So today played out essentially how we expected it. One of the things that we love to share is that you can't predict the future. Let's not pretend we can right uh, but we can definitely prepare for it and in yesterday's video i talked about amc getting rejected at that 60 resistance level. If you guys go on the one hour time frame, it has been getting rejected there multiple times.

Yesterday was simply the third time because of that rejection we broke below the ema line and i wanted to reduce my position size. I had 3 000 shares. I reduced it to 1500 shares and you can see today that i have over 2 900 shares uh. Today i bought at 49.59 with 1500 shares of amc, so this drastically right.

If you do the math, 15, 000 or 1500. Shares of amc is roughly 75. 80. 000.

amc dropped today alone right now, it's only down eight percent only right, but at the point that i bought at right 49.53. It was down over 10 percent that saved me by taking out eighty thousand dollars. It saved me eight thousand dollars so overall, i'm very grateful for again all the green days that amc has blessed us with. But, let's be honest, let's never be afraid to reduce our position size when things look overbought or there's indication of a resistance level, and we continue to get rejected so now because of what i did right, i was able to buy the dip and if it does Recover as it does not have to right, but if it does recover and we recover back to 55 a share, which is where we close that yesterday, then i can make back that difference with that 80 000 buying power all together right now.

I have a little bit over 146 000, i'm very excited to see how it plays out, how it performs i'd love to buy more amc, but the direction has to be in my favor we've been getting rejected all day. Until now we are actually trading above the estimate line and we'll see if it holds, but this is kind of the overall market as of right now we start very strong and then it quickly pulls on back the same thing with tesla the same thing with the Overall, nasdaq market nasdaq market today hit 14 000 very quickly. If you guys uh scroll all the way down or look for forward slash, nq or ix ic, you can look a little bit more into it that we hit 14 000 very very quickly, and then we quickly pulled on back. So it's a step in the right direction for overall tech, most of my tech stocks are either just you know.

Some are red, some are green, but it's not very much right. Amc was going to be my biggest focus today, just due to how it pulled back. I wanted to make sure that i bought in at the right time and that i bought in with a dollar amount that made sense to me. So, overall, i show you guys my green days right and i wanted to make sure that i show you guys the red days as well.

I shared my plan with you yesterday uh it wasn't that i wanted to. You know, see amc crash uh. There's no point of that. I still had 1500 shares uh right, so i still wanted amc to go to the moon just like everyone else, but there's an obvious resistance level and i didn't want to hold 3000 shares, so i decided to hold 1500 shares as it pulled back today.

I happily bought those 1500 shares at a 10 discount and i'm happily gon na be buying more as it recovers, uh or and if it recovers right, because we don't uh uh, we don't have to see a recovery for amc. So just make sure you take that into consideration right. I really do appreciate you guys time uh. Today's video is simply just an update.

Um again, i'm not here to upset you, i'm not here to tell you that i'm an ape, i'm not diamond hand. I don't care about that stuff. I'm here today, trade, i'm here to manage my risk, um and i hope and wish the best for each and every single one of you um. I hope that you guys can implement some structure with your trading with your investing whatever it is that you do, but just make sure that you have a plan, so you don't get left in the dark.

Like always, i hope that i earn your thumbs up. Consider subscribing - and i will see you tomorrow for our live training session. If you want to watch me, trade live tomorrow at market open, that's that second link down below until then, like always, let's make sure that way in the year on agreement, take a tasty team.