Stock market crash live update. Stock market dropped today bringing it back to the 1 hour Moving Avg. This was a great set up for our learn plan profit members who began trading sqqq as the market dropped!
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Did we call it or did we call it what's going on team, it's ricky with tackling solutions, obviously very happy with how things played out. If you guys follow me on instagram, i showed both my small account and my large account quick little update on sqtq on my small account. I'm up seventeen hundred dollars profit. I reduced my position size from thirty thousand dollars right under thirty thousand dollars.

I think i had twenty seven at eight hundred fifty shares to be exact: twenty seven thousand twenty eight thousand dollars to now three hundred dollars. I reduced it a little bit. We called this out yesterday. The market began trading sideways after market hours.

Yesterday, check out my youtube video, we talked about hey, be aware that we're approaching a resistance level for the nasdaq market. You know it's all dependent on the market direction during the pre-market session this morning right. What did we do during today's live trading session? Well, if you're part of my learn plan profit group, you would have seen that tqqq was selling off pre-market. Sqq was bullish.

Pre-Market i like to keep my trading super simple. I allow the direction to be in my favor. I first started trading. This has actually been a huge incentive for me recently.

I start the day off, because direction is kind of always unclear right at market open. I don't know if you guys agree with this, but i saw some pullback potential to the moving average. We talked about that yesterday right we prepared for that. This morning i took a small position size with my small account and then guess what things began to go well when things began to go well for ask qqq, guess what i began to do.

I stepped on the gas, it's not about predicting the future. It's not about you, know anticipation. Oh my god like this has to happen. Nothing has to happen in this market.

I think we all know that right, but if you allow the opportunity to present itself - and you put yourself in a position to succeed, check out today's live trading, i had enough money invested in sqq that i took took it seriously. I think i started the day off with a ten thousand dollar position and then guess what, when it began, making me money, i added another ten thousand dollars and then another seven thousand dollars still relatively pretty light in comparison to what i normally trade with. Sometimes two three three hundred and fifty thousand dollars with my large account again, it's all perspective. If you're just getting started, please ignore the dollar amount.

This all comes with time, as you gain more experience, you're going to gain more confidence and therefore you're going to be able to tolerate to trade with more money, but it all comes with time when direction wasn't. My favorite i just began to see like sqh was killing it. I was still in the highs buying the lows selling the highs buying. The lows i was not like.

I was on fire today right. If you're part of the learn plan profit team, i was calling out every exit of reducing position size every enter. Entry of you know it just pulled on back solid entry, and i am just so grateful for how today played out. I need to make sure that you guys understand this, that i've been having an amazing past four days.
I know myself. This has to come to an end. I'm not gon na pretend that i'm like on cloud nine and that i'm invincible, my job, is to anticipate the worst. So what i'm here to share with you is i'm really happy that we anticipated this pullback.

If you guys look at the market right now, the nasdaq market is in the red. I think that the market will actually find a support here. I'm excited to follow up in the morning. I kept a couple or i kept 300 shares in the market to see how it plays out, but i'm okay right, i'm expecting a red day soon, it's bound to happen, and i think that's the thing that i want to share with you guys.

I've been freaking killing it the past four days, four business training days right, uh, thursday, friday um yesterday, i didn't do too hot, and today i know these days are not normal. Nineteen thousand dollars profit with my large account seventeen hundred dollars profit with my small account. These were these are huge days for me percentage-wise. I am tomorrow going to watch my position size, i'm not gon na get too confident, and i need to bring myself.

I need to humble myself right. I know where red day is right around the corner. Normally, every four to five green days that i have there's a red day, that's going to strike, and most often the mistake that i always see is when people get too confident it's at the most undesired time when you think that you're on top of it, that It catches you off guard and sometimes you hesitate to cut losses. So one thing that i'm going to do myself is i'm going to keep my position size effective and make sure that if things go south because of my small position size, i can then take action.

Accordingly, also make sure that you guys look at the overall oil etfs, they are rising after market hours, oil futures right now, after market hours are rising. That is never a good sign for the overall market, so we killed it today. Congratulations to all of our learn plan profit members. We anticipated this.

It was a really nice pullback. If you guys want to see today's live trading session, i'll link it for you. First link down below i trade live every morning with the learn plan. Profit group.

They are the only team that i work with on a daily basis. So if you want access to me, if you want to learn more about that, that's that second link down below to join our team. If you want to watch today's raw live trading session click the first link down below with that being said, i also want to let you guys know that we just dropped a new collection for mousepad, so this new collection is now available. The fourth link in the description - it's shop techbeds.com - these - are all the new trading mouse pads.
So again we got the uh retro duck. We got the problem duck and we got the graffiti duck a lot of our traders really like these bright colors. It kind of just brings life to their trading setup. You don't have to.

But again, if you want to pimp out your trading setup, i actually have my retro duck mouse pad here. They're huge right. It's pretty much like a a desk pad they're huge mouse pads. Again, these are all available at shoptechbuds.com or the fourth link down below.

I am so grateful for how today played out. I just i wanted to use myself as an example that for the next couple of days i need to humble myself, i'm going to be very cautious and selective with how and what i choose to trade, because i know where red day is right around the corner. We have this saying within our learn plan profit group, and it's just the way that kind of keeps us on. Our toes is that, on my green days i prepare for my red days and on my red days i prepare for my green days.

I think it's a great level-headed mindset to have in the stock market and make sure you smash that like button, if you agree as well, so i'm excited to see you guys for tomorrow's live trading session if you're ready to join us. Click that second link down below and i'll see you tomorrow at market open. I hope that i earned your thumbs up. Please consider subscribing and, of course, like always, let's make sure that we end the year on a green now.

Take your digi team.

By Stock Chat

where the coffee is hot and so is the chat

13 thoughts on “Stock market drop! we called it…”
  1. Avataaar/Circle Created with python_avatars Hector Salas says:

    Eventually someone is always correct at one point. However you cant say you called it when the reason for the drop is "Federal Reserve Governor Lael Brainard that indicated policymakers were ready to act more aggressively to rein in inflation". This is the reason why and just caused fear in the market thinking the fed might do a "rug pull". like your content but bring in news and the reason why.

  2. Avataaar/Circle Created with python_avatars Diego Ramos says:

    Hi Ricky how you are you? One question, why did you mention that $SQQQ is riskier? is it like opening a short position where you can lose an infinite amount of money? Does it work the same way? I wanted to keep my $SQQQ position open today but I was afraid if it is like a short position where you can lose infinite amount of money (not only the money invested) thank you…

  3. Avataaar/Circle Created with python_avatars David Vincent 2nd says:

    Fablous , simply fabulous . What a great day I had . Why because I watched your video late last night and in the morning saw what you were saying happening . Come On People Listen To Ricky .

  4. Avataaar/Circle Created with python_avatars GREAT๐Ÿ“ฅHACKERZHIYONG ON TELEGRAM โ˜Ž๏ธ PAY says:

    ITS SUCH A BLESSING TO DEAL WITH THIS MAN ๐Ÿ’ฏAM REALLY GREATFUL FOR THE 1.2BTC ONCE AGAIN MAY GOD BLESS๐Ÿ‘

  5. Avataaar/Circle Created with python_avatars GREAT๐Ÿ“ฅHACKERZHIYONG ON TELEGRAM โ˜Ž๏ธ PAY says:

    ITS SUCH A BLESSING TO DEAL WITH THIS MAN ๐Ÿ’ฏAM REALLY GREATFUL FOR THE 1.2BTC ONCE AGAIN MAY GOD BLESS๐Ÿ‘

  6. Avataaar/Circle Created with python_avatars GREAT๐Ÿ“ฅHACKERZHIYONG ON TELEGRAM โ˜Ž๏ธ PAY says:

    ITS SUCH A BLESSING TO DEAL WITH THIS MAN ๐Ÿ’ฏAM REALLY GREATFUL FOR THE 1.2BTC ONCE AGAIN MAY GOD BLESS๐Ÿ‘

  7. Avataaar/Circle Created with python_avatars Tony Bily says:

    your freaking killing it Ricky!

  8. Avataaar/Circle Created with python_avatars Tim Cook says:

    Where can I find your live trading ? What platform

  9. Avataaar/Circle Created with python_avatars OYAMA says:

    What's your opinion on sizing on both small vs large cap stocks and long vs short strategies? I find Steven Dux's sizing on small cap short positions to be an inspiration, so I'm curious as to where your sizing is, where you want it to be, and why?

  10. Avataaar/Circle Created with python_avatars dendi says:

    try calling it consistently another 50 times

  11. Avataaar/Circle Created with python_avatars Claude Toussaint says:

    Yes

  12. Avataaar/Circle Created with python_avatars Birdman69 says:

    We called it

  13. Avataaar/Circle Created with python_avatars Nolan Kavanagh says:

    1

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