We definitely do not have to but the unemployment report also known as the job job report is set to be released one hour before the market. Opens this for that are in arizona. Means 5 30 am now again we definitely don't have to but if you want me to live stream and see how the market reacts to that unemployment report this video needs to hit 1500. Likes you guys know that i love hosting these live sessions.

Because the energy is always super high so. If you want me to host. This live stream get this video to 1500. Likes comment down below for everyone else to make sure to drop a thumbs up and let's make it happen i'm going to start sharing my screen.

So you guys can see exactly what it is that i'm looking at and again. The unemployment. Uh report is going to be um. And this one's going to be at 8 30.

In the morning. It's gonna have a major impact supposedly uh to the overall market and i'm very excited to follow up it's expected to be the same as the prior month at 36. Uh. Still showing a strong labor market.

So i wanted to do a quick little overall recap. I wanted to update you guys on my position. I went from 16 000. Shares down to 6 000 shares why ricky why would you sell most of your shares again my job is never to be perfect right i talk about this all the time.

My job is to play it safe during uncertain times and uncertain resistance levels. And i talked about this in today's earlier video right i'm up 27 000. On the day on tkq first off. I'm not going to sugarcoat.

It this is not an average day. I traded tkq. Very very aggressively today and my exit was not perfect. But it was not bad right.

I bought an additional 1500 shares. I sold a little too many i'm supposed to keep 6 500 shares those are shares that i'm swing trading. I'm not gonna sell regardless if it goes up or down. But at one point.

I had over i had really 17 000. And then i got in the habit of selling selling selling because i wanted to reduce my position. Size i wanted to play it. Safe i sold that overall highs of 2798.

And check that out that's not bad right. Two cents off of the overall high that rarely ever happens to me. Because i i rarely ever sell close to the highs on the day. So a little pat in the back for me uh.

But i sold 1 1500 shares too many so i went back. And i bought the 1500 shows because i left myself with 5 000. Shares. I was like shoot.

I'm supposed to have 6 500. So i went back and i picked those shares back up so again 27k on the day uh for t. Qqq and 6000. I'm not selling tesla.

So again just an update doesn't really matter on tesla. I'm not adding or reducing on that one that's a long term play. But for tkq. Why why why why would i sell ricky.

Why are you selling right let me give you first off the resistance at the moving average. But i want to use qqq as an example qqq is the single leveraged etf. Now for the past couple of months pretty much for all of 2022 and again i sound like a broken record. But i need you to understand my why why did i do something i don't need you to agree with me.

I'm just here to explain to you why that's what i like to do to my with my learn plan profit group. I feel like people learn best when i explain for all of 2022. We could see that we approach the moving average you see that get rejected get rejected get rejected get rejected and then in march. We we broke above it right everything looks good markets beginning to recover.

Russia. Attacks. Ukraine. Boom.

Get rejected off ema get rejected off ema. We get close cpi data report comes out shows that inflation did not peak new lows. We get rejected and this time you know can can you blame me for wanting to play it safe right. I didn't sell all of my long term positions.

I just reduced my position that was a little bit too aggressive. But why well if we've been getting rejected for pretty much all of 2022 at that same ema line on the day chart. Why would i be fully invested knowing that the unemployment report comes out tomorrow. The cpi data report is next week with all those variables and all those factors if we've been selling off for seven months.

Am i here to pretend that i have a crystal ball that no this time this time finally. The market's going to go up no. I would rather play it safe. I still have some skin in the game right with tkq and with all my other positions.

But it's light enough that if things go south. I can tolerate it and that's all i'm here to share with you to encourage you to put yourself in a position that even at worst case scenario you can see the light at the end of the tunnel. Because i know so many times. I'm speaking from my experience.

I know so many times. I take an aggressive position because i think something's going to happen it goes south and if i would have just waited. I would have avoided that mistake. There's so much upside potential.

I can always just jump back in if this time things are different and that's what i'm most excited about is because now i'm excited for the market to open because regardless if it's green or red for tkq it's not gonna really bother me of course. I want the market to go up. But dude. We've been selling off for six months seven months really at this point.

You think i'm going to be surprised. If the market tanks after that unemployment report or after the cpi data report next week. No i'm just you know after something continues to happen to me for seven months. I then you know my job is not to be perfect.

But my job is to learn from my mistakes and based off of what i've learned for the past seven months. I've learned to not try to predict the future simply prepare for it and with that i don't mind holding 6 500. Shares. But i'm definitely not going to hold 17 000.

Shares. Right 450 000. Worth of tkq. I want to have enough money in the market that if it does go up great i feel motivated.

But not so much that at worst case scenario. I feel defeated right and that's the last thing that i want to leave you with are the actions that you are taking today putting yourself in a position in which even at worst case scenario won't make you feel like an emotional mess. That's all only you can answer it i'm not here to convince you i'm not here to change your mind. I just want you to think about your future self not just that best case scenario.

But worst case scenario things can get worse. And that's exactly what the past seven months have taught us so again just your friendly reminder to take that into consideration so i'm very grateful for how today played out if you guys have any specific questions that you would like to ask me you know where to message me the first link down below is my free discord. It's my free. Group chat.

We have over 45 000. Members and i'm one direct message away. But friendly reminder right after the unemployment report. If this video gets over 1500 likes who do i trade with every morning.

My learn plan profit group so if you guys want the ability to watch me trade live every day. If you want access to me within our private learn plan profit discord chat. If you want access to the tech buds. Hq and if you want access to the a2z video.

Lesson library. It's all inclusive. It's a one time payment. And it's lifetime access right now we're doing a 100 off sale you don't have to join if you're not ready.

But it's one of our biggest discounts so again the second link down below. I'd be happy to see you for tomorrow's live trading session. And i would be happy to see you for even next week. Right especially as the cpi data report a simple question that i want to leave you with do you think that it would be a value for you to have someone like myself that is there to assist you i will never tell you what to buy i will never tell you what to do i will be there to assist you i trade live every day.

I share. My thought process why i'm buying why i'm selling just like i explained to you why i'm deciding to sell or reduce my position size at these levels is that a value for you what for for the past seven months would that have been a value for you would that have saved you money simple question. Only you can answer right so. Again second link down below.

Learn a little bit more about our learn plan profit group and see if it's a good fit for you i appreciate your time. Hope that earned your thumbs up get this video to over 1500. Likes and if so i'll see you tomorrow for the unemployment report. If not uh like always let's make sure that we in the year on a green now take it easy team.