What's going on team, it's ricky with tech, bud solutions and another update for you guys on the day, uh tesla down five percent uh, a lot of you guys know if you guys were literally just following our channel as of last week, um after elon announced that You know first off tesla was already overbought. It was at twelve thousand fifty uh. It has not pulled back for like a month to month and a half uh. It was already overbought and then he talked about you know having to pay taxes and all that good stuff um.

After that, it really caused a lot of selling pressure um. He began selling a couple of the shares tweet after tweet. I just feel like it's been a continuous dang downward spiral. I decided to begin to short tesla really when and not even at the best time.

I didn't start shooting tesla like up here or up here, and it's one of the things that i actually shared within today's live trading session that you know i was beyond like my trade with shorting tesla was beyond perfect. It was. It was not anything that was like ideal. I did a good job.

I didn't do a perfect job uh, but we just had such a good live trading session. Today we talked about such important topics. I've nearly closed my entire short position, so i've gone from 120 to 130 000 shorting tesla. Now that we broke below a thousand dollars a share, i'm going to now be a little bit more careful.

So now i only have 30 shares so a little bit under 30 000 shorting tests, i'm up over 4 000 on the day. I've again only been really shorting tesla for about four days as it's been bearish right. There's. A reason behind everything is that we do and it's first off shorting comes at a greater form of risk, especially you know when, when tesla's bullish, it makes no sense to short it right.

A lot of people were asking me to short tesla uh because of how overbought it was. That's just more hopeful right, because there was no indication of a pullback, but then once we actually began pulling on back just like every single time right, a stock pushes up. There's no question that it will crash: it will eventually pull back and there's not one stock in history that has ever gone up within a very short period of time has gone up that much and then doesn't correct itself. It is literally how the market works, and if you couldn't see that happening, then i'm sorry, like we've talked about preparing at overbought levels and understanding oversold levels and then now that we're approaching a potential support level on the four-hour time frame.

Now it makes sense to maybe not short tesla as aggressively and or completely cover my short position and maybe buy tesla to go long right now, tesla's, not indicating any signs of an uptrend or any signs of growth. But we have pulled back enough that it could begin to establish a support level, so i actually wanted to invite you if you guys wanted to watch today's live trading session. It's just a raw trading session, so you're gon na need 30 to 40 minutes, because that's how long this live training session was, you guys can click the first link in the description. It's just a raw video from today.

This is what it's like when i trade live with the learn plan. Profit group - and i just explained my thought process as i'm shorting tesla. Why i'm covering? Why i'm adding to my short and then i give a couple of tips to absolute beginners that are just you know, getting started and or struggling, so i really enjoyed today's live stream. It had to be one of my favorite or top 10 favorite live trading sessions.

I'm sure if alarm plan profit members watching this uh, they can agree but um yeah. I think that we did a really good job. I'm just uploading this video uh, letting you guys know that i'm pretty much just closing my short position. I feel like again tesla when it gets going and when it goes bullish it really gets going and i don't want to be caught on the reversal of that.

So i'm gon na you know take my profits, while i'm on top right now call it quits cover my short position and if anything, if tesla begins to indicate signs of a recovery, i'd love to jump jump in on tesla and maybe go long on it. If it actually begins to indicate signs of a recovery, so as of right now, i'm just going to probably close my short position and then let it bleed, let it find the support. And then, once we see a steady sign or indication of a recovery, then i can follow up with tesla and you know either go long on it or if we break below the moving average um, then i can maybe short it again. So until direction is more clear, i'm probably not going to touch tesla, and this is just my follow-up, video letting you guys know about that so um.

I really do appreciate you guys time. Today's video is very short and sweet um. I never want to try to like gloat while i'm in the green - and i know other people are potentially in the red as tesla's down four percent uh. All i'm sharing with in today's live trading session was why it's so important to always just be well balanced and, if you're kind of struggling today, i really do think that you would really benefit from today's live training session and again.

That is that, first link in the description, you can maybe comment down below uh what your thoughts of the live training session was. So i really do appreciate you guys time hoping to wish you guys an amazing rest of your day. I hope that i earned your thumbs up and, like always, let's make sure that we in the year on our green now test um, take care team, my my goodness.