So I'm just about ready to close out my trade for the day. What's good on team? It's Ricky here with Techbook. Solutions I Want to remind you that there are some big earnings that are going to be released tomorrow after the market closes and as well as there are some big earnings that are going to be released after the market closes today if you guys haven't stayed up today again. I Keep you guys up to date here with economic reports up and coming.

Interest rate hike switches tomorrow at 2 pm eastern time I will be live streaming that so make sure that you subscribe. you won't be able to tune on in if you don't subscribe and you need to turn on your post notifications. so let's go ahead uh and get right to it. So I'm pretty much closing my position right now on Ttq just so you guys can see I don't have a position on SQ here.

Just my one lucky share. I'm always going to leave myself with my one lucky show. You can see that I have 501 shares right? because I'm getting ready to sell those 500. So this was all caught within my live trading session with our Learn Plan Profit Team.

Um, I mean it's a textbook setup where it was making higher highs, higher lows. Very slow day, right? Very slow day. Makes sense because tomorrow is the up and coming interest rate hike from the Federal Reserve But even though it is a very slow day, we still were able to walk away with a little bit over six thousand dollars profit. And that's after yesterday making over twenty four thousand dollars profit.

Again, if you didn't watch that, feel free to watch yesterday's video. I Recap My Overall Trade I locked in profits and that was all on SQ And this is why you're never afraid to lock in profits because again, you'd want to make sure that you don't give it back, especially during very uncertain days. So let me explain to you very quickly what it is that I pointed out for the Lpp team, Tqs and Sq's all trade based off of the NASDAQ Index this is QQQ which is the one for one NASDAQ ETF The really great thing about this is on the 30 minute time frame. this was the update that I sent out to all of our learn Plan Profit: Traders Um, you know as we pulled on back, you know obviously I was shorting the market I did I made over 24 500 profit Yesterday we pulled on back.

It was a great day to short but then we began to test this moving average and look at previous patterns. ever since. January 6th we've been making higher highs and higher lows and when we do pull on back, it's normally around the moving average that we tend to consolidate and find a support a support level and then indicate signs of that reversal. Then we pull on back, find a support, and then indicate that reversal, pull back, find a support, and then indicate that reversal.

So again again pattern Center Be themselves. you don't always have to, but that's exactly what it is that I sent out to our Learn Plan Profit team. This was yesterday after the market was closed To have them have a better understand Uh, to give them a better understanding of what my focus was going to be for today and then right when the market opened again. we're off to a great start.

Where we went from Red on the day it's actually green because of the continuous progress. Shortly after, the economic reports were released at 8 30 and let's go ahead and actually talk about that very quickly. There were a series of economic reports that were released. The ones that were mainly paying attention to today uh were the Chicago PMI and the Consumer Confidence Report.

All the other reports were released before the market opened with the Employment Cost Index again. I came in at one percent when the expectation was 1.1 percent. It's a little bit lower than expected. The Chicago PMI came in lower than expected with 44.3 right now.

Again, bad news. It's good news. Good news is bad news with the expectation of 45.4 and the Consumer Confidence report came in at 107.1 Again, not a very important economic report, but the expectation was 108.1 Now one of the things that we need to talk about is what's to come tomorrow. Tomorrow we have the Federal Reserve rate decision.

So this is the interest rate hike. This is the biggest, that and all be all for this week. There is Big Tech that's reported earnings Apple Amazon meta and Google right of the alphabet mother company But although those are very very important, those are normally just short-term catalysts. This is going to be very, very important on how the market reacts.

So there are a series of economic reports. the ADP employment change Yes, that's important to you know. Stay up to date with the ISM Manufacturing Index Yes, of course that's something important to stay up to date with. But one of the most important things is definitely the rate decision.

And this is at 2 Pm Eastern time I Cannot stress this enough. Please please please do Not put yourself in a position in which you cannot tolerate. There's it's it's that black and white. There's nothing wrong with being in a position.

that's not what I'm saying. Do Not put yourself in a position that you cannot tolerate that. If worst case scenario presents itself, then you're gonna try to blame everyone for your lack of success. Now is the time to prepare.

2023 is Not the year of being perfect. Stop trying to be perfect, Stop trying to predict the future. Obviously, in 2022, it didn't work very well for you, right? Please please please understand the importance of position size. Understand the points of confirmation, understand the importance of locking and profit and reducing your position size at overbought levels.

Again, my trades were nowhere near to be imperfect today, but guess what? I'm still greeting I'm still happy and I Went from shorting the market yesterday to going long on it today. You can make those quick adjustments right if you focus on one thing and that's Market Direction And your position size is light enough that you can accept when you're wrong, you keep those losses small because losses are all part of the game. and then you make that you know shift. But one of the worst things you can do is enter a hopeful position.

Things go south and then it's only going to be a domino effect from there with the up and coming interest rate. With up and coming earnings. please just know that things can get worse. Before they get better.

they can obviously get better. For more, they get worse. But again, it's not about predicting. It's not about being hoping that you're just.

you're right or wrong. Why can't you just manage your position sizing? Even if you're wrong, you're able to still buy the dip right or short the market on the way down. That's the thing that's like I want you to have options even at worst case scenario, that's one of the worst feelings when you're literally, you know, fully invested Market sells off and you're just sitting on your hands praying and hoping for the market to recover. This is Not the year of perfection.

Understand that. Break those bad habits. It's not rocket science. Remember we talk about this all the time.

Stop guessing and start learning to actually trade. Stay calculated again I Trade live every single day with my Learn Plan Profit Group and only with my Learn Plan Profit Group I Offer nothing else I Don't offer signals I Don't tell people where to buy I Don't trade for other people I offer one thing and that's Learn Plan Profit 2.0 So if you're ready to join my team and to watch me trade live every day, right? and just imagine your mornings every single day at Market Open to be able to tune on in and watch me trade live. how different would that be for your day-to-day routine for your learning experience? Would I condense the time that it will take for you to actually understand what you're doing. That's the whole point of this right? You get access to the A to Z video Lesson Library our daily live trading sessions, our private group chat, and access to the techbook HQ Yes, this is a one-time payment.

It's lifetime access and right now we're running our biggest sell and it's a hundred and fifty dollars off and that's that. sorry second link in the description down below. If you have any questions about what we talked about today, feel free to send me a message via Instagram or via Discord And that's the first or third link in the description. Friendly reminder: I Don't have WhatsApp I Don't have Telegram And my team will never reach out to you asking for money I Offer one thing in that, to Learn Plan Profit, you don't need to go anywhere but the second link in the description down below.

there will be fake accounts that will pretend to be me that will message you and tell you that you know hey, you need to give them money for Crypto so they can trade for you I Don't do anything with that I Don't do anything with Forex nothing I Trade in the stock market and I Do it. Live Only with My Learn Plan Profit Team. That is all. If you want to work with me, that's that.

Second link down below I Appreciate your time like always. Let's make sure that we're in the year on a green note and you better smash that like button.