Those moves come after the S&P 500 fell into correction territory last week. The broader index shed 2.5% for the week to put it down by more than 10% from its 2023 closing high. Itโs off 2.8% for October, on pace for its third-straight negative month which would be its first such streak since 2020 as the pandemic struck.
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1. ๐จ Message me any questions: https://discord.gg/kwVQtmu
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The Federal Reserve conducts the nationโs monetary policy to promote maximum employment, stable prices, and moderate long-term interest rates in the U.S. economy; promotes the stability of the financial system and seeks to minimize and contain systemic risks through active monitoring and engagement in the U.S. and abroad; promotes the safety and soundness of individual financial institutions and monitors their impact on the financial system as a whole; fosters payment and settlement system safety and efficiency through services to the banking industry and the U.S. government that facilitate U.S.-dollar transactions and payments; and promotes consumer protection and community development through consumer-focused supervision and examination, research and analysis of emerging consumer issues and trends, community economic development activities, and the administration of consumer laws and regulations.
Thank you for the support, the best way to reach out to me is through our private discord chat, please DM me.
I Had one of my best trading days this month today and I'm going to be breaking it down for you guys. Let me go ahead and start sharing my screen and I Really hope that you can use this as a form of motivation, right? Uh, first off, how much money do I trade with I trade with a little bit half a million dollars I Just want to disclose that because I don't want you to compare your gains to mine if you're trading with like you know, $5,000 right? It takes money to make money I Don't trade very aggressive moving stocks I don't trade risky stocks. uh I trade a pair of ETFs and uh, they follow the NASDAQ Market those are my bread and Butters and I Really hope that again, it just can make sense to you. I Walked away with 17K on the day on Tqqq and with a little bit over $11,000 on Sqqq just so you could see I have no o Open position other than my one lucky share and the same thing on Tqqq I closed out my entire position just with one lucky share.
Just like I said in today's earlier video, that was my only intention. now. Um, overall market today has been fine, right? If you look at the overall series of economic reports, we have a handful of um, you know, economic reports that are all going to be released right before the Market opens, 1 hour before 1 hour before and then 30 minutes before and then 1 30 minutes after. We will be capturing the consumer confidence report.
Um, during tomorrow's live trading session. So if you want to tune on in, it's the second link in the description down below to be able to watch me trade live and then on. Wednesday we have the ADP employment change. we got job openings, but most importantly we have the Fomc Meeting which is the Fed rate tool right? I'm sorry the uh, potential rate hike, but let me break down my series of Trades with you right? This is one thing that I'm very happy to share with you and I've shared it from even one of my earlier videos uh from the month right and it talked about some of the trading habits that I'm trying to work on and it's feeling okay and not being perfect and knowing want to call it quits? One of the first things that I wanted to share is the first trade that I caught within today's live trading session.
so the Lpp team got to see this all happen. You can see with my little trend line tool I caught um a move that offered 3 .7% right? 3.7 and then these two smaller moves from lows to high and from lows to high that were roughly right around 1.5% So two 1.5s 1, 3.7 nearly 7% is what this offered. I trade with half a million dollar I only made 11k which is roughly a little bit over you know, 2% 2.2% Well what the heck Ricky if I could have made 7% but I only made two, What? What went on there, right? Very simple I'm not a perfect Trader right? I Don't hit home runs every single trade. if anything I rarely ever hit home runs.
Ask any of the people that get to watch me trade live every morning I Do this live in front of them and it's kind of a joke, right? because I tend to enter sometimes a little bit too late, uh, or too early and then I sell very often a little bit too early. But that's okay, right? My job is not to be perfect. My job is to enter and exit successfully and I only have to capture a small run. I Would say the biggest struggle for a lot of Traders is feeling comfortable locking in profits and simply walking away. And that's exactly what I did today. Uh, kind of like halfway through the market, right? Um, and the reason why is because I've seen that if I continue to trade or I overtrade I tend to give back some of the money that I've already made right? So I worked on two main things today. The first one is feeling comfortable enough that at overbought levels I don't hesitate it. I just lock in profits right away.
right? to not hesitate to not be afraid to average out I did that very well today. The second thing that did very well that I don't often do very well is Calling it Quits early on when I'm ahead I exceeded my daily goal Dude I don't make 28k uh, every single day trading, right? So me being up 28 nearly 29k on the day I was so grateful for it, right? Um, and Sqqq was a part of that. And then the other uh, three trades that I took were on Tqq lows, highs, lows, highs roughly 1.5% and then this huge move which again we called out so beautifully within the Lpp group chat uh, that offered around 3.3% and again Altoe offered a little bit over 6.5% I only walked away with 17K right? that's roughly 3% So in this one I caught a little bit more but not that much more. right? I Still left a lot of room for margin of error and that's the beautiful thing about trading to being okay with not being perfect.
My entries were not perfect, my exits were not perfect, but guess what? I still made money and that's the whole point. So I wanted to use myself as an example in hopes that it can motivate you to be okay with not being perfect and feeling more proactive in entering and exiting successfully and knowing when to call it quits and just to walk away and enjoy the rest of your day and waiting for the next day for more opportunity to present itself because we all know I mean today was somewhat of a choppy day. Big news is coming tomorrow, then Wednesday and then Friday right tomorrow we have AMD uh report uh, earning? uh I'm sorry we have AMD reporting earnings. Then we have a series of economic reports Wednesday We have Fomc rate decision Thursday We have Apple stock reporting earnings and then uh Friday we have uh, a job report right? That's very, very important, especially as a big focus is on the Federal Reserve and monetary policy.
So very excited to continue to keep you guys up today! I Really hope that this video motivates you and it doesn't rub you the wrong way. Uh, and if so, I hope that earn your thumbs up and please consider subscribing. So if you guys have any questions, you guys know how to reach out. To me, that's going to be the first link in the description down below. You can shoot me a direct message via uh Discord Um, and if not, then again, I'd love to invite you to tomorrow's live trading session. That's the second link in the description down below and I Hope to see you there like always. Let's make sure that we end the year on a green note. Take Care Team.
Base hits
What's the yellow line on the top of the first stock and the yellow line also on the bottom of the second stock
What is the price of onschain now?
Can you review the onschain, I want to buy it
What is Onschain? What is everyone talking about?
Dude, its very simple, its shown on the website, if you cant do it, write onschain to YouTube, there are hundreds of videos.
The onschain team is very strong, and as if that is not enough, the artificial intelligence manages the project ๐
It is said that onschain will rise 100x, is it true?
They made Onschain with artificial intelligence, this is the first project in the world.
Binance says Onschain will be $2500
On which exchange will this onschain be listed?
If Onschain is listed on Binance it will be $3000
How can I buy from this onschain?
Will onschain be listed in gate io kucoin or something now, thats what they say?
sold for 60 cents
I bought about 15 thousand onschain tokens from 20 cents and even now my money has increased 3x.
I bought about 15 thousand onschain tokens from 20 cents and even now my money has increased 3x.
Onschain will now be listed on p2b
i'm trading with 60K and now only have 40K lol
Thanks for the video Ricky. Great content as always. And I couldnโt agree more! Something Iโve been learning the hard way: some days are just better to stay out of the market. Been following you for years and everything is finally starting to click. Thanks for the great content as always. God Bless!
Good job dude! I traded some cheap options on same patterns and made a quick hundo. It's not much but it's honest work. Thanks for helping the community!
Thanks
I wish i had 500k today i made 49% on amazon options today was only trading with 6k ๐
Get rekt