I don't know what to say: um i had eighty thousand dollars invested in amc. It began to pull back. I i had to sell it all like. I just had too much money invested in it.

I let's get on team. It's ricky with tech, with solutions hope that you're all having an amazing day it comes with the territory uh, there's no other way. To put it, i'm not here to sugarcoat it. We've talked about it in every single video.

I feel, like i expressed this more than just the average person that uploads a video i talked about how risky amc is right, uh, a lot of you guys, i shared with you guys. I was up 60 thousand dollars 63. 000. Yesterday, the day before i was up 23 000, you think i'm going to complain about being down 16 in one day when amc was up 95 yesterday or 44 the day before it comes with the territory.

If you don't want to partake in these pullbacks, then don't partake in risky trades. It's that simple. I not only did not sell my position actually uh. I sold a portion of my position during the pre-market session.

I saw that it broke below the sma line and began to show signs of a descending pattern. I reduced it a little bit, but then guess what i loaded up on it once again right it sold off it got halted twice. I began to load up on it as it began to indicate signs of an uptrend. Now am i up on amc? No.

I had 1500 shares during the pre-market session. I reduced it to about like two 1200, a little bit over 1200, like 1 250. um, and then i began to really load up on it as of right now, oh no, like i'm down 24 000 on the date, does it do. I feel great about it.

No, it still sucks right, but it's like i'm invested with 2850 shares. I'm invested with 140 000. Here's a huge, crazy concept. If you can't accept pullbacks, if you can't tolerate them, then don't trade risky stocks, don't trade stocks.

You know don't ask for stocks that or put yourself in a position, don't invest or trade stocks that push up 50 percent 90 100 in a day and not expect them to pull back. It's i'm! Not! I'm not here to call you paper, hands diamond hands. I don't care about any of that. It's just it's just trading in general, right respect.

The process understand that this is not your nine to five job. Just because you invest hours or invest money or trade with money doesn't directly uh doesn't earn you a direct output to pay. The stock market is challenging, it is risky and not every stock is as risky. So if you look, if you want to learn how to trade, you want to learn how to invest, learn how to walk before you run.

But if you choose to partake in a stock like this, just like i made sixty thousand dollars in one freaking day. The couple of hours in front of a screen you think i'm gon na complain. You think i have the the capability of complaining about being down 20k. Oh man, it still sucks being down 20k, but that's the position that i put myself in.

I decided to buy a large dollar amount of a risky stock because i think that it can still continue to go up. A lot of people are still talking about. The short squeeze hasn't happened, the short sellers haven't covered at the end of the day. I'm really just trying to focus on direction as right now, there's a slight resistance at the sma line, something that you need to take into consideration.

I think that once we break above the sma line, we can see a nice little push up. My break even point. Would be right around 58.59 a share market closed yesterday at 62, i'm excited i. I love the challenges that the market presents.

I love it and drop a thumbs up if you agree. This is not i'm not here to sugarcoat it. If you can't tolerate pullbacks, respectfully don't trade these stocks, it's it's that simple put yourself in a position to succeed. All we ever say implement, structure and watch your position size.

All we ever say if you're freaking out, because it's down twenty percent just know that it could be down forty percent fifty percent, and that is not far-fetched. So what are you going to do to prepare it's that simple? I wanted to make this video. I wanted to start it with kind of like a oh. No, i sold everything um but hey.

If i do choose to sell everything, i'm going to do it because it's in my best interest, but i'm going to do it when it makes sense to me as of right now it doesn't necessarily make sense. I've been doing a decent job watching my position size. The past couple of days, i've been trading with five thousand ten thousand shares right now, i'm in with twenty eight hundred. What, during the pullback, i was in it with a thousand shares, so i'm doing my part and staying well balance with the dollar amount that i trade with we're all at different levels.

We all have different dollar amounts that we can tolerate. All i'm ever here to encourage you to do, is implement structure and don't become an emotional mess if you're becoming an emotional mess. It simply means that you're trading with too much money and you're just not ready. You just can't handle this and can't tolerate it.

It doesn't mean that it's the end of the world, it just means that again, you need to learn how to walk before you run. So i wish you guys nothing, but the best. I hope that you guys enjoyed this video make sure to drop a thumbs up. I also created a free pdf uh for you to download, especially for a lot of newer traders, um it's absolutely for free and it talks about the three stages of trading reversals.

So if you want to download that pdf, that's going to be that first link in the description. If you want to join our free facebook group, that's the second link and if you want to watch me, trade live as soon as tomorrow. That's that third link down below, like always, let's make sure that we in the year on green now take it easy.