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Hey, what's going on team quick little update on my tqq position? Uh one wasn't on wednesday. We had a four thousand dollar day yesterday. You know and i locked in profits right away on wednesday the market sold off. I think i was down.

I made a video about it. I was down four hundred dollars. I really didn't get right at a very small position. Size people always ask.

Well, when do you know when to buy simple or the directions in my favor, when it's indicating signs of growth, uh and as of right now, tqeq is indicating signs of growth i'm up over 1700. On the day i wanted to show you i wanted to show you my buy orders. I did not buy at the best price point i didn't buy at the lowest price point um. I have actually my new baby girl right down here and she kept me up.

All night right, so i slept through market open by the time i woke up. Tqkq was already indicating signs of an uptrend, so guess what i began to jump onto this and you can see that my buy orders were not the best. They were not at the lowest price point, but i i made sense of of the opportunity that presented itself uh and now it's looking bullish still, but one of the things that we need to remind ourselves is that again, i don't want to sound like a broken Record but it's true, the market has been bearish for the past four weeks. Almost five weeks, it's been selling off so because of that, it's true direction.

Right now is bearish. So if i'm up on the day, i'm probably not going to want to hesitate to lock in profits, so i wanted to show you it's not that i don't think tkq can continue to indicate signs of an option. I know we can. It has a lot of upset margin, but there's a difference from entering from a day trade and those principles and entering for a swing trade and then those principles and criterias uh.

So i wanted to show you guys, firsthand um and and encourage you to stick to your plan. If you intend to swing trade it and you have a small position size right now and you plan to average up great, i'm right there with you. If you're choosing to day trade it like myself today, we need to understand that the overall direction is not in our favor. Just yet again, we have so much margin to work with right from where we're at right now, if tkq makes a full recovery, that's 67 margin, that's insane! Absolutely insane! I don't have to you know, buy in super early with my full position and then cross.

My fingers and hope that it it continues to uptrend. No, i can day trade it when it's bullish and then, when it begins to actually make higher highs on the larger time frames, then i can choose to swing to it. I can choose to be selective and that's the thing that i want to remind you, i'm using tkq. As my example, i don't know what you're invested in you might be invested in tesla tesla dropped to lows of 800.

Today it made for a good day trade. Big difference from swing trading tesla to day trading tesla today right. Why well tesla's been bearish right for the past couple of days past couple of weeks. These are all the stocks that i'm paying attention to lsi amd costco, starbucks, sofi, nvidia, microsoft, amazon, apple, facebook and then, of course, tqqqqq trust me.
I would love to swing trade all of these stocks, but i need to make sure that i swing trade them when they make sense when the directions in my favor, not just because i can or because i want to that's, not an actual reason right. So again, it's the simple steps that we take today and how we prepare that will make a big difference in the future. I truly do believe the market will recover. It will be very rewarding, but it's not just about that certainty.

It's about making sure that the dollar amount that you have invested now if the market does get worse as it can, let's openly talk about it that you don't become super irrational and super emotional, because you're so heavily invested right now, right, it's much easier than done When the market recovers - oh my god, i did such a good thing. I bought the dip and i bought with a lot of money yeah, but you know that's looking back think about it. Every time that there's ever been a recession, it was viewed as an opportunity, but every time that you're in a market crash or in a recession, it's viewed as risky. It's all perspective right so make sure that the steps that again you take today are something that benefit your future self.

So i'm going to begin to lock in profits here at these overbought levels, i'm going to continue to update you guys on discord. So if you guys want to join my free trading discord, that's that first link down below also don't forget. I trade live every single morning at market open with our learn plan, prof group and they're. The only group that i work with on a exclusive and closer basis and again that's that second link down below, if you guys want to follow me on instagram.

That's that third link down below, but i'm super excited to follow up with tkq with the overall market. But i just want to remind you that it's still super early to get very confident the market's been selling off for four to five weeks. One day of a green day does not mean confirmation of a reversal understand the difference. Appreciate you guys.

Time hope that i earned your thumbs up, please consider subscribing and like always, let's make sure that we end the year on our green now. Take it easy team.

By Stock Chat

where the coffee is hot and so is the chat

21 thoughts on “Is this the bottom?”
  1. Avataaar/Circle Created with python_avatars Irrri Descence says:

    Everytime you are in a market crash, it is viewed as risky.Everytime you look back at a recession, it was viewed as an opportunity. TRUTH

  2. Avataaar/Circle Created with python_avatars Simon Larry says:

    thoughts on LUCID?

  3. Avataaar/Circle Created with python_avatars Lorenzo says:

    Please who can recommend me to a professional trader?

  4. Avataaar/Circle Created with python_avatars Anthony R Corona says:

    Big ups, team! Big ups

  5. Avataaar/Circle Created with python_avatars Matthew Mc says:

    Hey please send me a link to yesterdays discount

  6. Avataaar/Circle Created with python_avatars Sunny D says:

    Congrats Papa Ricky! The joys of being a parent! Baby keeps you up all night!

  7. Avataaar/Circle Created with python_avatars Kiekena says:

    swooooOOSH

  8. Avataaar/Circle Created with python_avatars Kiekena says:

    SWOOOOOOSH

  9. Avataaar/Circle Created with python_avatars Elzon1 says:

    Probably not the bottom yet. SPY is bouncing off support. It could easily drop back below it today. The FED want's things to sell off a bit.

  10. Avataaar/Circle Created with python_avatars kill the hunters save nature nature says:

    Are you teach short term long swing ?? That what I like …1 or 2 o3 days swings …as i see they work better in market crash, that the 1 week swings or 2 weeks 🤔

  11. Avataaar/Circle Created with python_avatars Karolina Borkowski says:

    I think we’re still at the top!! I have TQQQ at 55.98… and I have another reorder at 45.06

  12. Avataaar/Circle Created with python_avatars hubby says:

    I hope so!!!

  13. Avataaar/Circle Created with python_avatars Gregory G says:

    Bich you guessed it.. woo!

  14. Avataaar/Circle Created with python_avatars Mojtaba M says:

    Yes

  15. Avataaar/Circle Created with python_avatars Mike Richards says:

    Don't care. AMC and GME is all that matters!

  16. Avataaar/Circle Created with python_avatars The Good Chad says:

    Word

  17. Avataaar/Circle Created with python_avatars Oscar Islas says:

    🔥🔥🔥

  18. Avataaar/Circle Created with python_avatars HerrysBlessed says:

    Don't be dumb

  19. Avataaar/Circle Created with python_avatars eyeonme 21 says:

    Your info sucks

  20. Avataaar/Circle Created with python_avatars nguyễn mạnh says:

    First

  21. Avataaar/Circle Created with python_avatars The Good Chad says:

    Word

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