So how many times last week did we talk about preparing for the market to pull back right? What's going on team, it's ricky with tackle solutions here with a quick little market update, i'm going to start sharing my screen, so you can see exactly what it is that i'm looking at. This is something that we've talked about non-stop, especially with my learn plan. Profit group uh: we talked about the resistance at the ema we talked about how we haven't been able to break above it ever since march of 2022 right uh we've been bearish market's, been bearish for at least five and a half months. It's the condition that we're in i didn't see it to be far-fetched for when the market did begin to approach this ema line that hey you know.

I want to make sure that i do my part in making our viewers aware of an obvious resistance level, not because i didn't think we couldn't break above it, but because, if the past five months have taught us anything, it's that the markets have been more bearish Than bullish, you know fast forward now it's very easy to say that hey for anyone that did reduce their position, size and or lock in profits right. It's never a better time to be cash, market sold off or tqq sold off 14 yesterday and it's break even today we're waiting for the f o m c meeting tomorrow. I actually wanted to ask you guys if you guys want me to live stream it so tomorrow, uh the feds will be meeting at 2 p.m. Eastern time uh, i would be more than happy to host that live stream um and see how the market reacts to it right.

It's expected that they are going to take a more aggressive approach than half of a percent for a rate increase which is should be interesting should be interesting how the market reacts, but again that that is going to be tomorrow at 2 p.m, eastern time. So if you guys want me to live stream, this all you literally have to do is like the video subscribe to the channel and then, if this video gets over 1500 likes i'll host the live stream for free on youtube, that's simple, uh, but yeah! You know. I just i just wrapped up my live trading session with the learn plan, profit group and they had you know a very good understanding of the overall market. I mean if the idea of predicting the bottom of something just doesn't make sense anymore, obviously right, because we've sold off now more uh than even back in 2020 right for the pandemic in the sense of how long it's taken - and i think that's, what's really frustrating People is like they normally can buy the dip and when the markets are tend to be more bullish than bearish the market recovers, and then they end up making money.

Now it's like you really have to earn it. It's really testing your patience and really testing your discipline, your ability, your ability to reduce position, size and or lock in profits, and to not be afraid to do so right because of greed or because of arrogance, and i think that's what i want to remind you - Is that if your intention is still to invest, meaning making money, either years from now or months from now, then i still think that with overall price levels, for you know a lot of these different companies, i mean amazon right now is shooting at 103 a share. It's down a little bit over 25 since stock split, if i'm not mistaken, at highs of about 128.. It's like, i think amazon is a great deal.

That's my blog, that's my opinion right. I think amazon is a great deal for an investment. Do i think that it's a great trade? Do i think it's something that's going to make you money in a very short period of time. Heck, no markets can continue to get worse but by understanding or amazon's current price point and the potential that has to grow years from now we're buying now to invest and to make money years from now not now right, we're just buying it now because of the Price point that we have at the deal.

We can't predict the bottom. I can't be like hey i'm going to buy it at the lowest price point. You can say that hey i'm going to buy, maybe when it begins to show more signs of an uptrend staying patient being a little bit more selective. I think that's a great way to approach the market, but the idea of, like hey, um, i'm going to buy at the lowest price point.

If that's like an idea that you're really feeding yourself, i think that, just like back in 2020, you're feeding yourself this idea or this goal that you're never actually going to be able to hit because you'll never know where the bottom is of something. The idea is just to get in at a price point that makes sense to you and your intention. So if your intention is to make money later down the road, then i would really begin to ignore what the stocks i'm talking about. I don't care about that, but i think it would be in your future self's best interest to cherry pick and to be very, very selective, not scared, but very, very selective in the stocks that you want to buy now and invest in now.

That can make money down the road not anytime, soon but years from now, and you can choose one two, maybe three different stocks that you see as long term plays taking position size into consideration and, of course, understanding that you will have to tolerate. Maybe a little bit more of a red day or a little bit more red days as the market can get worse than before. It gets better and that's just again the conditions that we're in. If you don't want to wait for that set your alerts, wait for confirmation over reversal and we can follow up with it then uh.

When asking the question: do i think today is going to be a good day today, trade uh heck? No, i think the overall markets are just waiting for the fomc meeting tomorrow, everyone's just waiting to see how aggressive an approach the feds take when it comes down to interest rates, and i think that the markets will be most likely very choppy today. Kind of just trading sideways we've been up three percent in the green once twice three times and we're back in the red. Once again again, your job as a trader is to select the conditions that you choose to take advantage of. You don't have to trade.

Every single day, the more that you open yourself to a position, the more you open yourself to risk so make sure that the conditions are favorable use this analogy for those that follow me on instagram. Imagine yourself! As a race car driver, you get to choose the conditions that you race in. If you're trying to win, do you want it to be rainy? Do you want it to be so hot that your car overheats? No right, you want the conditions to be favorable, so you perform the best the same thing when it comes down to the stock market. Pick the conditions that you choose to trade.

If conditions are choppy, if conditions aren't clear and if we're waiting for the market to react tomorrow, then why are you putting yourself in an unfortunate scenario again, something to think about? I really do appreciate gadgets time. I'm excited to see uh how the market reacts tomorrow and make sure you stay connected. I do run a free trading group chat. It's the first link in the description of this video and i hope to see you in there other than that.

If you guys want to be able to watch me, trade live every day. I only work with the learn plan, profit group and that's that second link down below also friendly reminder. We did just drop the new apparel line, that's the cream collection, it is a limited drop. We will not be restocking, so do not ask once we sell out they're done so we have the jerseys, the teas and the hoodies.

Everything starts at 27 and again make sure you head on over to shoptechbuds.com or click the fourth link in the description of this video and select your favorite items, and it does automatically enter you towards our giveaway as well. So for every one dollar you spend, it equals five automatic entries for our ipad air giveaway. So good luck! I appreciate you guys time once you guys nothing, but the best i'll see you tomorrow at market open. If you're part of my learn plant prof group and like always, let's make sure that we in the year on agreed now take a digit team.