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what a beautiful end to the trading week what's going on team it's Ricky here with techbook Solutions hope that you guys are all having an amazing day I hope that you learned something new and if you do please consider dropping the thumbs up and subscribing to the channel if you feel like I earned it let's go ahead and just start sharing my screen so you can see exactly what it is that I got going on here 5371 and 48 cents so 5 371 profit is what I made on tqq I locked it in I left myself with my one lucky share and from 20K on the day check this out not only did I lock in profits on my first video right very grateful that I did some people like to say Ricky why are you always needing to lock in profits and then you change direction and then what do you think the whole point of day trading is right it's it's when you identify that there could be you know a potential resistance that you play it safe and that you lock in profits to protect your downside right it's not rocket science so I locked in profits it pulled on back I got in early right so I was down um like 4K or something like that uh at one point I went from 24K all the way down to like 19 or something like that 19k um and then this thing began to take off I kept my learn plan profit team up today I added more to my position size and then we went from 20K all the way up to 35k and I left myself with my one lucky share so 35 217.32 and on tqq 5 371 for an overall um gain of forty thousand dollars on the day I'm very grateful for how today played out I mean that's nearly a 10 nearly 9.2 something like that 9.2 percent return based off of my position uh size of what I tend to trade with um and I'm just there's a lot of areas of opportunity right like my exit was not perfect when I went into sqq my trade on tqs I sold super early right my main focus was position size and locking in profits right away so I locked in profits Midway here it continued to Rally I didn't expect that you know there's a lot of consolidation here so if you go on the five minute time frame some Traders like to over complicate their trading we like to keep things simple within lpp I talk about this all the time right it was showing signs of it being overbought broke below the EMA line then we broke below the moving average and that's when the action began to actually happen this thing does the opposite right so when tqs is overbought and that's ready to pull on back then this is why I like treating sqs when we get that confirmation on reversal added more to my position size and then we locked in profits as we approached a previous or pre-market resistance and again my entry was not perfect my exit was not perfect and by by being a not so perfect Trader I still walked away with 35 000 on sqs and five thousand dollars on tqs altogether over a nine percent return uh between both ETFs and again it was not a perfect day and this is just a a constant reminder the reason I keep saying they're not perfect is I want to remind you I want to feel comfortable with not being perfect there's so much to learn in this market if you focus so much on trying to be perfect with your answers and your exits you are going to get burned right the stock market is a horrible place to learn that you have an ego problem and you'll see people in the comments section you can tell right away who will not last yeah they might be trading for a couple of months until they burn through a couple of accounts and it's because of their inability to stay disciplined it's their inability to learn from their mistakes and that's all we ever encourage you guys to do right it's to not be afraid to make mistakes and to do them in a tasteful way meaning that you know you watch your position size so if you do lose it's not an unbelievable amount of money right but when you do lose to learn from it right that's the whole point of journaling I like to journal my trades both green and red I find myself learning more from my graduate but even on my green ones I like to point out what I could have done better right where my position size lacked uh my my you know strong attributes for the day but all together I'm very grateful for how today played out congratulations to all of our learn plan profit traders that locked in profits both being bulls and bears you might say that the Market's rigged oh you know the market should have continued to Rally or no the market should have dropped doesn't matter what you think right the market did what it did and you had just the equal amount of chance for you to be able to play both sides but you refuse to right and that's most likely what led to your lack of success on the one hour time frame I mean it's literally a textbook setup right overall ascending uptrend pattern it was very overbought so again a pullback is bound to happen and I think that with this up and coming week if we break below this EMA line on QQQ which is the NASDAQ ETF if we break below this you know 305 support I do see the potential for us to be able to retrace all the way back down to 293 which would be you know a pretty solid pullback for the rest of the market just like we talked about it's called the slingshot approach the more that something becomes overbought and the more that it delays a correction the harder it will fall and you can either learn uh for my mistakes or you can learn from your owns right it doesn't matter it's just it's bound to happen so very excited to follow up again we focus on one thing and one thing only that's Direction so Market's selling off well short if Market is going up we go long and that's why I like focusing on these NASDAQ pair of ETFs it's as long as I focus on those one things I don't need to over complicate my trading and I'm very grateful for it so um again if you want to learn a little bit more about what I do and my focus with those two pairs or that one pair of ETFs I trade live every single day with our learntime profit group they get access to our A2Z video Lesson Library so lpp is designed for complete beginners you get access to our private group chat and access to our Tech buds HQ it's a one-time payment lifetime access we're running our biggest sell right now it's the second link in the description down below you can sign up start learning over the weekend and as soon as the Market opens on Monday you can watch me trade live for you know every day moving forward after that and yeah that's the only thing that I offer I offer nothing else so you can either learn from my free videos on YouTube you can try to figure it out on your own or if you want my help if you want structure I do not offer it for free it is going to be paid but it's through learn plan profit 2.0 so you can make the decision if you want to condense the time that it will take for you to learn then I provide this this lesson library for you if not then I wish you nothing but the best right I do want to remind you that our Apple watch giveaway does end today and our Apple watch Ultra giveaway wonderful will be selected tomorrow if you want to enter and learn more on how to enter it's going to be the fourth link down below and today and today only which is last day February 3rd we're doing double the entry so that means that if you spend one dollar that will equal 10 automatic automatic entries so that means that if you buy a 30 trading mouse pad or let's say that you buy a 30 t-shirt right that will earn you 300 automatic entries for a chance to win this Apple watch Ultron remember we don't run ads for these specific giveaways it's just some of the people that follow us your chance to win is a lot higher again if you have any questions about this or on how to enter it's the fourth link down below if you have any other questions besides that about joining our lpp team then message me via Discord or via Instagram and that's that first or third link down below I appreciate your time hope that earned your thumbs up I'm usually the Weeble trading application and if you want to download it you can use my fifth Link in the description down below it is free available to everyone in the US and you will earn up to 12 free shares by using my link when you deposit at least one dollar and I will earn one free share so it's a win-win for both of us and again that's that fifth link down below appreciate your time like always let's make sure that we end the year on a green note take it easy team.

By Stock Chat

where the coffee is hot and so is the chat

27 thoughts on “I made this much $$$ shorting everything…”
  1. Avataaar/Circle Created with python_avatars Whats App+①(⑧⓪⑨)⑥④①-④⑥⓪⑤ says:

    ❤️❤️❤️❤️❤️❤️❤️

  2. Avataaar/Circle Created with python_avatars Spy Trader says:

    You know Ricky made alot of money when he can’t hide his smile. Lol

  3. Avataaar/Circle Created with python_avatars Jeff Finlay says:

    As Rick Flare would say "Woooooo"!Called another one sensai you the man!

  4. Avataaar/Circle Created with python_avatars All We Do is Twin! says:

    Glad for you

  5. Avataaar/Circle Created with python_avatars charles oparah says:

    Hello Ricky. I certainly love how realistic your trading videos are. Please let me know what trading platform you use [td ameritrade or which one].
    Again thank you for the videos.
    Best

  6. Avataaar/Circle Created with python_avatars Jonas Winterstein says:

    Did you made these gains all on your livestream?

  7. Avataaar/Circle Created with python_avatars Raul Diaz says:

    Bro be realistic, don’t throw those numbers out just like that, explain to people your average price at least and how long have you had those positions for. People get false expectation by l this type of unexplained numbers.

  8. Avataaar/Circle Created with python_avatars Nancy MBE says:

    <<Thanks for the update and keep doing what you do. My journey in the current market has taught me a lot of lessons, at the top of that list is that it never pays to live above one's means. I have managed to grow a nest egg of around $600k to a decent 7 figures in the space of a few months. Sad to say but a lot of us have poor money management skills. My 2 cents -get an advisor to keep you accountable and aid you make better decisions, Vivienne Ashcroft has been helping me a lot, all through my journey. I find it better to pay a little bit more for peace of mind than worry about money or market trends and still get burned.

  9. Avataaar/Circle Created with python_avatars DUNK TIMETM says:

    It is what it is lol just another break even week

  10. Avataaar/Circle Created with python_avatars Booneboarder says:

    Great job like always Ricky. Thanks for sharing.

  11. Avataaar/Circle Created with python_avatars Daniel Ledbetter says:

    Wow Ricky, you are totally awesome! Love you're videos

  12. Avataaar/Circle Created with python_avatars CUTON1C says:

    Good shit, ricky! LFGGG

  13. Avataaar/Circle Created with python_avatars Rutvik Patel says:

    I have small account with 12k cash and 12k margin, so can I still day trade TQQQ and SQQQ as long I don't spend more than 12k cash balance without triggering PDT? Im still new to this trading stuff.

  14. Avataaar/Circle Created with python_avatars supras7 says:

    Hey Ricky, why don't you day trade daily options, your TA is perfected to your trades , if you play it the same way your percent gains would be alot more

  15. Avataaar/Circle Created with python_avatars Jeff Pierson says:

    I enjoy the videos and have chosen so far to learn on my own. I'm trying to go for a swing strategy. I have notice you have been more focused on the etf pair lately. I'm just curious, is that because of uncertainty in the market atm?

  16. Avataaar/Circle Created with python_avatars A M says:

    Powell is speaking again Tuesday 12:40pm to correct himself and will kill this rally for good.

  17. Avataaar/Circle Created with python_avatars Ahad Khattak says:

    i just bought the course where can i see you live

  18. Avataaar/Circle Created with python_avatars Prairie Bilton says:

    I've followed Ricky for years and anytime I ever made a mistake was because I was trying to be greedy. I have had to kick myself in the butt many times but yet to blow up my account 😁

  19. Avataaar/Circle Created with python_avatars ToxiicZombee says:

    Let me guess… baby scratch ur face mines always get me too freaking brat lmao

  20. Avataaar/Circle Created with python_avatars Riverdog Savior Of The Universe says:

    Can someone tell me what moving average he's using

  21. Avataaar/Circle Created with python_avatars JustCallMeDope says:

    Hope y’all are having a great year. Month 2, lets get after it! 🤝🏻🔥😎💰💰🙏🏻

  22. Avataaar/Circle Created with python_avatars Only Asian says:

    So would you think stocks will sky rocket by next week?

  23. Avataaar/Circle Created with python_avatars John T says:

    So you had 400k capital on this trade.. that seems risky sir.. but your gamble paid off this time

  24. Avataaar/Circle Created with python_avatars D3ath1y Gaming says:

    LPP member here, I mostly see bag holding and then buying to recover. Very grateful you are able to hold through really large losses for a recovery.

  25. Avataaar/Circle Created with python_avatars Olayide Alex says:

    I really learnt something new but I blew My account, I just saw your videos . Really educational

  26. Avataaar/Circle Created with python_avatars Steve Bee says:

    Nice. I was green too….. a whopping $125, lol. Somehow I just didn't want to get that TQQQ was the ride out of the gate at the open and was instead on SQQQ and some other short stuff too early. I stopped out several times but then got green, as I say, in the afternoon. I had to leave and couldn't ride SQQQ all the way to the then-obvious $35 price target where resistance was, but hey…green is green.

  27. Avataaar/Circle Created with python_avatars Stephane Deland says:

    I struggle for the last 2 days… too much focus on SQQQ but APPLE was to strong and hold the market!

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