Hey: what's going on team, it's ricky with tackle solutions, quick little stock market recap uh. We closed the day on sqq a little bit over ten thousand, almost eleven thousand dollars on the day and t qqq, which is the bull inverse etf uh. This one was uh right under 1300, so you guys can see my quantity shares. I held 250 shares of tqqq.

That is the bull etf. Yes, the market is still bearish, but overall long term, it's the market tends to be more bullish than it is bearish uh. In comparison to my overall position, size of what i tend to trade with this is less than 10 percent uh. So, in my opinion, again, it's just something that i felt comfortable trading, something that i can tolerate.

Even at the worst case scenario, when it comes down to my sqq position, i am not holding any more shares other than just the one uh people love to ask. Why i just hold the one share again i just like uh staying up to date with my overall position and by keeping one share, i can always see either how much i'm up or how much i'm down. Why do i not hold sqq overnight? Well, sqq. Is the inverse etf, meaning that if the market overall long term is more bullish, then that means that sqkq does have its bull runs no question about it.

I think that you know the past week is a great example where we've seen sqq really gap up. If we look at overall lows, uh, let's go ahead and use this little trendline tool from overall lows to current highs that same resistance level. That is a 17 run in just the past. In this trading week for sqq, you guys can rewatch every single video that i recap this week, i cleared a little bit over forty seven thousand dollars this week.

This is not a normal week. For me, it's one of my better weeks for sure i am trading with over three hundred thousand dollars. So please make sure that you take that into consideration. But you know people love to ask.

What's the whole purpose of only making five or ten percent out of the one thousand dollars you might be trading with right now. I think that we can all agree that the intention, with everything as you're just getting started, is to feel comfortable to gain experience and then to scale. And when you gain experience and when you get more comfortable, you're going to be more confident to trade with more money, um and again taking the action of the market can continue to drop. You guys know that we've been trying to stay up to date with the overall market sentiment, it's still very bearish, so a lot of people might be asking.

Why do i not hold more sqq shares overnight because i could potentially make more money? It's just not in my mo it's not something that i want to take on. I don't want to hold 150 000 worth of a triple leveraged, inverse bare etf, that, if anything good happens, the market can quickly recover. So, just like many of you guys, i want the market to recover. I want the nasdaq market to recover, but just like we've prepared for the past two weeks as the overall nasdaq market had it had its nice little run.

We knew that this pullback was going to happen, so i'm very happy that at least our learn plan profit team was able to prepare in advance and absolutely kill it this week. So i just wanted to recap the overall week, the overall market's still very bearish. As of right now, as the feds tackle down and really what everyone continues to say is is remain very hawkish uh when it comes down to their focus in raising interest rates to tackle down inflation rates. So if you guys have any questions that i can personally answer for, you just know that i do respond to all of my discord messages.

It is for free and that's that first link in the description, if you guys want to be able to watch me, trade live every single day if you guys watch today's earlier video. That was a perfect example of what it's like to watch me. Trade live every single day. My three focuses every single day are position size, making sure that direction is in my favor and then, of course, never being afraid to lock in profit and or manage risk.

So again, if you like the way that i break things down, if you like my a little bit more conservative side of trading, i would encourage you to click. The second link down below learn a little bit more about our learn, plan profit group and to see if it's a good fit for you. We do have a 100 off coupon that will be going on all weekend long. So if you've been waiting for a sale and been waiting to join our team again, you get lifetime access to our a2z video lesson.

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I appreciate you guys time hope i earned your thumbs up in this video. Please consider subscribing and like always, let's make sure that we end the year on agreed now. Take it easy.