What's going on team, it's ricky with tackle solutions. I just finished trading live with our learn plan. Profit group, uh, quick little market, update tqqq, pretty much in the red it's in the red, but how? How is it possible that i'm up two thousand twenty five hundred dollars in the green on the day when tkq is in the red? What did we do? On friday, we talked about reducing our position size right, wednesday, thursday friday consistent green days, and they weren't small green days. Yeah wednesday was a four percent day.

Thursday was like an eight percent day and then friday was like a it closed at nine point. Eight percent, but after market hours it went up an additional 1.3. That's like an 11 day insane, absolutely insane. This.

The market has not done this, so why did i reduce my position size on friday because it would have not surprised me that the market would have corrected itself a little bit right? I also don't know if you also heard uh. It's actually kind of good news. Uh people were kind of concerned because oil prices are absolutely you know making you highs today. Let me show you, the united states oil fund.

If i'm not mistaken, it should be at new highs today, but why well, if i'm not mistaken, the eu spoke with china and they are working on completely removing russia from being their supplier with oil. This means that every other outlet, therefore, then increases in demand. We also in america have to find a solution right. I thought we were working on this, like iran, or venezuela or cuba, deal something like that where they were going to be our supplier for oil and then just no progress happened since march.

I just don't get it right. Oil prices are still going up, but it's kind of a good thing and a bad thing. Also uh china actually closed uh or stopped its like overall covet shutdown that it had for about two months. So you guys remember two months ago they had a big outbreak uh.

They finally are opening china back up uh, which is a step in the right direction, so markets a little choppy today. It does not surprise me at all up three thousand dollars now on the day and i did a beautiful job. This was all caught in today's live training session. It's all about position size.

You guys might be like well ricky you trade with a couple hundred thousand dollars. It doesn't mean everyone still at one point or another, has a hundred percent to trade with right, 100 of a thousand dollars or a hundred percent of half a million dollars. A hundred percent is still 100. How you manage your position.

Size is everything i i literally sound like a broken record, because i say this over and over again, and some people will never listen to it. Just like some people will never learn. Other people understand the importance that at overbought levels it's not a bad idea to reduce position size not because the market can't go up any further, but because it makes sense that it could pull back. So you are simply taking risk management into consideration.

Market opened markets sold off, guess what i began to do. I only held about one third of what i normally trade with overnight on friday. So when the market opened and the market sold off, then guess what just imagine you having a 30 position and you have 70 to work with you almost get excited the market's selling off the cheap is getting cheaper. I can buy it now and make money when the market recovers bingo forty five hundred dollars, it's not about being perfect.

I i never sold my entire position on friday at the highest price point. I never did that. I made thirty three thousand dollars on friday. If you guys missed the live, training session go watch it.

I had hosted a free, live training session and you see where a majority of my trades took place. But one of the things that you will always see me do is take my downside risk into consideration. Why? Well, because, if the past five months have taught us anything, it's that nothing is guaranteed and the market's been more bearish than it has been bullish for 2022., and i was just preparing for this. I mean i feel like i've been conditioned.

I got excited. I knew that i have to stay very level-headed trust me. I still have my long-term position in tesla. I still have my long-term position on amazon and uh in apple.

I'm still going to be buying more, but i'm not going to be blind blindly and not thinking that it's going to pull back a little bit if it's had three consecutive green days and that's what i'm here to remind you, take it day by day. You don't need to over complicate your training, don't get too excited, because if you become very heavily invested in a position now and if the market continues to sell off, you literally just put yourself in the worst position. We talked about this yesterday with the video that i uploaded we're right below the ema line on the day chart right now. You know it's.

Yeah markets are very cheap, but if you go all in right now and then the market gets rejected, then guess what you just you put yourself in that very unfortunate position where we can just give it a little bit more time. We can try to see if it begins to indicate signs of an uptrend. What's the rush, we have so much margin. Look at this for tkq, even if you wait for the break above vma line, not a perfect trade based off previous highs.

That's still over 150 roi. Let's say that you're you're, not a perfect trader like me, because i'm not a perfect trader. Let's say that your average purchase price, as you average up, ends up being 52 right and then you end up selling a little early, because i sell early imagine making 53 with a not so perfect trade. That's the opportunity that's being presented.

This is just an example of one stock. There's tesla, there's a bunch of other positions that you can choose to invest in. I'm never here to convince you to invest in what i'm. What i'm investing in what i'm here to encourage you to do is take your position size into consideration, to not be so confident that the market has to recover right now.

I do agree with you. Now is a great time to prepare for the market to recover. Maybe even having a light position, if you can tolerate red days, but please do not be a fool - do not think that the market has to recover right away. That's all i'm here to remind you so also for all of our learn plan profit members that joined over the weekend.

We ran our biggest sell ever to 150 off uh. This was for memorial day weekend, so many of you guys missed today's live training session because you didn't know how to access it in the learn plan. Profit course, in the first section, there's two videos that explain to you: they welcome you. They explain to you how to access the discord and then we provide you.

The link in this third section right, lpp group chat. It provides you the link, it says click here, please take four minutes, watch the videos and then click on the link and then you'll have access and you'll understand how to use our learn plan, profit, discord, chat and how to watch me. Trade live every morning again. Our biggest sell ever today is literally the last day.

It's 150 off. It's for the memorial day weekend learn plan, profit, 2.0 biggest sell lifetime access to the a2z, video lesson; library, daily, live trading sessions; private group chat and yes, access to the tech buds hq located in chandler, arizona, all inclusive one-time payment 150 off today. Only last day - and that's going to be that first link in the description if you're ready to join us. If not, i respect it.

I wish you guys nothing, but the best i just uh hit six thousand dollars on the day and i'm enjoying it right. I'm not too heavily invested where i'm gon na be holding 5500 shares uh. If you watched me trade live this morning, i talked to you guys about that. I'm always holding 5500 shares of tkq.

The the difference that i have of tqqqq is what i'm day trading with, but i will always hold 5500 shares why i think tqkq is at a great price and i'm okay, with holding only 5500 shares. That's like you. I don't know what you're trading with right. Let's say it's ten thousand dollars: that's like you, buying three thousand dollars worth of tqkq and not selling it, but you have seven thousand dollars to work with today.

Trade. That's the way that i view it. I have 5 000 shares that i'm holding, and i have 10 000 shares that i'm date trading with total of 15 000 5 holding 10 day trading with hope. That makes sense.

So as of right now, it looks like about. I have about 3 000 shares left in my day, trade and then the rest again are just holds and looks like we're about to touch. What is that yep about to touch seven thousand dollars on the day? It's it's! It's a great start to the week, and market literally just touched in the red right. The way i was able to do this was i managed my position size as it sold off.

I averaged up into my position. Why did i average up? Well, if something's making you money, if something isn't indicating signs of an uptrend, doesn't it make sense to fuel it more money to give it more money trade when it makes sense not when you want to, but when it makes sense, and it's not just by trying To predict the future, but also preparing for the market, to pull back to not think that it always has to continue to go up. The more that you protect your downside, the better you will end up doing long term. I wish you guys nothing, but the best, if you guys have any questions.

You guys know where to message me again friendly reminder: we're going to be having a pizza party at the tech buds hq in arizona this friday from 1 1pm to 3pm it's free and it's available to everyone. It's gon na be open to the public. I don't care if you're a new trader. I don't care.

If this is the first video you've ever seen of me, i don't care if you're into real estate e-commerce. I just i want you to meet people just like you do online, but in person and it's going to be at our 7 000 square foot facility, 15 offices and i'm just excited to finally put a face to the username. So if you guys plan to be there second link down below, is our free trading group chat? Please just send me a direct message that hey brickie. I want to come to the hq and i'll.

Send you the address or you can google search the address. It's tech buds hq very simple, so i'll see you guys there friday, i'm actually going to be there earlier today or in a bit. I'm just gon na hit the gym, grab some food and then i'll see you guys at the hq for any of our learn plan profit members that plan to visit us. I wish you guys nothing, but the best continue working hard to continue following dreams.

Light your passion via driving your success and, like always, let's make sure that we end the year on our green now. Take it easy team.