Test test, one two: three test test: one: two: three: i do not like how laggy my computer is being jesus man whoa. Why is it doing this? What's going on guys good morning good morning, i can't trade like this. This is insane what a freaking waste one! Second, all right, what's up what's up good morning good morning, can you guys hear me? Okay, i'm resetting my uh weeble app one. Second, there it goes alrighty, it's a little bit better.

I miss that push! That's upsetting, but look at it going from there. Weeble was kind of lagging for me indicating signs of an upturn right now. I've been trading this during the pre-market session see definitely a lot of momentum in our favor right now there it goes sqq dropping checking out previous all right slight resistance. Just let it run how high can we go? We're live right.

What the heck! Why are they saying that we're not live? We're live, we're live we're live all right. Let's let it pull back, i'm all for pulling it letting this thing pull back. Everything have a stuffy stuffy nose today, all right, what's going on guys good morning good morning, hope that you guys are all doing well still indicating signs of an overall uptrend check that out slight resistance right around uh 37 price point. So we're approaching that resistance range support range for tkq.

I don't have to always be invested in one or the other and or you know close out my position get ready for the reversal. It's gon na you know market directions pretty clear right now. It's gon na ride the rally and not over complicate it. Uh, hey ricky, i'm seeing inflation cooling in some areas.

Are you seeing the same or just curious uh as right now the way that the market's dipping i mean yeah, the market's pulling back as of right? Now, but that's just because of how the market closed yesterday um it hasn't made new lows. No, i mean that's kind of what i would look out for today. Like are things getting worse, that's kind of what i would look out for down here of, like hey, you know we're actually making lower lows, not indicating signs of a support that would be a red sign for t qqq, which would be favorable for my position in Sequel, i again i sent out a little announcement in our learn plan. Profit discord chat this morning and i've just been getting so many people asking me about.

Like hey ricky, like i'm, holding sqq overnight. I think i'm gon na hold this one for a little bit. It's right, i'm not here, to tell you what to do. I've never been like that.

I i will never do that, but you also need to understand, like i want you to understand the risk that each etf comes with um or comes at watch out for the potential pullback right here: slight resistance again approaching 37 dollars a share um when it comes Down to sqq uh, let me start off with tq. Qqq market is more bullish than it is bearish. So, in my opinion that it's just my opinion, even if i were to buy tkq right now, if my intention was to hold it for a long period of time, i would feel pretty comfortable and, yes, things can get worse before they get better. Just like anything, but i know that the overall market direction is in my favor that it's only a matter of time for tkq to recover.

That's not the same with sqq, because overall direction is against us on sqq. You want to be selective. So when i see people treat sqk the same way that they treat tqqq, that's when i begin to like. I want to remind you what the difference is between those two and that i'm not here to convince you that you shouldn't hold sqq, because if you did, i mean it still would have paid off to some degree.

But you need to be aware of the difference and as long as you're aware of that, and you understand the different risk that it comes at, i think that's what's most important, all right approaching 37 a share for sqq but again same resistance level. Let's check out that one hour time frame 52 a share yeah same resistance right on 37 - let's not be too picky here. Let this sucker bleed all right max is beginning to curl over, so is the rsi watch out for the potential pullback here on uh sqq. Again, just because i am not selling, i will never encourage you to hold with me just because i'm willing to take on a little bit more of a risk does not justify that.

You should do the same in any way right. It's never about that. What's going on alexander understood, thanks for the insight, i always appreciate, of course, david. I appreciate you spending your friday morning with me, so that's always appreciated, so you cannot think trading strategies are the same between day trades and swing trades.

It's not even so much about trading strategies. It's more of you know, trading criteria. Just because you can day trade, something doesn't mean or just because you can swing trade. Something doesn't mean that you can day trade it um man.

I am vice versa. Just because you can day trade, it doesn't mean that you should swing traded jesus. I am all over the place, so yep ba uh pre-market just sold. Ask qqq i'm good with the green.

I like it uh. It looks like we're going to be testing that 37 price point for sqq. Let's see where we go from here, i'm looking for a potential breakout to see. If that momentum really begins to pick up, it definitely does not have to.

But if it does, i want to make sure that i can strike. Look at that 37. 37. Are we going for that strong resistance? Let's get that ready here.

He goes see if we can add to that momentum. 30. Freaking. 7.

There. It goes all right. Okay yep broke above 37 dollars, not really holding that. Well, it's not breaking out the way that i anticipated come on.

Come on, come on! Ask qqq! Don't psych me out now: let's see it four thousand dollars on the day. What that correlates on over to is uh during the pre-market session i took a two thousand two hundred thousand dollar trade, so uh, i'm up about two percent on the day. Right, probably two point two percent, because my position size is a little bit less now. Um not too shabby we actually started uh.

You know this entire. You know people always ask hey. Do you have to hold these positions overnight to do? Well? No, i mean, if anything this is where sqqq closed at, and this is when i entered, i entered below the price point where i closed that yesterday, so there was no incentive of holding overnight right and that's one thing that we must all understand is that you Don't need to hold all of this overnight. You could always not take on that risk and of directions in our favor and that reversal.

Setting up, i sent an announcement in the main chat be like hey, sqq is rising, it was still in the red. I think it was still down half of a percent, so you're still sleeping ricky. I know that's how it feels like sometimes slight resistance. Let's check this one out.

Okay, nice push. Let's see tq how we looking nope getting rejected come on come on just want to get a rejection candle. Oh all right there, it goes, bleed bleed, bleed nope in the green bleed, bleed, bleed again the more that this bleeds. The more i make just took my 100 profit on tkq all right.

So what convinced you to trade sqq rather than tkk? I called it out in the main chat room this morning like this morning at like five o'clock in the morning, uh five o'clock, my time, so that was about an hour and a half ago, uh watch out for potential support here. You guys see that potential support watch out for that um. I sent out a picture, but i sent out an announcement just so you guys could see exactly what it was that i was looking at, be like hey sqqq is beginning to indicate signs of an uptrend um. So direction was in our favor.

It was still in the red like percentage-wise, but it was definitely indicating signs of an uptrend. Oh, when i sent the picture, i think it was up about half of a percent a little bit. It was up a little bit under half of a percent um, but a couple minutes prior to that i talked about a resistance so 36, so my first message was at five fifth note: my first message: oh, i sent it at 5 48. So i'm actually looking at it right now and i tagged everyone i wanted everyone to understand before i talk about sqq that you understand that it's not something that i want you to hold overnight or anything like that.

So um yeah, i tagged everyone and i i tried right i mean my job is not to send out alerts. Uh, that's your job! That's your job to be aware of. What's going on, my job is just to update you on what i'm paying attention to and that's exactly what i was paying attention to so huge green candle for tqq, very impressive i'll. I mean that candle went from lows and then now it's pushing up.

So i don't know if that's gon na be a fake out that definitely faked me out on that one but yeah. We like those updates, um and thought process. Of course i mean that's that's what we're here for right. It's not to be perfect! It's not that i it i mean, i'm sure you guys can tell based off of my response, but i absolutely dislike when people ask me to send more alerts of what i'm trading and when i enter like what.

Oh, my god, it it bothers me so much because if i'm sharing my thought process on why i see value in something - and i share that with you during this live training session right. What i'm! Looking at what indicators you can ask me anything right. You know why is it that i see value? How is it that i see value? You know what am i looking for? We can share all that with you, but then, when you begin to ask me for i want to know exactly when you're entering and exactly when you exit it's like at that point, we're just going to have people that are going to try to copy me right. There's no incentive in that aspect: you're not learning anything you're, just okay! He just got it right.

I like that next person to ask for alerts, gets, grounded, agreed all right ismael. You called it out still holding above ema, all the one minute time frame, still getting rejected over here, i'll, be looking on the five minute five minutes not going to be as accurate right now or as useful, because market literally just opened. So, let's see what else is going on today, gme down three percent. Surprise: surprise, not really right.

Let's take that one away. Vix is up 2.2 potential support here. Potential support this one's not going exactly according to plan, but that's okay. It does not have to right.

Hmm just hate that thing in my way, so, hey ricky. Can you please comment on how you take a loss and your risk ratios? I don't get it sometimes. Can you please give me uh some comment day trading and not swing trading? Of course, so you know it's not not just risk risk to reward ratios that we're looking at right, um, definitely a huge incentive. You always want to make sure that the upside outweighs the downside.

I think it's very safe to say that you know asking the question when we started off today in the morning. We were way down here right and looking at where the market was at. Yesterday i mean that alone. I think it's very easy to see that hey.

You know there definitely is very realistic upside potential, so right away i mean, if i just wanted to play it, that safe, where hey this is overall lows. This is overall highs. That's about five percent, so my five percent upside - i don't know what ratios you focus on. You know you can have a five to one, a four to one, a three to one: there's, no right or wrong.

It's just really. Depending on how aggressive you want to be, if you, if you tend to be right, every third trade, then you're, probably going to want a four to one ratio right, you could go for a three to one ratio, but you're almost break even there um taking that Into consideration, i mean very quickly, you can just be like you know, is the upside potential actually worth it and actually realistic, don't sell it to yourself. It's not about any like it's not like. Oh my god.

I just hope it happens. No, no! Okay! This is where we're at right now, it's beginning to indicate signs of an uptrend set a realistic resistance. It's not a price point that we were at six months ago. It's not a price point that we were at a year ago.

This is a this. Is the price that we were at literally a couple hours ago yesterday right so with that? I found that to be pretty realistic. I really just look for about you, know three and a half to four percent upside and i can manage my wrist at one to one and a half percent downside. I am not normally invested this heavy.

When i just start my position, i still manage my position. Size i go in maybe with 20k - i mean you guys see it all the time 20k, 30k, 40k and the more it begins to indicate signs of an uptrend. The more i fuel it right because if i'm making money then i just want to feel more more to what's making me money and there it goes right and just began to indicate signs of an uptrend 4 500 on the day. So that's that's.

The whole concept behind is direction in my favor. Does the upside outweigh my downside, the risk to reward ratio right and then position size, three factors that we always talk about within learn plan profit right in the beginning. It's my job to make sure that i anticipate that things are not going to go according to plan. It's not that i'm scared.

It's that i'm cautious! That's why i start with a smaller position size, the more it begins to uptrend. You guys can see the more aggressive and willing i'm able or what you know um the more i'm willing to just go for it. Do you get what i mean, because obviously things are going according to plan? I don't want to be sloppy and there's never a wrong time to lock in profits. I mean that's kind of what i'm considering right now, um just looking at where we're at give me one quick.

Second, but yeah it's one of the really fun things about the market. Is that there's never a perfect way to do things? You can always try to do things a little bit different and that's challenging, but it's the challenging things in life that tend to follow with the greatest fulfillment right. Look at that 5500 holy smokes man um, i'm gon na sell three thousand shares there. Fifty five hundred i went from a hundred and eighty thousand dollar position down to a seventy four thousand dollar position.

Again, my job is not to be perfect. My job is to make sense of oversold and overbought levels. We are approaching yesterday's highs. I think i did pretty solid, i don't know about you guys or what you think i did or how i did but no tommy.

I appreciate i saw that you commented a couple of times. I appreciate you asking so politely, i'm sorry. I was answering a couple. Other people's questions, but i hope that my explanation on that day, trade uh, makes sense right.

There's three factors that i you know there's a lot of factors that you want to pay attention to, but there's three things that i always make sure that i, you know check off of my checklist direction: risk to reward ratio right, making sure the upside outweighs the Downside and then position size. Am i always perfect? No, do i get sloppy? Sometimes yes, so if you get sloppy, if you made a mistake - and maybe you didn't meet all of your criteria be hard on yourself - i'm not going to tell you not to be but understand that you're human we're all human. We all make these mistakes. So it's not about being perfect.

It's you know, hey. If you've made this mistake and you don't follow through with your position sizing all the time, then maybe hold yourself accountable a little bit more. The next trade you're not here to become a better trader in just one month or to be a perfect trader in just one month right. You literally have your entire lifetime watch that position size focus on simple progress and every trade you can focus on one other thing: hey on this trade, i'm going to really focus on my risk management and make it a habit.

I'm going to really focus on my position size and make it a habit. I'm going to really focus on risk to reward ratios and be more selective and make that a habit. You get what i mean, i'm going to sell a thousand more shares, i'm just being a little baby, and i don't want to hold too too much. But it looks like it's about to make new lows for tqk cube and new highs for ski cube.

Look at that 5500 on the day on a friday. Are you kidding me? I will take this all day long so, but with this logic, does tkq have a five to one ratio, meaning that it would be a good time to get in austin? Yes, but it again, we talked about three criteria. This is where you need to understand. Do all of your stars: align yes, five to one ratio, but is direction in your favor.

No, that simple right direction, in my opinion, has more weight than anything else. If direction is in your favor, but you don't have much upside, it still might be worth it to day trade right because direction and momentum is in your favor. But if you don't have momentum nor direction in your favor, you can have a hundred percent to one percent downside right, but it means nothing because direction is not in your favor, so it doesn't matter how much something offers this is where all of your signs, all Of your stars have to align. Does that make sense? This is why it's everything it's not just one that you check off your checklist, it's everything and the more that you drop the ball.

I do agree with you i mean tqqq is oversold. I would potentially want to buy the dip, maybe but guess what, if i decide to buy the dip and it doesn't meet that out of my criteria, i'm taking on the risk of not following through with my criteria. That's on me. So if things go south who do i have to blame me right? Who do you have to blame? If you take the trade you well, what went wrong? It has five to one ratio.

Doesn't matter direction's, not in your favor, you were hoping that it began to recover, get what i mean. So thank you, ricky for everything, uh and your good advisors. I would love to come and visit you and you guys in arizona you're. More than welcome to you guys get access to the tech buds hq.

I hope to see you guys there. You know every day, if possible, right monday through friday, we're open from 9 30 to 5 p.m. We literally created that entire facility, for you guys it's been a dream of dream of mine. If you've been with me since 2018, you know to create the first ever location for traders and entrepreneurs to be able to network, and it's literally for free for it.

I don't want to say it's for free because you invested into learn plan profit, but it's included it's at no additional cost. I don't know if you guys know that you guys can sign up it's for it's at no additional cost, so you guys get access to it all that good stuff. So if you are in arizona, i would encourage you to sign up after we hit a certain threshold and if we have two, we don't have that issue at all right now. But if we do begin to get too many people visiting us per day, then at that point we will have to put some form of restriction or paywall.

But if you get in before that, then again you get it at no additional cost. So please be aware of that: just got here and found ricky screaming good morning team. Of course it's a friday. It's a freaking friday best deal ever.

Thank you appreciate you robert, and we're able uh to come in a little earlier when market actually opens. That would be the goal. The goal is, i mean when we get enough people you guys have to understand is, like you know, we're at a very specific location in arizona and we're only open monday through friday. So you know we, our goal would be to have about you know 20 traders to show up every morning and if we can get that consistent flow every morning, i'll hire someone i'll set them up on a salary and i'll get them to be there 30 minutes Before the market opens, but you just have to understand like out of all our entire learn plan, profit group, how many people live in chandler or near chandler? How many people are available during that time and can be at our office and want to be at our office? That's where it really begins to narrow down, but definitely again, i'm very happy that we at least opened the hq.

That's a big goal that we're working towards so so mika. If you can send me a period um through discord, because if you sent me a message three days ago and i didn't get back to you - then i probably have not seen it and i go through my messages every day. So if you've sent me a message - and i didn't get back to you um, what's it called send me like a period or something and then it should pop up back on the top of my list so alrighty so i'll freaking move, don't tempt me. I, like that corrin said new nasdaq lows again: watch for the potential support level here.

So at this point again i can a lot i'll leave. My 1000 shares. Let it run with the overall market, i'm up 5.5 k on the day market's up 4.5 percent. I'm very grateful for the trades that we're able to take.

I mean you guys, saw me step on the gas we called this out from the very morning. Sq was not up anything. It was actually down when i woke up in the morning, and we saw this overall reversal play out very very well. I could jump into tq q, but one of the things that i'm trying to get better at is not always being on one side or the other.

At that point, i want to be very selective with my entries and my exits, especially on a friday. I've had such a blessed week all together today is an amazing day. You know two days ago i had a 16k day the day before that i had a 20k day. It's.

This is not a normal week for me and i i need to stay very level-headed in that sense, so i'm trying to be more selective. I know a a red day is right around the corner and i know it could be a big red day. If i continue to aggressively trade with the same mindset, so i need to make sure that i keep myself level. Level-Headed.

Humbled right in that sense that it's only a matter of time for me to take a wrong trade and i'm gon na have to make sure that i hold myself accountable and cut losses quick. So all right, so hey ricky, i'm in az! Can i stop by the hq without signing up um, i mean you're part of lpp, so, yes, i'm not going to be in there today. Most of our team will not be there today, i'm actually driving to california today we're taking a little family trip with remy and rachel, so i leave actually in about 45 minutes so yeah. I actually have to close out the live stream, because i have to film today's video and then respond to messages, and then i have to head on out so uh.

If, if you are in town, let's meet up on monday or anytime next week, you guys just let me know - and i i try to be there almost every day and i go in for two to you - know four hours depending on what work i need to Get done so, of course, it's hot over here, 100 degrees. So what's your thoughts on supply and demand strategy you'll have to elaborate a little bit more on that i mean at that point. Supply and demand can be viewed as price action right based off of buying pressure and selling pressure. Um.

Oh and now we got remy waking up, but yeah i mean. If you want to have a conversation, i would be more than happy to feel free to send me a message. Uh braided, via discord, so looks like we finally have sqcq pulling back. I want it to pull back.

I have a very light position size, the more it pulls back and even if it does continue to uptrend, i can jump back in and then we'll go from there. So at what price point would you say uh? Something is in your direction. It's all dependent on what your intention is right on a day trade. It could be on the one minute it could be on the five minute for a swing trade one hour four hour.

Do you get what i mean it's all different, depending on what your intention is for this? I knew it was going to be a day trade. My intention was to sell, buy and sell all within the same day. So you know if you wait for the confirmation. I would say a five minute time frame, you know, break above ema and trading above the moving average.

You know, especially this. The moving average is something that's very overlooked. On the smaller time frames, i think it's crucial when asking yourself is this thing: bullish or bearish? The moving average can give you a better understanding if it's trading above it that it's bullish on the day and then if it begins to trade below and or near it, then again we can be heading to heading to that that bearish um trend. So i would say the five minute would be more accurate, most often based off of the stocks that i tend to trade.

So so do you look at price actions more or indicators? I use both, obviously, but definitely price action. At the end of the day, an indicator can be telling me, you know: hey, i mean it's overbought right, no question, it's. It's been overbought, but it was look at this. All these indicators were overbought over here and i respect them.

I respect these indicators, but i know that price action and direction has more weight and that's what i always remind myself with so we'll see where it goes from here, but uh i'm getting ready to potentially buy just in case. We find a support here. Where is the five minute time frame? Okay, we still got ways to go, so i'm gon na chill out no reason to force that entry i'll keep you guys up to date on. You know what i plan to do, but i think it's very obvious.

You know where my focus is at for today. I don't want to shift back and forth i'm going to be busy driving today, but if you guys have any questions, if you're new to the team introduce yourself, i don't want you to be shy. I don't know if you're a part of any other groups and if the other people are not very approachable i will be. I will find it disrespectful if you don't introduce yourself.

Let's just leave it at that. I want to know you. I want to become familiar with you. I want to know what your goal is, keep the message short and sweet.

You don't have to you know, send me a paragraph in mla format, but introduce yourself know that it's that simple to message me at any time that you need me. I i'm not easy to access, so i really do appreciate you guys time hope and wish you guys an amazing friday and blessed weekend, please be safe. If there's anything that i can do for you, please just send me a message via discord and friendly reminder. Uh.

We we do have our cell. What's it called um, i do apologize. I did find out yesterday that our discount code for lpp is only 15 off, so what i will actually do right now is. I will actually make the discount code 20 off, like i said so anything on the site.

If you want the charging bull statue, the mouse pads, the aluminum art anything that you want for your trading office for your trading setup, if you even just want a wall street anything you guys get 20 off your entire order. Just use promo code lpp at checkout. So let me go ahead and edit this real, quick one. Second one.

Second, there it goes twenty percent off your entire order. The order just has to, of course, uh be a little bit uh be over twenty dollars, but i think everything on our store is over. Twenty dollars, so that should not be an issue, but again twenty percent off the entire story. I appreciate you guys time.

That's at shoptechbuds.com, um again uh, like always continue working hard continue following dreams. Let your passion be a drastic success. Sq qqq is pulling back a little bit, so let's let it bleed and let's um wait for that overall reversal. Like always let.