So did I lose everything because I bought everything? No, definitely not what's going on guys, it's Ricky would talk about Solutions again just like I explained in yesterday's video. Uh, one thing that I talked about is that I Was preparing for the NASDAQ Market as it's oversold, right? it's pretty uh much. Common Sense We're approaching previous support range so obviously it's in my best interest to you know, not only make myself aware, but just like we talk about here on YouTube to make everyone aware of previous support levels. Yeah, patterns tend to repeat themselves, but they don't always have to.

And just like I explained in yesterday's video, right, I'm waiting for confirmation I'm not carrying a position overnight until we get that confirmation. So with us with Tqq being down 3.4 on the day, right on the one minute time frame and gap down from yesterday's performance I locked in my profits yesterday I made twelve thousand dollars yesterday on TQ the day before that the the previous trading day on Friday I made 35 000. I closed out that trade I closed out the trade that I took yesterday and today I have not opened up a trade I just talked to my Lpp team during our live training session and just so you can see I have my one lucky share and it's the same position that I right? I'd leave myself open with one lucky share every single time I have no open position. the same thing with um, ask QQQ I Felt like I missed out on this one because it gapped up overnight and I was okay with just not entering SQ as I view it to be too overbought now.

but I think that this is a concept that a lot of people struggle with when they're just getting started. I mean you'll be able to see it in the comments section when people are like aha, you know you missed out on this trade or you know I can't predict the future I I Could not tell that oh you know, ask you he was going to Gap up right? Um, it's great. It's great that if you held that position I mean you probably lost yesterday on SQ EQ but you had a nice little comeback today which again is still a great and positive takeaway. My thing is I mean I trade with a little bit more money I would say than the average beginner trade I showed half a million dollars right? So therefore it might my position to carry a position overnight and just hold it just because I can isn't something that's going to be in my best interest right? I Need to look out for myself? You need to be selfish I need to be selfish and one of the most important things is understanding the importance of patience and waiting for proper criteria and Confirmation to be met.

and we just haven't seen that yet, right with QQQ So although I do view it to be a little bit on the oversold Side based off of recent patterns, I'm ready I'm ready still to buy everything right. But I know that I It's in my best interest that regardless of of the setup that we have here that need to stay patient and wait for this proper confirmation of this reversal because I've been burned enough that where I do try to buy the dip or I do try to. Let's say short the market as we're at a support range and then all of a sudden then the market begins to recover and that's the last thing that I want. We're at a critical range right now where where we're testing support now.

If we show progress on the downside, then I'd be more than happy to continue to short the market with all of the Bears right? But I need that confirmation. As of right now, we have none. We're still at that same support range and we're still not validating anything. We're still testing potential support and testing a potential resistance.

Uh, reversal, right? Um, I do want to share with you a series of economic reports that were released this morning. during today's live trading session. We had the Consumer Confidence Report and the new Home Sales. Consumer Confidence came in at 103 when the expectation was 105.

It did cause the market to sell off a little bit more New Hope Sales came in a little bit lower than uh, than what was expected at 675 675 000 versus 695 000 which means um, less new homes are being sold than what was expected. Again, it's an economic report, but it's not the end of the world. Um, as of right now, in the one minute time frame, it looks like we are trying to test this reversal on this EMA but this looks like a fake out to me, right? So Ricky Okay, well now is it time to jump into Tkq and again, this is where patience comes in and this is where is your criteria being met even if I don't trade today, right? Even if you don't trade today, it shouldn't be the end of the world, right? A solid opportunity with clear Direction and good risk to reward ratios. Does it need to present itself every day, right? Let's keep trading simple and out of the 252 trading days that we were given every single year, if one day you know it just happened to not take a trade, it's okay, right? because you held yourself accountable to the point where you didn't open yourself to some form of risk that you weren't comfortable with.

and as of right now, I'm waiting I'm waiting to see if we show progress Above This EMA for a potential trade on Tqq, right? But if we continue to get rejected then I'll continue to cheer on the Bears right because the NASDAQ Market as of right now is selling off as it doesn't take away anything from it, right? I Have no open position on either side right now. I'm just waiting for literally conditions to be more favorable either more bullish or to break below that support on the one hour time frame and to be confirmed that we are more bearish, right? And that's on QQQ as we can see right on over here. So I'm excited to follow up. I'm still getting ready, right? It's markets tends to be more bullish than bearish, so I'm still ready If the market does begin to recover, I'm ready to step on the gas.

but if the market does begin to sell off, I'm also ready to short the market with all of the Bears And that's the thing. Put yourself in a position to succeed. Stop, You know, over complicating your trading or feeling the need that you always have to be right every day. There's nothing wrong with taking a step back.

and if conditions are not as favorable to Simply, take it as that and just stay patient, right? And if you don't trade that day, it's not the end of the world. So if you haven't any questions about today, feel free to shoot me a direct message via Discord I'm very excited to follow up and that one time frame, right? That one hour time frame is everything for me. Are we going to break below or are we going to break above and confirm that reversal? Only time will tell. And that's why we set alerts and allow the opportunity to present itself.

So I'm excited to follow up. I Hope that a thumbs up. Please consider subscribing if you have any questions, shoot me a direct message, and if you want to tune on into one of our live sessions as soon as tomorrow to be able to watch me trade live, that's the second link in the description down below. I Appreciate your time like always.

Let's make sure that we're in the year on a green note. Take it easy team.