What's going on guys, it's ricky with solutions, remy wanted me to go, live and explain to you guys. What's going on with the market, i wanted to update you guys on my position, but not only my position uh, but i'm getting a lot of questions just because it's one of the first screen days that tkq has had in quite some time. I wanted to share my honest opinion regardless if i'm invested or not um and again, i hope that you learned something new and if you don't smash the like button for me, hopefully you can do it for remy, so let's go ahead and jump right to it. Uh, just like i updated you guys yesterday on my red day on t kiki cube, i'm up 22 000 today on it today, uh, obviously because i've been screen performance, a lot of people are asking if we should begin to average up, and this is something that I feel like a lot of beginner traders experience where, at the first sight of a green day right the market's been selling out for five months and at the first sight of a green day, they're so eager to average up if the five.

If the past five months have taught us anything, it's that confirmation is key and that you cannot get too excited or too hopeful at the first sight of a green day. With that being said, although i am invested in tqq, one of the things that i want to make you aware of is i don't want to be like other people and try to convince you to trade, the same things that i'm trading. I would, if anything, encourage you to kind of hold back. I want to look out for the beginner trader.

I want to make sure that you don't get in and then have to cut losses or get out earlier than expected and maybe wasting a day trade because you might be under the pdt rule things i have to take into consideration, because i know everyone cannot tolerate The same risk that i can and rightfully so with that being said on the one hour time frame, i would encourage you whatever stock. It is that you're looking at, i would encourage you to see with tqqq. We could see that it's still getting rejected by the moving average. This has happened for the past three weeks.

We have not been able to break above it. That is a huge, huge resistance level. You can see every single time it tries to break above. What does it do? Remy gets rejected, tries to break above? What does it do? Gets rejected, tries to break above, gets really close right.

This was the last time this was last weekend on wednesday. It shot up, gets rejected, so now we are retesting if you want to go in for a short-term swing trade and potentially just write it up to the moving average. That's up to you, but one of the things that we always talk about is direction is not in your favor and just because i'm okay with taking that risk doesn't mean that you have to, and i want you to be aware of this. But with that being said, yes, tqqq is beginning to show some signs of a support, but no overall direction did not change.

I'm not here to sugarcoat things, i'm not here to make it look better than what it is. I'm telling you this as i have. As of right, now, i'm not going to hold this entire position, but i'm going to hold about 10 000 shares. I'm telling you this is that i have hundreds of thousands of dollars in tqkq that if i were you if i was under the pdt rule and if i was trying to be more conservative, i would not buy in just yet the re.

It's not that i don't think tqk could go up. I do, but i think that it has a lot to prove and i think that we really need to break above this moving average right remy. This moving average on the one hour time frame and i think that's something to work towards my job when it comes down to my youtube channel and my job being a part of our learn plan. Profit group is to look out for our beginner trader and regardless, if it's in my best interest or not, i want to make sure that i do that right and i i hope that you can.

You can see that um. Of course, i would love for you guys to jump into tkq if it makes sense to you, but if it doesn't, please don't do yourself a favor, don't don't risk something that you're not willing to tolerate because it is more bearish than it is bullish. So make sure that you put yourself in a position in which you can handle, and that's really just it so wanted to update you guys on my position. If you're part of my learn plan profit group, i will update you guys in the main chat room when i decide to reduce my position size and also remember tomorrow, we're having an in-person training at the hq talking about risk management.

So if you're part of learn, plan, profit or you're thinking of joining make sure you sign up by tonight, and i will see you tomorrow at 3 p.m. At the hq. Our hq is located in chandler arizona, and this is all included if you're part of learn plan profit. So again, all the info will be down in the description if you're ready to join our team and if not, no worries.

I hope that it earned your thumbs up and again, if it's not for me, make sure you smash the like button for remy. I wish you guys nothing, but the best and like always, let's make sure that we end the year on a green now. Take it easy team. Thank you.

Remy.