Is this the new support level for amc stock. Here is how I plan to trade amc stock!
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What's going on team, it's ricky with tackle solutions, and before we start with today's video i wanted to let you guys know this new massive mouse pad the new day trader mouse pad the best day trading mouse pad in the market right now, uh, we just dropped It on our website, it's 35 inches by 15 inches, feel free to check it out. It's the third link in the description under mouse pads and again it dropped today. So, while supplies last it's on sale and, of course, free shipping, let's go ahead and talk about today. How many of you guys were excited to see amc amc finally pushed up at a really strong start to the market.

Open right hit highs of 37.40 around that general area it pulled on back. I can't stress this enough right. I i really at the end of the day, don't even care what other people say. Let's be honest, you should always do what's best for your future self.

Right all these people that comment shill, i don't even know what that means right, uh but diamond hands for sure you do as you please right. We all have different plans. We all have different intentions at the end of the day. Do your future self a favor and make sure that your actions today are something that set your future self up for success, and that's exactly what i did today.

I was so happy to start the day with this massive push. If you're part of the learn plan profit group during our live trading session, i did such an amazing job, locking in profits we're not really locking in profits. Yesterday i was down it recovered quite a bit i sold at the highs, and why did i sell at the high? Because i'm a paper hander, because i'm a shill because i'm a fud, i don't even know what any of that stuff is. You can call me whatever it is that you want, but you can't call me a bag holder.

What i decided to do is as it reached those highs. There was obvious signs of a resistance level. It ended up consolidating at that general area. I sold from 3 400 shares.

I think i had and i reduced it to 1500 shares. I still held 1500 shares as it pulled on back guess what i did. I bought more at the lower levels, i'm back with 3 300 shares and we're still in the green. I did my part in taking advantage of an opportunity i sold at the highs when it made sense indication of a resistance level and as it sold off and it identified the support i bought the dip.

It is my job as a trader to make sure that i put myself in a position to succeed, because it's not about what other people you know. Other people are not making me money right, they're, not the ones that are locking in my profits, managing risk. Reducing position when we're at a resistance level: that is your job. It is our job as an individual.

It's not about what benefits other people, it's about, what benefits your future self and if you don't agree with that, and if you think everyone should do one thing, because it is in your best interest, go outside, find the biggest rock and kick it as hard. As you can, because i hope you stub your toe but wanted to update you guys on my amc position. I also did take a short position on tesla. If you're part of the learn plan profit group uh, you would have seen it i made like 600.
I didn't have very many shares. Tesla was showing signs of a descending pattern. I actually took it on the weibull platform. Actually, i think i might be able to show you if i just buy even just one share.

It should be able to show you. Let me go ahead and see, i don't actually think it's gon na pop up. Let me go ahead and see if i buy one share of tesla, let's go ahead and see what it is so one share, and then it should show my overall p l on the day. Let's see if it pops up, give it one quick second, and it doesn't, but uh 650 670 is what i was up on the day and i was happy to lock in profits.

I covered my shorts and i moved on to the next one uh update for you guys on my sqq position. Um i'm up a little bit over one percent, not a crazy dollar amount. I think i'm up 1.8 a couple thousand dollars and it's a step in the right direction, i'm not going to over hype it. I still think it's still too early to get in.

I'm sharing this with you as someone that's in sqq, and i'm telling you that i still think it's too early, i'm never here to hype up something that i'm taking advantage of. When i know it's early right at the end of the day, confirmation is key and if you're definitely trying to be more on the conservative side, understand the importance of that understand when to be patient. Understand when to buy. I understand when i add more to your position size if i decide to take a more aggressive position, because i can tolerate more risk, then so be it right.

That's that's my position, uh, but definitely not something that i would encourage any of you guys. Uh 680 is what i'm up on the day so uh on tesla with my short and i just took my long position. So that's the thing that i'm not the biggest fan on weeble is sometimes it doesn't show your piano in the day after you close out your position, it just shows you on the open, so i had to buy one share, so at least it reflects it um, But yeah i had a lot of fun today, so i'm excited for the overall nasdaq market on 14 500. One of the things that you guys should be able to see is that it is now trading below the ema line.

It is barely below the ema line on the four hour time frame, so this is a potential step in the right direction. Uh, if we end up breaking below the ema line and formulate these lower lows, then great, i would love to add more to my sqq position. I'd love to instead of having 80 000, have over 100 000 um and as it continues to sell off i'll, add more to sqq the more money i make the more money the nasdaq market pulls on back. So i kept it pretty simple.

Today i kept it light, i kept it tight. I was not afraid to lock in profits and i had a lot of fun as you guys could imagine. So let me know what you guys think in this video. I hope that some of the tips and tricks that i shared about not caring about what other people think not trying to please other people, but just simply focusing on yourself and your future self uh can resonate well with you.
So let me know in the comments section. I hope that i earned your thumbs up. Uh reminder you guys can stay connected, join our free facebook group. That's that first link in the description mouse pads extra large mouse pads are now for sale.

That's on the shop tack, buds site, third link in the description, and, of course, if you want to watch me, trade live as soon as tomorrow at market open. Then click the second link down below and we'll see you at market open. Like always, let's make sure that we in the year on a green now take it easy.

By Stock Chat

where the coffee is hot and so is the chat

27 thoughts on “⏰ did amc stock hit bottom? (my trade plan)”
  1. Avataaar/Circle Created with python_avatars GameSonar says:

    jesus bro this already went down like 60% why? farming that yt views?

  2. Avataaar/Circle Created with python_avatars Wang 王驚雷 says:

    Trading is a lone game. You’re in it for you, balls to everyone else, especially weirdos on comments lmao.

  3. Avataaar/Circle Created with python_avatars Michael F says:

    Wish people would flex more on buying and holding. Cant blame anyone for making their own decision but people I think understand this is a unique situation. Could be a game changer if it wasn’t day traded here shortly…..

  4. Avataaar/Circle Created with python_avatars rique says:

    The same people you call bag holders are the ones that help drive the price up, and keep it where it is, without them the stock would be worthless, and you wouldn’t make any money. Seems like you’re just very impatient and want quick profits even though you have a lot of money.

  5. Avataaar/Circle Created with python_avatars Everything man says:

    Here comes the worst of the worst I hope you are lost money by selling your stop loss like an amateur

  6. Avataaar/Circle Created with python_avatars Acgarcia says:

    Because, you are no an APE, you are fucking the movement. Go a F another stock

  7. Avataaar/Circle Created with python_avatars Leo says:

    stop playing options only buy shares , if you are purchasing options you are hurting the cause.
    BUY AMC HODL AMC BUY MOAR AMC

  8. Avataaar/Circle Created with python_avatars CastrejonHDTV says:

    Hi Ricky, I kept seeing this stock go down so I got scared and sold my AMC. Then like a dumb Ape I bought back and gained more shares.

  9. Avataaar/Circle Created with python_avatars Clayton Young says:

    He cant show you because it says paper trading on the screen. Dont believe this shill. He risks nothing.

  10. Avataaar/Circle Created with python_avatars Kallum95 says:

    I have £200 I wanna invest, anything you can recommend?

  11. Avataaar/Circle Created with python_avatars Savage says:

    what watch are you wearing bro, I really like it. looks like a royal oak AP

  12. Avataaar/Circle Created with python_avatars Josh Favret says:

    some old school trade recaps would be helpful! and probably get some more views!

  13. Avataaar/Circle Created with python_avatars Cat Daddy says:

    If you sell for a loss and buy back in at a lower price and it goes up (green)you’re still losing just winning from a lower position

  14. Avataaar/Circle Created with python_avatars J.N- Turner says:

    So smart bro! Thanks for all you do. Making smarter traders every day.

  15. Avataaar/Circle Created with python_avatars Fly Guy says:

    Hey Ricky !!!, Going to signup this weekend for your lessons… 🙌

  16. Avataaar/Circle Created with python_avatars T says:

    “Call me whatever you want but you can’t call me a bag holder” love it!

  17. Avataaar/Circle Created with python_avatars Bee Mills says:

    Fud is "fear, uncertainty, doubt" things we dont spread. Shill is a paid person (from hedge fund) who spreads fud..bot is obvious.

  18. Avataaar/Circle Created with python_avatars AMC CRACK DEALER says:

    I have 3000 shares at 5 a share. I am not going nowhere. 🥰 Day trading AMC would give me a ulcer lol.
    Love your videos though

  19. Avataaar/Circle Created with python_avatars Ray Santos says:

    Baby Jesus -this is the new Jason Bond on the rise –

  20. Avataaar/Circle Created with python_avatars JustSomeDude says:

    Hey man! I live in Arizona and I would really like to meet you sometime!

  21. Avataaar/Circle Created with python_avatars ctmoon says:

    The biggest risk is not taking any risk… In a world that is changing really quickly, the only strategy that is guaranteed to fail is not taking risks. – Mark Zuckerberg

  22. Avataaar/Circle Created with python_avatars John Smith says:

    Ricky, since you’re shorting so close to earnings season do you expect them to be down? Or do you plan on exiting before earnings go live

  23. Avataaar/Circle Created with python_avatars Bonestock says:

    If it holds above the 180 EMA, I'd certainly agree it's bottomed out.

  24. Avataaar/Circle Created with python_avatars Edgar Bonilla says:

    Best advice you just share !!! Lock your profits, manage your risk & reducing position size.

  25. Avataaar/Circle Created with python_avatars solziaboi says:

    There are swing traders, option traders, day traders and long term investors, figure out your type of trading and find a mentor in that type. RG is a day trader and gives great day trading advice, stop hating on him, most haters hate themselves and take it out on others, don’t watch or comment if you don’t agree with his methods. 👍 to RG

  26. Avataaar/Circle Created with python_avatars Kidmoto says:

    I make mad profits! By the way these mouse pads are available on our website 😂😂😂😂

  27. Avataaar/Circle Created with python_avatars nedu dike says:

    You have always been rude to people who disagree with you, just like you just said they should go kick rocks! That’s a very poor approach and childish! You can daytrade AMC for all you want and make your money! The fact that you still don’t get the point of what’s going on speaks that you agree with the manipulation going on in the market. As someone, who has been in the market for long and made a lot of money and still, I’m will speak up for the wrong doing against the smaller retail folks. But you never done that, that’s a big difference between you and others.
    Thank you!

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