So why is the nasdaq market pulling back today? Nasdaq has a big focus on tech you're, most likely seeing your tech stock pulling back, and you might be asking why uh so bond yields. Uh interest rates are going up tech stocks, prices drop when interest rates go up. It's it's a common reaction. This is something that you should be well aware of, because next time, when they talk about hey, we're lowering interest rates, you'll most likely see tech stocks rise right, i'm now also talking about.

So i want to answer a bunch of questions in a very short period of time. Um now also asking the question you know: should you be scared with what's going on right now with the overall market? You know a lot of people are talking about. Oh, my god, this is going to be the worst, the market's going to crash um. You know and we all have our youtube thumbnails we like to capture attention.

One of the things that i don't want to do is instill fear right. One of the things that i can share with you is from my experience, look at this right, not just from you know, um a couple of months, not just from one year, i'm looking at the overall history right ever since the back of 2013. The market is bullish and it doesn't matter how bad the markets pulled back. You know back in 2018, the market really pulled back down to the moving average guess what we were covered the market back in 2020..

You guys remember the pandemic. The market pulled back down to the moving average and guess what we were covered market was very overbought. We talked about corrections being healthy right. They allow the market to breathe.

They allow new investors to be able to buy deals at a very cheap price and then benefit and make money as they recover right now we are pulling on back. The cheap can get cheaper. This is why, when we started our swing trade challenge for all of our learn plan profit members - we talked about what position size. It's great that you, you know want to take advantage of quality stocks at cheap prices.

But if there's no indication of a recovery, you cannot expect them to recover right away, also taking into consideration. I did a video yesterday and a lot of you guys really liked it. I talked about for the past two years ever since the pandemic. How long these many recessions? That's what i'm calling them! You can call them whatever you want, how long do they last from when they break below the ema to when they recover above the ema the longest one was about 45 days, and that was during the pandemic.

The other ones were shorter than 30 days anywhere from around 20 to 25 days. If i were to ask you ever since we broke below the ema line, what day do you think that we're at well? If you look at this, we broke below the ema right around the 3rd of january right now, it's the 18th we're 15 days in. I like how i don't like, but it's it's very eye-opening, on how people, when the market begins to pull back, they freak out, and it only pulls back for about one to two weeks. But when the market's bullish for three months, no one questions anything or when the market pulls back for 20 days, everyone freaks out, but when the market's bullish for two months, no one questions anything right.

We have this saying within our learn plan profit group. On my green days, i like to prepare i like to prepare for my red days and on my red days i like to prepare for my green days. I view right now with the market pulling back as an opportunity. Yes, they're talking about interest rates.

All of that that has that is acting as a negative catalyst and allow it. You know let the market bleed, the cheap can get cheaper. I'm all about that. This is why we watch our position size, and this is why we're selective with how we average up and the quality stocks that we pay attention to.

But, most importantly, it's understanding that, like right now we are experiencing a you know these difficult challenges, as the market pulls back a little bit right now, no question about it: i'm not going to sugarcoat it yeah, it is challenging, but one of the sayings that was Shared with me, within today's live trading session that i think can resonate very well with you is column cs, do not make a strong sailor. Think about that calm seas do not make a strong sailor right now. You know the sea is red market's pulling back. It's challenging, it's been pulling back for two weeks right, i'm not gon na sugarcoat it.

But imagine this imagine if we started 2022 with the swing trade challenge and then the market recovered right away. It would seem too easy. It would be very unrealistic and it would only be a matter of time for the market to pull on back and then you weren't prepared for that. So it's almost like a blessing in disguise, we're starting off the year strong but hard markets pulling back.

You need to test your patience, you need to watch your position size and you need to be selective, but guess what it only gets easier from here. It's not the market has to recover right away, but it only gets easier from here again easy or calm. C's. Don't make a strong sailor, i thought that was, you know at least some words of encouragement that a lot of people can use right now.

So let me know in the comments section what you think again based off my experience. Anyone can share anything. It is that they want it doesn't matter how strong the pullbacks are market always recovers. This is why i like paying attention to bullish stocks and overall bullish patterns, because the direction is always in our favor.

But this is why you have to watch your position. Size and, of course, be selective when, when you choose to average up, have a reason behind every action that you take. If you guys have any questions whatsoever, i actually wanted to invite you to our free discord group. It's going to be the first link in the description and, if you're new to trading, if you're, just trying to surround yourself with like-minded individuals, send me a message right now.

Again, i would love to you know, have an open conversation with you um and answer any question you might have. So i really do appreciate you guys time. I hope that i earned your thumbs up if you guys are ready to join our swing, trade challenge and watch me. Trade live every single day.

Take a minute click. The second link in the description, and you can learn a little bit more about our learn plan. Prof group, i really do appreciate you guys time. Like always, let's make sure that we in the year on agree now take it easy team.