if you're worth a million 10 million if you're learning how to do something, it is wise to trade with a little bit of money to trade with as little as possible. That's all right, there's no reason to over complicate it. Here it goes: we have S QQQ going into the green, we have t Kiki Q possibly going into the red. It's actually quite impressive.
Here it goes. testing that five minute and will I have to transition into going short and if that's the case then that you know will make it happen. So biggest mistake that I made was putting my whole account into garbage stocks that were dropping dramatically expecting a reversal. Yep, and you you learn as time goes on right? What's going on Adam Adam we were just talking about it.
No. I I hit it yesterday so today is going to be I'm gonna be like buys and tries So yeah, Adam is part of our LPB team and he always keeps me in check when it comes down to my workouts. So I'm trading with a 40 account I Like that, right? You want to trade with enough money to take it seriously, but not so much that you become an emotional bus I Think that's the best way to put it right? I wish when I first got started I I would I would trade with you know, as close to like a hundred dollars as possible instead of trying to trade with a thousand or twenty five hundred. Do you get what I mean? All right, let's see if we can get a nice little upswing, even if I can get up to that. EMA Oh, All right, 2500. This is where I'm gonna have to be very careful now that I'm adding a little bit more to it. Do the drawing for the 1K I will later I'm trading right now. It's the whole point of these sessions.
How rude. 2500 directions in my favor. Testing our first resistance at 36.28 Well, any dirty dog Um, 3.7 unemployment is BS it's got to be lower. That's what they reported I can't cook the books? Yeah, you guys want me to give away a thousand dollars right now.
Yet this video only has 500 likes Guys, come on, we have over 2 000 of you guys here. You guys can't even share. Uh, show some love offended. All right.
Do you guys see the slight sign of a resistance here? So we might be getting a resistance here and I have to be very careful because I added more to it. So if that's going to be the case, I'm just going to sell the five. If we're right below this, let's see testing 36 17. see if we break below I Want to give it the benefit of the doubt, but I Also don't want to just hold the position knowing that it could form lower highs and lower lows, right? That's the idea that I would like to avoid I don't mind giving it some wiggle room to move around I Have to.
That's the whole point, right? If you can't tolerate that movement, then you shouldn't have that position open. Uh, but yeah, there it goes. Come on Buddy can do better than this. Yeah, five minute, everything is looking fine.
Come on, you got room to go. I'm gonna do my last 2500 I'm not going to add more than this to it. It's going to be right around 36 30. Uh, 36 32.
My goal is to work towards the 36 49. Could it break above that? Of course. Could it come all the way back up to 37.19 Yes. Is that likely? No.
Um, but Market has been bullish, right? So could it make it happen? Of course. But my main focus right now is just chipping away at that little loss that I was taking. Right and there it goes from I don't know how much I was down 1500 or whatever the case might be and we're about to kiss the green. Here it goes.
There it goes: getting rejected. 36.40 Do you guys see this old support range? Old support range here? Do you see this? It pulled on back was consolidating above 36.40 and now it's acting as a resistance. Old support levels become new resistance levels. It's literally a textbook setup.
It's unfortunate, but it's what it looks like right now and here it goes going red, giving it some wiggle room. but I don't want to give it too much. So if I could give it the benefit of the doubt. So this just means that I have to be more careful at these levels as we get a little bit closer to the 36 40.
here it goes. Watch for the break below. There it goes. Testing: 36 29 36 28 36 31 36 29 27 27 26 Those are lower lows. Let's see if we get a green candle here. Get me a little bit closer. So I mean yeah, we're just overbought, right? Yeah. 30 minute time frame at potential support here.
Still looking like we're getting those lower highs and lower lows. So I gotta be careful here. Right there he goes. Big red candle, Big red candle 3620 Huge red candle and careful.
3615 36 15 14 17. this is an overreaction that was a really strong red candle. Can we gain it back there? It goes. fake out love to see it.
Let's break above that. 36 30. Laughs Nice green candle. Beautiful.
Okay, there we go. Strong green candle Bulls are trying to come back 36 33 36 34 34 35 33 4 Let's get that second. Wick let's touch that EMA 1 36. it's 36 36 36 37 37 39 There it goes.
Nice push I'm just going to reduce the position size. There it goes reducing and again I can always go in for that re-entry. Took profits at 36.40 Yep, like that I reduced my position size I Sold six thousand shares so reduced it enough that we can tolerate a little bit more of a pullback right oversold levels right now and now I can give it a little bit more time right on the five minute. We're above that moving average.
There's no break of pattern there. so when asking the question Ricky why wouldn't you sell all of it well I mean we still have the potential upside opportunity, right? You know I did benefit a little bit from this small little you know Gap up. but if we break Above This EMA that's where the big money is, that's a two percent. Um, I don't know about you but if I have I don't I don't have to be super heavily invested.
but having a very light position like this, right? If I have you know the position that I do I don't have to add more to it I don't have to over complicate it I could add more to it. Definitely right. If we get confirmation and Direction ends up being in my favor I'll step on the gas I don't care, right? Um, but as of right now I don't have that confirmation I don't have that luxury I haven't earned the chance right? or the opportunity to add more to it I could add more to it right now blindly to be like no, it's gonna do it. it's gonna do it Can I get a show of hands in the live chat How many times have you premeditated an early entry, right? You're like no, this thing has to Skyrocket I'm gonna buy with every penny in my account right now.
How many times have you done that and what normally happens? We get burned right? We get burned. It happens to all of us. That's the whole point of these live sessions, right is to point out not just what good we can do. Of course, locking in profits is good.
Of course waiting for confirmation is good, But it's also important to talk about the bad because if I talk about my bads and all of the mistakes I've made I hope that the cup you know the few of you that are watching don't have to take and make that same mistake that you don't have to take that same loss that that would be my goal I Don't I Don't want you guys to copy. You guys should never want to copy any of my trades. You should never want to copy anyone. Think about it when you're in high school or college. I guess College might be different. but think about it. like when did you ever actually learn anything from copying? You don't? You could get a passing grade, but if your goal is to actually understand how to do this on your own, you will never get there by copying me. You will never get there by copying anyone, right? So so why do it if you actually want to do this, then why try to take the short end of the stick? Doesn't make sense, right? And the way that I view my job is out of all the mistakes that I've made and all the mistakes that I see beginners make is to remind you because often all we ever focus on is how much more we can make.
But a huge part of trading is being able to manage and keep the money that you've made right. Control how much money you give back. That's the beauty behind Trading All right, Still getting rejected by that moving average. Still getting rejected by that.
EMA Um, but I'm happy that we're able to show a trade where things were looking like they were going south and they were. No question about it. Uh, we're in the very early stages of a potential reversal and I'll make sure that as the day goes on, if we break above the moving average and I add more to it and let's say that I close out this live session. Uh I Just keep my Learn Plan Profit team up to date with our group chat.
Um, and it's under the Trade Ideas section so the trade ideas for those that are not aware. Um, it's the part in our Learn Plan Profit Discord Chat It's where only I can post and it's just updates. So throughout the day I'm posting updates on what I'm paying attention to. They're not call outs, They're not buy signals I will never tell you where to buy or sell.
Never never never. So if your goal is to sign up for learn, plan profit today just to copy me or just to be told what to do I can reassure you don't join. it's not going to be for you I will never never tell you what what to do, where to buy or anything like that. That's not the focus for us, right? Focus is to get you to a point where you understand what it is that you're doing and to remind you that it takes time to get there.
Okay, so I'm going to be posting updates in our trade ideas section for Lpp after this live session. I Do want to remind you again. We're about to do the One thousand dollar giveaway. If you want to partake in that giveaway, you do have to be part of Lpp.
It's the second link in the description down below. It's a one-time payment lifetime access. And yes, you do get 20 000 automatic entries for the GTR giveaway. So this is our best and final. It's not going to get better than this. So if you wanted to join the if you wanted to join my live sessions already, you get access to everything. You get 20 000 entries and it's the biggest sell that we offer. It's not going to get better than this.
175 off and it's the second link in the description down below. So as you guys can see in the live chat, things are looking crazy right? This is how we do it. Type in your first name, type in your last name. Remember only the winners that are part of Lpp.
Uh, only people that are part of LBP can win and all you have to do is type in your first and last name, right first and last name. the same one that you use to sign up for Lpp. Do Not use a username if I screenshot it and you just have an emoji or a username. No, it's your first and last name.
Don't over complicate it. Let's go ahead and do it so again, make sure I'm gonna give it I'm going to give it one minute so we only have we have 2500 of you guys here. we have 1 100 likes. Make sure if you are typing in the live chat that you're subscribed to the channel and that you're dropping a thumbs up.
If you can't type in the live chat, it's because you're not subscribed to the channel. So just a heads up friendly reminder. Okay, all right, let's do it In 30 seconds, 30 seconds. We're going to be selecting the winner for the 1 000 giveaway.
All right. So as you can see a lot of consolidation here, no confirmation of this reversal, we're not breaking above the moving average. it's showing more signs of a potential resistance. Which means that we could sell off, right? And this is why I reduced my position.
If we break above this, I'll add more to it and then I can choose to go from there. Here it goes: we're going to do it in 10 seconds. I'm going to select the winner for the one thousand dollar giveaway. So 10 seconds you guys ready? All right, let's go ahead and do it.
So first off, thank you to everyone that joined us for this free live! I Really hope that you guys have enjoyed the previous, this one and four others. So I've given away after today a total of five thousand dollars I Really like hosting these sessions. It's a fun way for me to be able to, you know, engage with you guys uh, but also to be able to fund a thousand dollars to one of our LBP members accounts, right? So um, always like seeing that. It seems like a lot of you guys get very excited I Hope that you guys appreciate it and if you guys ever have any ideas on how we can provide a better experience for you I've always want direct message away.
All right, let's do it. So I'm gonna do it in the middle right the middle of this body. all you have to do again. I'm gonna go from top to bottom.
so whatever the first name is, that's the for the person who wins And as long as they're if they're not part of Lpp, then I'll go down the list right. I'm gonna do a countdown. ready. Ten, nine, eight, seven, Six five, four, Three Two one Boom. here it goes and we have: Eric Ramirez So Eric Ramirez As long as you're part of Lpp, you are our one thousand dollar giveaway winner. So as long we are going to confirm that you're part of Lpp, uh, send me a direct message. Eric We're gonna confirm uh with the email that used to sign up and by the time, um, we just have to ensure that you are that you are part of it. So um, other than that, again, make sure that you guys congratulate.
Eric Uh, we're gonna host more of these and look at that the first. Buy Signal for the super trend first Buy Signal Let's see if we break above so please do not be salty because Eric won right? You guys all have the same chance. same opportunity it's selected at random. We're going to be giving away another one thousand dollars, uh, possibly or the G35 uh which is the Infiniti G35 later today on Instagram If you guys don't follow me on Instagram it's the third link in the description of this video.
If you don't see it, if you don't see any links below, refresh your screen and it's all in the description. it says: Instagram Make sure that you guys follow me there. That's my only Instagram account. I'm verified all of the other accounts are fake I Could promise you that our team will never message you.
Our team does not trade for you. Our team will never manage money for you. Those are all fake accounts that pretend to be me and they will take your money. I Never asked you for money I Offer one service and it's to watch me trade live and they it takes payment for you through our site.
So I will never ask you for money I Never ask you to fund an account. Very simple right? So I really do appreciate you guys spending some time with me I Hope that you guys enjoyed this session. If there's anything that I can do to better assist you along the way, feel free to send me a DM But again, I Do want to remind you we're running our biggest cell. You guys got a taste of what our Lpp team gets to experience every single day.
I Host these live sessions privately just for them every day. So if you want the ability to watch me trade live every morning if you think that it would be a value for you as someone that's just getting started, the second link in the description down below. it's 175 off one-time payment lifetime access and you'll also earn 20 000 entries for our GTR giveaway. the only other way to enter our GTR giveaway that ends in just two days, 16 hours, and 46 minutes as you can head on over to Shoptechbuts.com or click the fourth Link in the description down below and everyone knowing that you spend equals 20 automatic entries.
We have everything from GTR apparel we just dropped out uh, dropped our new aluminum art. that's 4 400 entries. Uh, to our motivational art, right? We have like that yesterday. You said tomorrow, the hoodies, the apparel literally everything, mouse pads, whatever whatever you see on the site, anything you buy automatically gets you entered for the GTR giveaway. that's the fourth Link in the description down below. Um, or again, you can sign up for Lpp. It's literally coming down to the wire. There's two days left so one of you is going to be walking away with the GTR.
You don't have to enter and if you don't want to, please don't but I do want to remind you literally. The only way that you can enter is by either purchasing stuff at shop Tech Buds or heading on over to Lpp.com And if you're not already a member, sign up for Lpp and you'll get 20 000 entries. If you have any questions before signing up, send me a direct message and that should be linked in the description down below. I Really do appreciate you guys time.
Hope that we're in a thumbs up. Please consider subscribing And like always, let's make sure that you have the year on a green note. Take it easy team!.
Let's goooo
Why don’t you get hit with the shorting warning? Is it because you have so much in your balance that you never have unsettled funds?
Super helpful live trading !! Thanks for sharing your thought process. I’m currently paper trading and today was very challenging and got burnt, but watching this afterwards really complements the learning !! 💪🏼💪🏼💪🏼
Love the out loud thinking and breakdown. Learning everyday Ricky
Its sad to see that Ricky and his tech buds keep getting squeezed!
Do you have a video of your set up?
It's webull
Is that quotex?
What platform do you use?