So who's been enjoying the market for at least the past couple of days, raise your hand what's going on team, it's ricky with tackle solutions. I really hope that you learned something new and if you do please consider smashing that, like button and of course subscribing so tqqq pushed them today they pushed up about nearly two percent. If anything, i actually pushed that more because it's up about 2.5 after market hours, uh a lot of people have been asking for updates on my swing. Trade um with having the baby last week, wasn't really able to update it.

This week i bought a little bit more, as of today i wanted to share with you i'm still not fully invested. I am still waiting for proper confirmation of a reversal for those that are not familiar with this. I've been swing trading. I have you know my two different accounts, my day trading account and my swing trading account.

This is my swing trading account and we were waiting for t qqq, which is a nasdaq, a tech, etf. It's triple leveraged, it's a little bit riskier uh it sold off. It became very oversold, everyone's like buy, the dip, buy the dip, buy the dip and, of course, right. I would love to buy the dip.

If i could predict the feature but believe it or not guys, i can't right so uh what we were waiting for was proper indication of a reversal, just indication of an uptrend. I was just so tired of the market selling off. It was selling off for four weeks and i'm sure you can agree right. It's one of the worst feelings when you buy the dip and guess what happens it continues to dip right.

You feel like you're, just defeated, so one of the things that i did is i went in with a white position size, a small amount right of what i intend to invest with and then, as it began, to indicate signs of an uptrend. I average up into it it's the way that i trade i like to keep my training simple. You don't have to do it this way right, it's just the way, my specific trading style and i want to share with you. I want to share with you where i'm at right now, my market value is 7 700..

My intention is to be fully invested at 12 500. For this specific account. My max position as of right now is, is that it might change later, but as of right now, that's what it's at so my average purchase price is 64 right. Now it's shooting at 64.63.

So, as you can see, i'm not up a crazy amount. So i don't know about you guys, some of you guys might be down some of you guys. I you guys were sending me screenshots. We have learned plan profit members that bought at the low 50s.

You know i didn't get in a sense that lucky i i'm not here to predict the bottom, i'm not here to pretend to be a perfect trader, just like all of you guys with your tesla position, your apple position, your amazon position right our our goal, the Goal always should be to get in at a good price and to buy more when it begins to indicate signs of a recovery, it's so much easier to make money that way, instead of trying to like compete with who can get the best lowest purchase price. Of course we want to, but imagine always trying to and then failing because it just continues to dip and continues to do. It says never ending pursuit of happiness right. I'm not i'm not about that.

I am here to encourage others to be selective. Watch your position size and buy when it makes sense, not just because you can or because you want to, but when it makes sense and that's what i'm here to follow up with. So if we actually go to ixic, which is the nasdaq index, we could see that on the four hour time frame, we're not trading above the ema line. This is a great sign, a step in the right direction.

We've been bullish, if i'm not mistaken for three days in a row, it's the largest green streak since the start of 2022 for the nasdaq market look into it, we've been selling off. This is a great sign. Still, nothing has changed with inflation rates, uh and or interest rates right. All of that has stayed the same.

So please be aware, you cannot be surprised if we begin to pull on back and that's what i'm going to be looking out for you might be asking well ricky. When are you going to average up and be fully invested? I want to see, i don't know if it's going to happen, but i want to see if, when the market pulls back, if it holds above the ema line, all i want to see are higher lows, meaning that again, when something pushes up there's moments that it Pulls back a little bit, it just doesn't go as low as it was before when it pulls back and then recovers and continues to upturn. It pulls back and then continues stop trend. It pulls back but doesn't go as low as it did before and continues to uptrend.

It's called an upward staircase pattern. All i want to see is that we have an ascending support level and it's making higher highs and higher lows. That would give me the confidence and the reassurance to go a little bit heavier into my position. That's all i want.

I want to be confident with my position. I want to make sure that the direction is in my favor, and those are the simple steps that i am choosing to take when it comes down to deciding to buy more. Just because i buy more does not mean that you need to all i'm ever here to encourage you to do is to look out for your future self. You should never be told when to buy.

You should never be told when to sell. You learn best when you understand what you are doing again: it's not about making the most money right now, but making sure that every action you take is aligned with your goals and your criterias. So what i actually want to share with you is, you might be asking well ricky, you know, aren't you afraid you know if, if you didn't buy, the dip you've already missed that on 27 percent, nearly 28 percent first off, congratulations! 28 percent is what the what tkq has already recovered from its bottom. You got ta admit, that's pretty impressive, but it's not about that right.

I'm not a perfect trader right. My my average purchase price right now is 64. 63.94 right, like i bought 40 more shares today, i bought like at 60, 250 or 63. I don't care right.

My goal is to buy when it's up trending, it's so much easier for me. I don't i'm not here to over complicate my trading. I don't know about you guys, but for 2021, if you were over complicating your trading, if you were always trying to buy at the lowest price point think about it, did that ever play out well, for you probably not right, it is so much easier when you Just allow the direction to be in your favor and you average up and you average up right so looking at with where we're at right now. Why am i not rushed to jump in right now? Well, first off we don't know if we're gon na see that consistency right and second off, i have so much margin to work with from the price right now, not the very bottom, but the price right now at sixty three dollars.

I have forty percent margin. If we go back to my little plan right, if i capture 20 of that 20 of a 40 margin, meaning that i give myself a margin of error of 50, how beautiful is that to be able to make a 20 return on one trade? It's amazing right! It's amazing, when you keep your goal and your plan realistic. I don't know what you're treating. I hope.

You're not copying me right if you're trading, amazon, if you're investing in amazon apple facebook, whatever tech stock, whatever stock in general, keep your goal realistic, understand that you're not perfect! I'm sorry! I don't know what your parents told you, but you're, not you're, not a perfect trader. That's okay! Our goal is not to be perfect. Our goal is to work towards being as close to perfect as possible and to make small progress every day that, at the end of the year, it ends up leading to big results. That's what i'm excited about to keep trading simple and to make progress.

I think that would be a step in the right direction, not only for yourself but your future self, which i think is most important. So i'm super excited for this swing trading challenge. I'm super excited for the nasdaq market. I would love to buy more, but let's not get too confident.

Let's understand that any news can be shared about interest rates about inflation and the market can pull back. So before you begin to be fully invested. When i say it, you know, stay effective, stay well, balanced! I'm talking about your position size! I just i don't want you to get super confident when the market's in the green and then the market tanks and then you're just devastated. You need to still stay light on your feet right.

I think. That's what people say. Sorry uh, but yeah, i'm very excited to follow up. If you guys have any questions whatsoever, you can comment them down below and i can try to respond or you can join our free discord chat.

So, if you're trying to connect with other like-minded individuals and traders, click the first link down below and it's my free discord chat, you can feel free to send me a direct message and ask me any question you might have as well as i trade live every Morning with the learn plan, profit group - and if you want to see me, trade live as soon as tomorrow. I'd love to have you click the second link down below and we'll see you tomorrow at market open. I hope that i earned a thumbs up. Please consider subscribing and like always, let's make sure that we in the year on a green now take it easy team.