So i was going to wait to make this video, but i feel like the earlier. I make it uh the more people i could potentially catch before they make an impulsive decision, the market's bearish. Today, i i think, that's very easy to see. We can see that sqq continues to rise and, although i do agree with many of you that sqq is overbought, it doesn't matter right.

Earnings as of right now are not as good as what i think people began to factor into the market. The only company that i saw that actually blew it out out of the water was tesla and tesla's, literally almost right back at where it was this morning before it reported earnings the market's bearish. I wanted to show you guys that you're not alone, i have i wrapped down 800 on the day with tqqq. There's, there's no excuse for it.

It's just. I don't want you to make an impulsive decision that you cannot tolerate. I'm okay with my position right now, because it's a dollar amount that is a fraction of what i normally trade with with that being said, if you are under the pdt rule, if you are someone that is limited to either the amount of funds and or trades That you can take within a week. I personally do not think fighting the direction of the market is going to do you any good.

I can't tell you what to do at the end of the day, you're an adult you do what you think is best, but when direction is bearish and you view sqq and or shortening the market to be too risky, there's one of two things that i would Consider at this time either state cash meaning do not take any position. It's a friday. They begin their choppy days either way or begin to prepare for what stocks are to report earnings next week. Next week is probably one of the biggest earning weeks for this entire month.

We can go ahead and take a look, and we can see that next week on monday, we have coca-cola, not bad right, but on tuesday we have google microsoft right alphabet, ge, not sure. If you've heard of them right wednesday, facebook, boeing, ford, paypal, qualcomm and then on thursday, for the cherry on top apple and amazon, twitter, huge earnings next week, and guess what if you're asking the question, can the market get worse? Yes, none of none of these earnings have been like exceeding far beyond expectation other than tesla and even tesla has has pulled on back pretty much given back everything that he gained during earnings. It's not that you should be scared. It's that it's time to prepare right.

There's no there's no question that deals are abundance, but there's also no question that the market can definitely get worse. So with that being said, i just wanted to make sure that i made a video early enough on this fine friday, and hopefully some of you guys avoid forcing a day trade that just does not make sense. It doesn't matter if even tkq begins to recover a little bit be honest with yourself direction's, not in your favor, it's choppy and it's inconsistent. It's like why over complicate it, you know exactly what we're trying to work towards right.

We've had those days where the market's just consistently bullish those are much easier days to trade during these days, just not fighting it and being okay with staying cash and being okay with potentially missing out. It's almost like satisfying or just peaceful, because you just know that it doesn't meet your criteria just trying to look out for the average beginner trader right wanted to obviously uh quickly talk about ask qqq. Obviously it is bullish. One of the main reasons that i'm not deciding to jump into sqq is because i view it to be overbought, but it's super bullish, but the reason because it's so overbought, i know that this tends to be more bearish than it is bullish.

So because of that, i view it to be too high risk, so i'm okay with missing out. This is where you have to kind of limit yourself where you have to know enough is enough, or even if it does continue to go up. I'm okay, because it just would make me uncomfortable being in a big position in something that is so consistently bearish and so overbought, it's okay to be selective, it's okay to say! No, i think. That's one of the great things about the market is that you are the final decision maker on where you choose to trade and invest your money, so don't be afraid to say no so wish you guys nothing but the best.

I hope that i earned your thumbs up in this video if anything get an early start to your weekend. Plan ahead, prepare ahead. We have a busy up-and-coming week and guess what? What? If all of a sudden next week, the markets begin to take off because earnings are better than expected, let's say that right, wouldn't you have appreciated or and or wished, that you didn't waste your day trades on a day like today and would have saved them for A day like next week, that's the idea that i'm trying to share with you, because i know a lot of you guys are under the pdt rule. Please do not just to waste your day trades, because you can't utilize that, because it makes sense because the opportunity is worth taking advantage of.

So i really do appreciate you guys time again friendly reminder if you guys are absolutely new to trading. First, make sure that you subscribe to the channel. I upload new videos every single day. Also, if you want to be able to watch me, trade live every single day.

Make sure you head on over to learn plant profit 2.0. This is the second link down below and this completely breaks down our daily live training sessions, our a2z video lesson, library, our private group chat and yes, of course, access to the tech buds trading hq located here in chandler arizona from the reminder. We are also having a two for 120 cell for the vertical aluminum art and, again that's at shop, techbuds.com or the fourth link down below. I really do appreciate you guys time.

I wish you guys nothing, but the best continue working hard continue following dreams. Let your passion be with jobs and success and, like always, let's make sure that we end the year on a green note, take it easy team.