Stock market is testing a critical support range on the 4 hour time frame and if it breaks below it could see a big drop! This is my plan to prepare!
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Thank you for the support, the best way to reach out to me is through our private discord chat, please DM me.
1. 🚨 Message me any questions: https://discord.gg/kwVQtmu
2.✅ LPP 2.0 $175 OFF (Daily Live Trading): https://rb.gy/6oau5
3. 📸 Instagram: https://www.instagram.com/rickygutierrezz/
4.🖥 Apparel For Traders: https://shoptechbuds.com/
5.📊 Free 12 FREE Stocks (WEBULL): https://a.webull.com/i/RickyGutierrezYouTube
For those who are interested in Trading & Investing, I encourage you to join Our Free
Trading Group of over 300,000!
#stockmarketcrash #stockmarketnews #marketcrash
The Federal Reserve conducts the nation’s monetary policy to promote maximum employment, stable prices, and moderate long-term interest rates in the U.S. economy; promotes the stability of the financial system and seeks to minimize and contain systemic risks through active monitoring and engagement in the U.S. and abroad; promotes the safety and soundness of individual financial institutions and monitors their impact on the financial system as a whole; fosters payment and settlement system safety and efficiency through services to the banking industry and the U.S. government that facilitate U.S.-dollar transactions and payments; and promotes consumer protection and community development through consumer-focused supervision and examination, research and analysis of emerging consumer issues and trends, community economic development activities, and the administration of consumer laws and regulations.
Thank you for the support, the best way to reach out to me is through our private discord chat, please DM me.
I messed up. There's no reason to sugarcoat what happened today today I had a pretty steep red day. um I was caught on the wrong side of a trade. My green streak has now ended I've been on a hot streak for the past two and a half weeks.
I mean I was at the cusp of 200 000 of gains. Uh, in just the past two and a half weeks of trading. Um, just like even last week last week I made seventy two thousand dollars in five trading days. Uh, very grateful for it.
Uh, but today. Um, it's not necessarily a tough pill to swallow. it comes with the territory. I trade with half a million dollars.
So obviously you know not every day is going to be a green day. and if I trade with more money I can't just expect it all to be rainbows and butterflies with big position. size comes great responsibility. and today I paid the price for it for a very simple mistake.
but very simple mistakes when you trade with a decent amount of capital cost a lot of money. So ten thousand, one hundred and eighty nine dollars is what I lost today my did not want to sugarcoat today I shared this with my Lpp team I mean I made it very obvious that based off of Friday's resistance, we were testing that resistance range at one point today I was up ten thousand dollars so not down ten thousand I was up I I got greedy I was so obsessed about hitting my Milestone of the 200k and guess what? a very simple mistake of not locking in profits, not respecting previous patterns I mean when looking at QQQ it's very easy to see that we were testing previous support range. When looking at the four hour time frame, we were above a very critical support range and yet I continued and continued to ignore the fact that we are still above the moving average. The market that's been more bullish than it's been bearish.
And guess what? it doesn't matter how much I'm up in the today or how much I'm up in the past week or in the past month because at the end of it right if I'm trading based off of and that's what I was doing today. The very simple mistake that I made today is: I refuse to respect previous resistance levels I refuse to respect that resistance that it was obvious right for everyone and because of that lack of respect that I gave to previous patterns I got greedy I was so focused on hitting my Milestone that literally only matters to me has no correlation to the trade opportunity and I paid the price and I know I've made this mistake in the past before I Probably will continue to make the mistake in the future, but my job is not to be perfect. My job is just to work on what I could have done better and I could have sized down instantly right when I was up 10K and started slowly giving some of it back I could have seen that the market Direction was beginning to change I mean there's so much that I could have done differently. Uh, I don't know if it was because I was coming off of this hot streak that I was more confident that I thought I could get out of it.
This is where again ego is a big issue in the stock market. Where the stock market will make it very easy for you to understand if you have an ego issue. But today I feel like the mistake that I made was very, very simple. I was not respecting previous patterns I was only focused on the dollar amount that I was up or down because of what I wanted to hit and guess what I paid the price for it. This is why we talk about the blind Trade in challenge. This is why we talk about not focusing so much on how much you're up or down because that has no correlation to the actual trade opportunity itself. But the actual trade itself has everything to do with when you should be buying or selling. at least for me, right? If I would have focused on that simple principle that I literally talk about all the time, I would not be in the same position that I am right now and again.
I'm not here to oh my God feel sorry for me, you know. Oh, like you know, I had a red day? No. I Uh, this is. this is all part of it right? Um, red days are always right around the corner.
My job's not to avoid risk, my job is to manage it I Just could have done things better I Knew that this red day was right around the corner based off of this hot streak that I was having. and I want to share it with you guys I Want to remind you that no one is Invincible We're always going to have red days I Mean you can have three, four red days a week and still end up in the green on a weekly basis because it's all about how you manage your loss right. You can take 50 or 100 losses, but if your wins are 500, then they outweigh outweigh those losses, right? And this is just a reminder that that position size is super important. This is also a reminder that you can't just want to begin to trade with more money and want all of the good that comes with it and not want to tolerate any of the bad.
I've shared this on Instagram today I'm going to be sharing it on Twitter and I wanted to share it with you guys here on YouTube as well I wanted to use myself as an example where again I Love sharing my thought process with you guys on both my green days and my red days because I feel like there's always takeaways especially on these red days. where sometimes I mean today I Definitely made a mistake. but I just received a message on Instagram and it was very clever because it was said in a very specific way where even when you do have red days, it's not necessarily that you did anything wrong. it's just that you know red days also mean that you manage your risk and each open trade is open to risk.
And if you end up cutting losses on a trade because it's just no longer going according to plan and you're managing your risk, then so be it. It doesn't make it a bad trade, it just means that the direction changed on you and it just ended in the red, right? But you holding yourself account honorable and keeping those losses small. That is the positive takeaway and what what I think is most important. So I wanted to share again. not just my successes with you, but of course my failures. I Hope that this just is an encouragement for all those that are sometimes hesitant to lock in profits because of this made-up Milestone that you think is very significant to you. Just remember, you're the only person in the world that's ever looking at that dollar amount that really doesn't matter to the actual trade itself, right? The dollar amount that you're working towards is insignificant to the actual trade opportunity. and this is why it's so important to have a plan and stick to it.
And don't be cloud or don't Cloud Your thoughts based off of how much you're up or how much are down because that's completely irrelevant to the market when it comes to the actual trade opportunity. So excited to take on the challenges that Tomorrow presents. and I'm going to be doing that with the Lbb team. So again, if you want to be able to watch me trade live as soon as tomorrow, it's the second link in the description down below.
Feel free to share your thoughts down in the comment section and if you have any questions, feel feel free to send me a direct message via Discord And that's the first link in the description down below. I Appreciate your time, Hope that runs a thumbs up. Please consider subscribing And like always, let's make sure that we end the year on a green note. Take it easy, team.
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Claudia Jenkins.
lol, rekt lil bro
I’ve been watching you for a while and learned a lot. I feel somewhat confident in trading but unfortunately I work 5am to 5pm so I won’t be able to trade.
Ilove you ricky
Thanks for sharing your humanity and honesty. We learn everyday until we die.
Thank you.
For. Sharing
It help to see red days
And to lean how to lose. With out losing it all .
To be genuine is above everything, good luck next time!!!
Ricky if you just invested in meta for long term you would be safe brother
Good lesson, Thanks for sharing
It’s called
“Coulda Shoulda Woulda”
Hopefully we all that follow you learns from you mistake
I shorted Russel today
the u should be substituted by the * brother haha, careful for ytb not to strike you down
I love your content. The way u present it. Humble man ❤
This is why we all follow you so diligently Ricky, thank you for everything you do for us.
You still win mate.. $10k is nothing for u .. next day you will post you won $10k 😂
😅 the same literal shit happened to me today, bro it is what it is we just got improve!
Why you did do this Ricky. Do you know many guys you let down this time?
Hiding your Open P&L never fails.
Thanks Ricky for keeping it real.
Thank you Ricky for being so open and honest. I learnt from your experience.
THE FEDERAL RESERVE PRINTING MONEY DOESN'T CAUSE INFLATION. ITS PEOPLE PUTTING UP PRICES THAT CAUSES INFLATION.
It’s all part of the trading job. I call red days – paying tuition 😅
I'm on my 17th consecutive win today! 1400$, appreciate you sharing your loss with us Ricky!!
Everyone tuned in for this one. Thank you for sharing a red day. I like seeing both sides of your trades
There will always be another play
Ricky, thank you for sharing this, but don't beat yourself up. You have a lot more green days than red and we see that because you are so transparent which is appreciated. You have shown us that you are not completely invincible to the red days. It is okay. Shake it off. You are amazing at what you do and you are an inspiration to sooo many!!! Thank you for being you!!!!
Respect for making this video and being humble. Light years ahead of most.
Today was a hard day to trade. I should have stayed out of the market.
Thank you Ricky for sharing this! Much appreciated you sharing green and red days with the same balanced attitude!