What a wild ride right? What's going on team, it's ricky with tech, but solutions and in the past 26 27 hours tqqqq has gone from overall bottoms to overall highs of, if i'm not mistaken, about 27 tesla tesla's back at eight hundred and thirteen dollars. I actually wanted to show you i'm up right now on the day 416 dollars, i have 237 dollars up on the open. It's beautiful right markets are recovering based off of the news of russia and ukraine going into war. I'm really happy that we made that video again.

One of the things that you should always take into consideration is that sometimes in the stock market, any reaction tends to be an overreaction both on the upside and on the downside, and that's not just about the negative news that we heard about ukraine and then yesterday We experienced huge buying pressure and that's one thing that i quickly wanted to chat about. If you actually look at the overall bottoms that yesterday hit was at 40 dollars and 30 cents. Yesterday, tqqq closed up 10, it's not about the 10! It's about that! It was down 10, so not only did it end 10 in the green, but it recovered the 10 percent that it completely lost, so it actually gained over 23 since market open as of yesterday and then on top of that, just for the cherry on top. It's up another 3.7.

Today, that's 27 in just two trading days: again there tends to be overreactions and - and we continue to get these people that ask these like very like my new questions of like well ricky like is now the best temp time. First off. Ask yourself a simple question right: one green day does not mean that we're entering a bull market right, it's a step in the right direction, but i'm tired of all this back and forth back and forth. What has the past? You know two months taught us of the overall market right as the market's been selling off.

This is not a time to be greedy. This is not a time to think that you know direction has to be in your favor that this time that the market's going to recover, instead of hoping for confirmation, we can just wait for it right, and we can see that we are still trading below the Ema line the market is still bearish yesterday, we're at one of the lowest points that the market has seen it's one of the largest pullbacks that the market has seen since 2020.. It's insane right, one or two green days means nothing. It's it's great day trading opportunity, but it means nothing is now a horrible time to buy.

No, i actually think it's like one of the best times to buy, but should you buy that's kind of the question that everyone keeps and keeps and keeps asking right? Let me put this into perspective. Why is such a simple question is so difficult to answer for everyone, it's all about intention and what you can tolerate if you were to ask me right, we're talking about quality blue chip stocks. Let's talk about amazon apple facebook, all those companies right companies that are down 10, 20 or 30 percent. The question is not are those good deals? We all know that they're good deals, it's not about.

If they're good deals, we all know they are the reason that we view it risky to buy right now is because it can get cheaper because they can can can continue to sell off. So the question is not: can i make money on them because we all know that if i buy facebook right now at 200, give you a very perfect example: facebook at two hundred dollars. It was previously trading at 384.. I don't need you know that that roi would be insane first off.

This is insane that's 82 on facebook, one of the most top 10 valuable companies in the world right. The question is now: can i make money on facebook? It's? How long will it take? For me to make money on facebook, i'm talking about the good quality companies, the question should not be. Can i make money right now right, it's it's not about. Can i, but it's, can you tolerate the time that it will take for the market to recover? That's the question i might you know someone might be comfortable: investing 500 putting 500 in the market, a thousand dollars on the market and they're like i'm just gon na i'm just gon na buy facebook, i'm just gon na buy amazon, i'm just gon na buy tesla And i'm not at the current price levels and i'm not gon na touch it for a year right.

What would you think about that? If someone were to tell you, i just really like the price points, but i'm not gon na i'm gon na buy right now at the current price levels and then in a year where i'm gon na set my alerts and then once it begins to recover. Then i'll then i'll touch it right. You might be like. I didn't really think about it.

That way. The only reason people are freaking out is because, of course, you know the tension between russia and ukraine uh. We we heard a little update today, where uh russia supposedly is going to negotiate with ukraine. Hopefully, you know that's one of the main reasons that we're actually seeing the market recover today, it's wall street, finally just wants them to kind of chill out over there step in the right direction, but we still have two other variables: interest rates and inflation, things that Haven't even really you know taken place but of course factored into the market.

So again, the question is not. If the these stocks are going to recover it's can you tolerate the time that it will take for them to recover? That's the challenge. The challenge is not. Oh, my god, it's so difficult to find a good deal right now.

No, it's not look at this 210 dollars. Look at this. I don't care! If you don't believe in tesla, you know that it will eventually recover right. It's like this thing offers 55 upside facebook offers 80 upside.

The question is: not, can you make money, but it's can you tolerate the time that it will take? So when you are asking yourself when you're about to take a trade, i don't care who you are, especially if you're an absolute beginner. It's not if you can make money, but it's can you tolerate the time that it will take? So when you decide to buy ask yourself those questions, you know hey if this doesn't recover in the next month or two, am i going to be okay every time of like how much money should i invest? Ask yourself how much money am i okay with being a part of, or apart from and just have it invested in the market? Can the market get cheaper? Of course? Who cares right if you're investing in quality companies? Who cares then don't buy early right then wait for confirmation. So it's not. If but it's one and asking yourself that difficult question, can you tolerate the time that it will take for the market to recover because, just like in 2008, the question was not if the market was going to recover, it was.

How long was it going to take and everyone that took advantage of those opportunities it paid off in the years that followed? It wasn't instant gratification. There was the ups. There was the downs, there's the pullbacks, there's the corrections along the way. There's the challenges.

This isn't your nine-to-five job just because you invest hours into this, doesn't earn you a direct output of pay. This is different right. I can invest hours and still lose money. I can invest minutes and walk away with thousands of dollars of profit.

This is a different market. You're paid based off of the direct proportion of the opportunities you choose to take advantage of and the challenges that come with it. That's the beautiful thing about these creative markets. It can make you or break you.

It pays to be patient, and this doesn't mean that you should just jump into any stock cross your fingers and then hope for the best still be strategic with it. Watch your position. Size wait for confirmation, allow that direction to be in your favor. We talk about this all the time within my learn, plan profit, 2.0 group every single day.

It's a consistent reminder of encouraging every beginner trader to be the best version of themselves, and sometimes they need that consistent reminder, especially just like two days ago, where we need to shed some light on the darkest days and that's what we're here to do. So i'm very excited to follow up, but guess what i'm not gon na just jump into tesla. Just because i'm a little in the green right now and jump in with my full 100 thousand dollars. Why? It's not because i don't think tesla will recover, but because i don't know if i can tolerate a hundred thousand dollars and then if it were to continue to drop it's just being realistic with myself right.

I understand who i am and what i can tolerate. The same thing with you put yourself in a position to succeed, because if you fail, if you end up being in the red and you feel uncomfortable, you did that to yourself, you either should have waited for confirmation or should have taken a lighter position size. We talked about this, so it's not that you were unaware, it's that you simply did not prepare your execution is where you lack and that's where you can make simple progress, so i'll leave it at that. I really do appreciate you guys time.

I'd love to invite you guys to my live trading session. At trade live every single day. You can join us as soon as monday at market open and we're running one of our biggest sales. Ever it's 100 off the learn plan profit 2.0.

It's lifetime access! If you want to take two minutes, learn a little bit more about it, see if it's a good fit for you, especially if you're an absolute beginner and again that's that second link down below. I appreciate you guys time hope that i earned a thumbs up. Please consider subscribing and like always, let's make sure that we end the year. On a green note, take your daisy team.