The stock market is dropping even more today. Is this the end or the beginning of the stock market crash! Here is how to stay level headed!
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I have a great analogy for those that are asking: if now is the time to buy market's, been selling off for what 16 17 18 days and at the first site of the market, not even in the green but the first site kind of like yesterday. It begins to show signs of a support everyone's, like let's jump in let's average up, let's buy more right and then guess what happens today. We get faked out, market sells off, it continues to sell off, and it's trying to recover as of right now right looking at the one minute uh one day, one minute time frame we're still getting rejected by the ema line. I'm sorry the moving average still getting rejected.

Nothing. Nothing has changed. Markets been selling off for 17 days and you think with 30 minutes right, if i'm not mistaken, from the break about vma. When was that yeah 30 minutes literally 30 minutes 30 minutes of the market.

Being bullish, you're like okay, now is the time to average up the market sells off for 17 days, 17 or 18 days and in 30 minutes of the market. Finally, indicating some signs of recovery you're like nope this is it market market's green. Now market's going to recover i'm getting i'm getting blown up on instagram, i'm getting blown up on discord, our free discord right. If you guys want to join a free discord, it's the first link down below.

I can't stress this enough. All i've said ever since the market's been selling off is watch your position size. What did i say yesterday and the day before that and the day before that, right i have a position on uh t, q, q, q right market's still in the red, but i'm in the green right, i'm in the green i'm chilling like position size is everything Like i can't stress this enough, the only people that are freaking out right now are those that are too heavily invested as the market sell enough. Stop selling yourself the idea that the market's going to recover right now.

I agree with you that the market will eventually recover, but with the talk about interest rates, rising, that's never a good sign or catalyst or news for the overall tech market. Stop selling yourself the idea that it has to recover right away. It could sell off for an entire other week, so every time you know asking yourself market's been selling off for 17 to 18 days. I don't care if it if it's bullish for one day, that's a step in the right direction, but that's not selling me on the idea that i have to average up.

I don't intend to average up on my swing trade until seventy dollars a share we're at sixty dollars. Why is everyone in such a rush to average up right? Look, how much margin from where we're at right now, if it does recover, not to all-time highs. Just to previous highs 43, that's so much! My goal is 14. I just don't get it.

I don't get why everyone's in such a rush to try to make money like right away when it comes down to trading direction, needs to be in your favor. It makes more sense to short the market right now than it does to go long on it, because it's been selling off for 17 to 18 days. I do agree with you: it's difficult, it's challenging, but you're, making it more challenging for yourself by selling yourself. The idea that the market's going to recover - and this is why you're averaging up or averaging down no this is it.
This is it, it's been it for about 17 days, come on guys, like i'm all, for answering your questions, especially if you're an absolute beginner. But how can i assist you when you can't even help yourself out? How are you averaging up or averaging down and expecting to do better when the market's bearish the direction like the the the simple principles of trading, is allow the price, action and direction to be in your favor? There's nothing wrong with buying the dip, with a small percentage of your account. You know: ask yourself if you would have just bought one share of whatever it is that you're in right now? Would you be freaking out the same way that you are right now, probably not because you have less money on the line and you have less emotions attached to it? Do your future self, a favor and look out for yourself, i'm! I want to answer every question that you have. I want to help you plan out every trade that you want to take.

I'm serious. You can message me right now. The first link in the description is our free discord, i'll i'll assist you, but i cannot help you if you can't help yourself. Your actions today are something that have to align with your future self and when you have those bad habits, it's going to lead to bad results.

That's all! No one can predict the future. No one knows what the market's going to recover. I i love when the market's cheap, because we get to load up on deals, but don't do it in a destructive way, if you're, discouraging yourself, with the way that you're trading again feel free to send me a message. But i need to know your plan and, most importantly, i need you to stick to it.

It's not the plan that i set for you, it's the plan that you set for yourself. You know about position size, you know about keeping it light when direction's, not in your favor. You know about averaging up only when the true direction is in your favor on the four hour on the day chart when we're making higher highs. You know this yet your actions say otherwise.

If you want to have a conversation, i'm all for it send me a message right now, i'm serious, but i cannot assist you if you can't help yourself. I wanted to make this video to remind you that you're, not alone trust me, the market's choppy, the market's in the red, i'm very grateful that i've been able to watch my position size and again at these overbought levels. I just you have to manage that position. Size you have to manage that risk.

It's not a time to be greedy. You have no ground to be greedy, you don't market's been bearish for 17 to 18 days. We have no ground, allow and give it time for the market to recover and then take action when it makes sense. If you have any questions, send me a message right now on discord.
That's gon na be the first link down below as well as again. I wanted to offer you guys an exclusive discount which can be a hundred and fifty dollars off the loan plan. Profit 2.0 course. So if you want to take part of our swing trade challenge, if you want to take part of our daily live trading sessions, again, i'm not going to be telling you what to do so.

Don't expect that i will be assisting you in what to do and holding you accountable, but it starts with you. So if you want to be a part of that again, that's going to be that second link down below and i opened up five spots for a hundred and fifty dollars off. Like always, i hope that earned a thumbs up. Please consider subscribing and like always, love to make sure that way in the year on a green now, take you to the team.


By Stock Chat

where the coffee is hot and so is the chat

32 thoughts on “This is only the beginning…”
  1. Avataaar/Circle Created with python_avatars Sally Sanders says:

    Just because a stock is going up doesnโ€™t mean itโ€™s a good investment, Just because a stock is going down doesnโ€™t mean itโ€™s a bad investment. Focus on the company, not just the stock price. I made my first million from trading TSLA, AMD, NVDA stocks with help of my F.A Rita Wildrin Mora. Its been a year of steady growth.

  2. Avataaar/Circle Created with python_avatars Dylan dossett says:

    I liquidated all my stuff that isnโ€™t down 50% right now and Iโ€™m going to ride the wave on the way down make swing plays till it hits the bottom. Personally I donโ€™t see it hitting the bottom until the end of the year.. or whenever Covid ends

  3. Avataaar/Circle Created with python_avatars Scott Stephens says:

    Uvxy up over 5% as if this message, you have to find stable stocks during a down trend and or potential bubble crash like 08, 09 an trade those like they could drop any minute, money made is money not lost no matter the amount as long as your making gains.

  4. Avataaar/Circle Created with python_avatars Mikael O'Daniel says:

    Ricky you said it will take till maybe the first week of feb. I got faith in ya brother

  5. Avataaar/Circle Created with python_avatars Jaylen Akers says:

    You didnโ€™t have to flame them like that ๐Ÿ˜‚๐Ÿ˜ญ

  6. Avataaar/Circle Created with python_avatars T Cass says:

    I pulled back on swings a few months back. Yes, I let alot of potential profit getaway. Lately using a daily and hourly chart for small swings with sqqq and uvxy with some small but nice profits. They are inverse and can be very dangerous; not advised. Hence that is why my positions are small and being reserved. Keeping most my funds on the sidelines for now. Better safe than sorry.

  7. Avataaar/Circle Created with python_avatars Ricky Cardenas says:

    It's a mental game. Stay strong. Hold your fire. Patience is a virtue. Thanks for the video!

  8. Avataaar/Circle Created with python_avatars Adina Palmer says:

    I think its because a lot of people aren't educated about the technicalities and charts.(including myself) I don't think its intentional.

  9. Avataaar/Circle Created with python_avatars Christopher Parrish says:

    Needed you to beat up on me kinda for being foolish. Thank you Ricky!

  10. Avataaar/Circle Created with python_avatars Sam SS says:

    when i first started trading i only ever saw upside. If your getting fked right now its because you are only seeing the upside. Bears make money. bulls make money.

    stop being stupid guys. if your investing, buy the dip. if your day trading/swing trading, never buy the dip. Buying the dip is stupid. trade strength. buy high sell higher. If something is dipping, buy puts.

    NOTHING has lost retail investors more money that this "buy the dip" bull*hit

  11. Avataaar/Circle Created with python_avatars J H says:

    I started watching Ricky after he popped up on my feed. I've been an active trader for years and this young man is telling you folks the truth. Discipline and patience is the name of the game. If you're lacking either one of those traits you will not become a Trader.

  12. Avataaar/Circle Created with python_avatars Scott Stephens says:

    All of my nasdaq and s&p pros shares are green today all 6 of them. As traders we gotta go were like you said its in our favor.

  13. Avataaar/Circle Created with python_avatars Scott Stephens says:

    Definitely, all these insiders selling off, thats not couse they think its going up, it's not done going down and it will recover eventually but not over night. Good video

  14. Avataaar/Circle Created with python_avatars Handful of Spades says:

    Bruh how's Crox doing? I shorted it when you recommended it as a buy and I'm making bank.

  15. Avataaar/Circle Created with python_avatars Hola! 11co0038 says:

    Sorry people. Crash is coming at the very end of January/beginning of February

  16. Avataaar/Circle Created with python_avatars Jake Mullins says:

    Joe Biden is crashing the economy!

  17. Avataaar/Circle Created with python_avatars Trading Simplified says:

    Added 2% long term to ONEQ at the lows today

  18. Avataaar/Circle Created with python_avatars Ulises De-Leon says:

    Vamos a ir cero y subiendo!

  19. Avataaar/Circle Created with python_avatars Jose Esquerdo says:

    Hey Rick today Netflix dropped 20% in post earnings!! Do you think need to be aware of any gains soon after the drop? Thanks

  20. Avataaar/Circle Created with python_avatars Santi Avalos says:

    One of my goals in life is to achieve your mentality

  21. Avataaar/Circle Created with python_avatars Jim Gheith says:

    Love your videos. Short term we are due for a bounce and this morning marks a good bottom. We will obviously need to retest this mornings levels but honestly today is a good time to start nibbling my friend.

  22. Avataaar/Circle Created with python_avatars Financial Knowledge says:

    i bought netflix a hour ago, was it a good choice?

  23. Avataaar/Circle Created with python_avatars Mark Lasky says:

    Thanks man..you should have 1000 likes

  24. Avataaar/Circle Created with python_avatars Tyler Gordon says:

    already knew this was happening, get ready for next month Ricky, only going to get worse.

  25. Avataaar/Circle Created with python_avatars Todd Rogers says:

    How can this be "only the beginning" when my crap small cap been getting beaten down since feb 2021?

  26. Avataaar/Circle Created with python_avatars Joe P. says:

    Now where is your AMC meme stocks?

  27. Avataaar/Circle Created with python_avatars Shaan Ahmed says:

    Thanks Ricky Iโ€™m putting my life savings into TQQQ now

  28. Avataaar/Circle Created with python_avatars Max Yass says:

    Iโ€™m buying right now. Itโ€™s past correction territory and into oversold. It found a short term bottom, Iโ€™m buying and watching for higher highs and higher lows on the day

  29. Avataaar/Circle Created with python_avatars ZALANKA S2 says:

    And thnx so much for the advaice

  30. Avataaar/Circle Created with python_avatars McMaschio says:

    Markets been Finng Crazzzyyy

  31. Avataaar/Circle Created with python_avatars Sadam Al Maghrabi says:

    Weโ€™re in pain lol ๐Ÿ˜‚ holding more and more

  32. Avataaar/Circle Created with python_avatars ZALANKA S2 says:

    Love you bro from Tunisie ๐Ÿ‡น๐Ÿ‡ณ plz anser to me

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