We anticipated the nasdaq market is now approaching the moving average on the four hour time frame. This was shortly after the fed conference we're seeing a very aggressive drop, especially with tech stock. So what did i really do today? Uh, my main focus was sqq. I've talked about this time after time.

First off, i want to talk about not just about how to make money when the market pulls back, but also for long-term investors like this should be super exciting uh and it's hard to maybe see through all the red. As of right now, because the market's pulling on back, maybe a lot of your tech stocks are pulling back, but if you actually think about it, if you're prepared, as we've been talking about it right as we've been talking about the market being overbought like we said Literally in yesterday's video and the video before that, all we've been preparing for is for this potential pullback down to the moving average. This happens every month and a half to two months. It pulls back, it pulls back, it pulls back.

How can you not prepare for this? This is why a lot of our learnt plan profit members - are making a killing right now. So on sqq alone, i'm up over 1800 on the day and i've already reduced a portion of my position size. I only have about thirty thousand dollars invested. This was just two days ago.

I talked about this. I talked about when sq was at six dollars a share and i saw there to be potential for the market to pull back and ask qqq goes up when the market when the nasdaq market pulls back. So it was very simple for me to understand that. So if i see tqqq on the four hour time frame to be overvalued and pull back potential right, then it makes sense for me to you know: pay attention to something like sqqq now.

This is not for beginner traders if you're an absolutely if you're an absolute beginner this stock or etf is not for you. It's triple leverage it decays over time, and you need to be really good with managing risk and managing your position, size and locking in profit. So what i did is, i actually had 6 500 shares in ask qqq, but as we go into the after market hours, we're seeing some consolidation, you know i need to know when enough is enough and because we had a five percent day. But if you actually think about it, look at the lows they hit today at six dollars pretty much and the overall highs.

That is 11 growth. That is what i want you to pay attention to during today's live trading session. People were asking me, am i scared that you know sqkq is consolidating no, because i only had a very small position size. This is why it's so important to know when, to average up into your position and once sqq began, to indicate signs of an uptrend right.

It broke above 610, it broke above 620. It broke above 630. Guess what i began to do. I began to step on the gas all the way up to having 6 500 shares and then deciding to lock in profits by the end of the day.

Yes i'll hold a couple of shares, but i'm never afraid to lock in profits, as you should never be do today, what's best for your future self, so i'm going to most likely leave myself with about 25 to 3 500 shares and lock in the rest, uh. The other one that i did want to talk about is we began to really step on the gas on the sq on the tesla short. I only have 50 shares shorting tesla, so it's nothing crazy, uh, but it paid off right. Four thousand dollars on the day.

Shorting tesla and by the end of the day, uh, but by the time that the aftermarket hours closes i'll, be completely out of shorting tesla. Now the reason that i'm so excited about this is this is where all the deals begin to present themselves. Think about this, let's check out facebook. Ask yourself a simple question: do you see facebook disappearing? No, then, why do you care that it's down? This should be exciting.

This is a sale. If you actually think big picture you're going to regret not buying companies, you see value in right now versus later, and it doesn't mean right. Let's, let's not get carried away, it doesn't mean that facebook and other other and other valuable companies have to recover right away. So do it in a tasteful way know when to average up no one to buy the dip but never be afraid to take advantage of a good deal when the overall direction is in your favor, and that's all i'm here to simply share with you right.

I love talking about yeah, you know a couple of day trades. I did decent with them today. You know eighteen hundred right, especially with ask qqq yeah. I did pretty good day trading uh tesla with shorting it right.

4200. That's great! But, let's be honest, we make majority of the money on the recovery and that's when we can really step on the gas. This is a fifty thousand dollar position. Sqktq is a thirty thousand dollar position.

I'm talking about. I wan na buy facebook with 200k right and if we look at where facebook is at right now - and it recovers - that's where i'm going to make some money, that's where i can make the difference on a good quality company and knowing when to buy the dip. It doesn't mean that again, you have to buy it all aggressive, but doing it in a tasteful way is can was, is what can really make a difference? Change your perspective when the market pulls back, stop thinking that the market is against you. If you understand how the market works - and you understand that the market's more bullish than it is bearish, these pullbacks should excite you.

This is when the deals present themselves and again. The stock market is a challenging market because it really tests your patience, and i know right now. Maybe some of you guys are on the red. I wanted to talk about some of the profits that i made today and how i did it.

But, most importantly, i wanted to talk about how i plan to buy the dip and take advantage of the good deals and ride back the recovery. As many of us can do, i want you to understand the perspective. Yes, you can think that, oh, my god, the market's dropping right, i'm losing a bunch of money, but in all reality this is simply an opportunity for us to buy at a better deal and make money on the recovery. So comment down below feel free to share any thoughts.

I want to also remind you and encourage you if you just want to talk to someone right if you're just getting started in the stock market. If you have a couple questions, if today, you're just having a tough day, the first link in the description, it's my instagram account it's my only instagram account message me. I respond to all of my direct messages. I would love to show you and explain to you.

The big picture of why i get so excited when the market drops. I want to be there to assist you to overcome these challenges that you're currently experiencing. I think it's as simple as that so again make sure you message me on instagram and friendly reminder. I only have one instagram account if you guys want to watch my live trading session tomorrow, right at market, open click that second link down below join our learn plan profit team and i will see you at market open.

Like always, let's make sure that we end the year. I agree now. Take it easy team.