Test one two, one: two: what's going on team, it's ricky with tech, but solutions and welcome to our free live trading session, so we're off to a great start. I was already working with the learn plan: profit, just updating them on. You know how the market was performing during the pre-market session um. We could see that ever since the market closed.

Yesterday, we were somewhat almost selling off based off of previous highs of 30.70. We pulled on back to lows of 30. We caught a support during today's pre-market session and began to make these higher highs and higher lows. We did pull back to lows of 30 40 at one point today, uh, but it looks like we're still beginning to indicate signs of an option.

One of the things that we always like to remind some of our beginner traders is, instead of trying to force a trade right at market open market's, going to open just a couple of seconds, sometimes taking a step back, allowing things to kind of play out and Giving yourself more time to truly identify market direction um it allows you to avoid and waste day trades right, especially if you are under the pdt rule. So um. Can you guys are we live? Can you guys see me okay, so you guys should be able to comment in the live chat. So let me get a show of hands of how many people are joining us for the first time so market just opened.

6. 30 a.m. 9. 30 a.m.

Eastern time right there, it goes markets indicating signs of an uptrend, let's go ahead and i'm gon na add just 250 shares. I'm going to add lightly to my position just enjoying this whole process there. It goes ding, ding, ding, first timer. Well, it's not easy.

It's not easy to be here right, you guys could be sleeping in it's a friday, there's a lot of different things that you could be doing. I really do appreciate you guys taking time out of your friday morning and joining us for one of these live sessions. Um, i really hope that you learned something new. I hope that you enjoy it and again.

This is something that our learn plan. Profit group gets to experience every single day, so i do host these free live trading sessions once a month. Uh. So make sure that if you want me to continue to host these live sessions that you um drop a thumbs up, if you feel like we earned it uh and, of course, consider subscribing right first time.

First time, all right, so we're going to be breaking down stocks uh we'll be uh, taking a couple of trades. So right now, i'm adding to my position on tqkq. Why again, that's one of the main reasons of these whole live trading sessions is to explain the thought process. Tkq is indicating signs of an uptrend making higher highs and higher lows if something's making you money.

Obviously, you want to fuel it right if something's making you money and it's indicating signs of higher highs and higher lows, then that's when you can step on the gas 16 000 on the day here goes testing 3165. Looking a little bit more on the overbought side. One of the things that i quickly want to point out is on the one hour time frame. There is this descending resistance level right, i'm not just here to talk about all of the good without taking into consideration some of the bad some of the bad, obviously, because of that descending pattern, the market's been more bearish than it has been bullish.

This is something that you have to take into consideration when it comes down to hey when we're at very overbought levels. Maybe it's not the worst idea to lock in profits at some point or another uh looks like we're experiencing a slight resistance here right around 31.70. Let's go ahead and see what we have all righty slight resistance right now: 31. 65.

39.70. Here it goes testing new highs, testing, testing, uh twice a month, please, okay! So we have people asking for these free sessions twice a month. I i appreciate i really do, but even if we just do it once a month, i think that that's enough just to give you guys a taste of what our lpp team gets to experience. So i'm going to lightly reduce my position size here.

I'm going to sell 2 000 shares just to play it safe. I'm going to go back to 7 000 shares during the pre-market session. I had 14 000 shares in teq. One of the things that we're here to remind you is your job as a trader.

At least i can't speak for you right, but at least my job as a trader. It's never to be perfect. My job's never to be perfect. My job is to be the best version of myself to have a reason behind everything that i do.

I never and again i'm i'm. I want you guys to understand how real this is. I never enter a position perfectly. I never exit a position perfectly and i feel like this is like this like ideology, that a lot of beginner traders sometimes work towards.

Is they always work towards? I want to buy it at the lowest price point. I want to buy, sell it at the highest price point and although it's good to work towards those goals of yes, you want to buy at effective, buy levels, effective cell levels. The idea of being perfect every single time you in my opinion, you kind of have to get over it. You have to understand that that is not realistic.

That is not sustainable. The goal is to be consistent in everything that you do right and i would rather be effective, even if i don't have the best entry and exit, but at least i'm effective during my entire trade. I think that's what's most important, that's what's most crucial um. So tkq i reduced my position now, i'm i'm uh.

I pretty much sold half of my position already, so i had over 14 000 shares here. It goes it's already beginning to pull on back. I wanted to pull back. I needed to pull back so i can buy at a better price point.

Macd. Do you guys see that it's looking overbought, it's already showing signs of a resistance level, and so is the rsi? The rsi is showing a little bit more signs of it being on the overbought side, and one of the things that you'll begin to realize is that no indicator is perfect. An indicator is just to be used as a reference. Never has a sole reason on why to take a trade, but it can just make things, maybe a little bit more easy to understand.

You're like hey. Why are we showing signs of a resistance? Ah macd rsi, it's indicating that it's overbought, maybe due for a pullback. Maybe i won't buy here, maybe i'll reduce my position, size or i'll just hold off and wait for it to pull back a little bit, but sometimes it doesn't even pull back like yesterday was a great example of a very bullish day where it rarely sold off. So we'll see where we go from from right now, um, so are you live streaming the whole day? No, i'm not live streaming.

The whole day uh. So this live stream will be about one hour long um, so sit back. Relax, if you guys have any questions that you want to ask me, feel free to jump on in into the live chat and ask me and i'll try to answer it to the best of my ability. As long as i see it, so they're good um tkq is already showing signs of a support, also friendly reminder - you guys definitely don't have to.

But if you really like what you experience, it's the whole point of these free live trading sessions. If you really like what you experience today, if you like the way that i trade, if you like my thought process and if you value me and would like to work with me on a closer basis, you guys know - and you guys hear me talk about them All the time it's my learn, plan profit group. They get to watch me. Trade live every day.

This live stream is normally exclusive, just to them every single day at market open you get access to the a2z video lesson, library, the private group chat. And yes, you get access to our tech buds hq in chandler, arizona, it's all inclusive! It's one time payment and today we're running our biggest sale and it is 150 off again. You don't have to uh. We do have limited coupons, so i'm gon na put the link uh.

The link is in the description, but the link is also. There goes we're making new highs on tkq. The link will also be pinned um in this chat, so um, if you guys do want to sign up and you've, been waiting for our biggest deal um or the biggest sale. This is 100.

The biggest sell that we're going to offer. We offer nothing bigger than this. We do offer a payment plan uh. You can't use a discount when it comes down to that, but we do offer a payment plan.

If you need it, it gets split into two payments. So again, 150 off the alarm plan. Profit 2.0: it's all-inclusive one-time payment and you get access to everything. So again, i hope that you learned something new, most importantly, so sit back, relax and enjoy so long time.

Watcher first time live. What's going on steven, i appreciate you tuning on in watch out for that resistance level at the 32 price point, one of the things that we pointed out um yesterday is that resistance level. Let me see on the 30 minute timeframe if we could see it a little bit more clear resistance level right around 32.50 to 33 dollars. Yes, you can see that this has been a very, very common resistance level uh for the month of may uh.

So because of that, just please be aware, as we begin uh to approach that significant price level, i would hate for you guys to buy very aggressively at these overbought levels, and then it just begins to pull on back. So it looks like we're beginning to indicate good signs of an uptrend i'm going to get this one ready if we break out at above 32, i'm going to add more to my position size, so i'm either gon na wait for a pullback or i'm gon na Wait for a breakout, so, let's see which way it ends up going also tesla's not doing too bad either up two thousand dollars on tesla, but i don't really update tesla as that one's more of a swing trade right. So i increased my position. Size to 75 shares, as of yesterday, i added more as it began to indicate signs of an uptrend.

I plan to be about 200 000 invested when i'm fully invested. But, let's be honest: tesla has a lot of upside margin and also a lot to prove, meaning that i i don't want to rush into it. I don't care if my average purchase price is 800 or 850.. I don't care about that.

I i want to buy when it's indicating signs of an uptrend. I want to step on the gas when it's indicating signs of an uptrend. That's what i really want to do. So there goes 19 19k.

On the day we got 7 000 shares, let's step on the gas. If, oh, i'm going to be stepping on the s, if we break above um, let's see it, can we break 32 dollars a share uh, so so i heard ricky's livestreams are for his private group yep. So these live streams are normally private yeah. Here it goes.

Um, if you guys want to join the first link in the description or on the pinned, live chat, there's a 150 off coupon. So if you want to learn more about it, click the link and it breaks down everything, that's included. I just explained it to you. There's not you know, there's no payment, there's no um monthly payments, there's! No, it's not a monthly thing.

It's not a yearly thing. It's a one-time payment lifetime access, that's all and you get access to everything. It's the only thing that i offer. So if you like what you see - and you want to work with me closer - then that's it right.

So i don't want to talk too much about it. We want to focus on these trades as it's looking pretty solid but again just know. First link in the description and or pinned in the chat um, let's see so so right now, i'm looking at the one minute time frame, uh we're looking at that resistance level at 32. So you guys could see that we hit 31.99 um looks like it's somewhat.

Slowing down. Macd is beginning to curl down a little bit one of the main reasons that i'm waiting for the break up here. It goes i'm waiting for the break above 32 is, i want to see if it begins to break out, i would hate to buy at 32 and then it just drops right and there it goes. So, let's see if we actually continue to indicate signs of an uptrend so broke above 32 indicating signs of an option: 32.05.

32. There goes just hit 20 000 on the day. Let's see, if we keep on going, volume is looking good. Momentum is looking good.

It looks healthy, doesn't look too shabby. What do you guys think? What do you guys think about t q? Should we lock in profits? Should we reduce position size? I feel like it's looking healthy rsi is looking a little bit more on the overbought side. So again, if you're a little bit more of a conservative trading, you're like ah you know this is too overbought for me. I agree with you, i'm not here to convince you.

That's one thing that you'll learn about me is that i'm never here to convince you to do what i do. I understand that we all tolerate risk in different ways and therefore we have to respect that about one another right. Uh futures are rolling over i'm out hell with it. Should i be selling sqk right now again, we're also not here to tell you what to do so.

If you're going to be joining, my group - and i say this very openly - do not join my group to copy my trades. Do not join my group for me to tell you what to do. I will never tell you what to do. I will assist you.

I will answer your questions in real time right. I will tell you what i'm doing and why, but i will never tell you where you should buy, where you should sell nothing like that. I don't sell alerts. Uh be be honest with yourself.

You never learn by copying, think about anybody. That's successful in life. They either figured it out on their own and learned how to do it and understand how to do it, because, when it comes down to copying, imagine being dependent on someone else for the rest of your life needing to be or to rely on someone else. To tell you where to buy, to tell you where to sell again, isn't the whole point of doing well in life is to be self-sufficient right to not depend on others, and that's kind of you'll see a lot of the people within our learn plan profit chat, Uh they'll they'll join the live trading session.

They'll engage in the main chat room uh, but we all have very different trading styles right, and i think that's one thing that like you'll, have to come to understand is how important it is um to be your own person right. We all see value in different ways, so, just because i see value in a specific setup doesn't mean that you need to as well and there it goes. It looks like t. Kikiq is pulling back a little bit after hitting highs of 3210, all right uh.

What ema line am i using? So i have the 40 ema as of right now, 40 ema looks like we are pulling back we're gon na retest. This 3170 support, let's see all right, showing signs of a support. As of now we'll see if we can get that green candle and make those higher highs all right, it's looking healthy. Let's see that second candle can we make those higher highs above 32 dollars? Do you mainly trade tkq, or do you also trade top gainers uh you'll, rarely ever see me trade, something that is like a top runner.

That's not my style and people love to ask me if i break you why why would you trade the same thing over and over again, i think that's a great question. Some people get so offended. If i i mean i have my bread and butter right, tiki and ask you, but i also trade tesla, i trade, you know a series of other stocks is just this. Is my bread and butter and ask yourself a very simple question: what's the goal in the stock market, the goal is to make money and if you can make money consistently in one specific section, one specific area and you don't have to over - complicate it by trading Other things, why would you over complicate it by chasing other stocks that you're not familiar with right? I think one of the great things is that the more you become familiar with something and it's characteristic, the better chance you have in understanding when to enter and or when to exit right, and that's one of the main reasons that i prefer to really just focus.

On on what makes the most sense to me so looks like we are pulling on back. Let's watch for the break below the ema. I'm gon na have to reduce position size again. Not every trade goes according to plan.

This is why we don't copy one another right so we'll see if we show signs of a support. Okay, so a goal is to be a better trader. Money is a byproduct. I i agree: money is a byproduct of you know, being a good trader, and also you use money as a vehicle to make more money right, but but that vehicle is something that gets bigger and bigger um, as time goes on right.

It's not that just because you have money that you should start trading with a big chunk of change right away. It's not about that! If you're joining our group, if you're really trying to learn how to trade, then focus on what you just said: learning how to trade imagine going to college or going to a university right and as soon as you sign up for your degree or for your college And your classes imagine expecting to be paid for whatever your profession you're working towards it would be kind of funny right, you'd, be like no like you have to put in the work first put in the hours, and then you know this is what happens after trading? Is no different, the fortunate part about trading is yeah. You could make money as you learn how to trade, but that shouldn't be your focus right. I think that's a great analogy to put things into perspective that it.

You know nothing in life worth having or doing should ever come easy and trust me the stock market's no exception. So i think that's one of the main reasons that i enjoy it. So much is that it really does challenge me. How do i wake up every morning right? How do i trade, you know, people always ask me: how do i trade live every morning? Don't i get tired having a newborn? I definitely have missed a couple of days right when my newborn was born and all this stuff right, i just i enjoy it, there's something about the market that i just love.

I love how it challenges me like nothing else. That's why i enjoy it, not because it's easy, but because it's hard right, i think that's one of the main reasons that people get so tired of their nine to five job. It's not that their nine to five job is horrible, not necessarily, but if you're doing the same work over and over again - and it's not necessarily challenging if it's not fulfilling and what are you doing right, you're there just twiddling your thumbs, there's nothing wrong with it. I'm really big on a stable income.

I think stability is so important. It's how i got started right, but i think, if you want more out of life, then you have to work twice or three times as hard as the average person, but you work hard at your normal job. You work hard at your side, hustles all that stuff. You put in the work you put in the hours.

Nothing's deserved everything is earned right, at least that's my two cents here. It goes higher highs, support validated at the ema line, retesting 20k. On the day, all right, i'm gon na do a better job. Oh, my gosh dude tesla chill out holy smokes five percent.

I haven't even had a chance to average up on this bad boy, i'm just gon na i'm not gon na average up too heavy. This is not a day trade for tesla. So please don't i'm not gon na sell this one anytime soon, just added 10 shares i like to keep it light. Keep it light, keep it tight right, stay effective, don't put yourself in an impulsive position, that's too heavy that you can't tolerate one of the probably worse things that you can do position sizes is so important position.

Size is almost more important than your average purchase price. I'm serious, if you actually think about it, one of the most common mistakes that beginner traders make is that they trade with emotions right. Why do you trade with emotions, you trade with emotions, because of the money that you have behind that trade? It's not because of how difficult the trade is that emotions come out. It's because of the money that you have on the line if you're losing money emotions come out if you're making money emotions come out 21k on the day.

So what can you do? What can you do to control your emotions? You control your position, size same resistance watch out for a potential resistance level, i'm choosing to hold a little bit longer. If you want to lock and profit again, my job is to look out for all of our beginner traders. If you think that hey this is an overbought level, i'm going to lock in profits. Do it right, but if you think that it's going to continue to rally - and you want to continue to hold then hold it so what's a good capital to start training with, please don't spam, the chat um, i i will remove you out of the chat room.

I know you probably didn't know that, but um we have everyone being super respectful to one another. Please do not spam. The chat don't ruin it for others um, but what's a good uh capital to start with that, that's a very difficult question, because good capital is different for everyone. Um, i feel like.

If you could right, you need to ask yourself what's enough money for me to really take this seriously, that's different for everyone, because everyone's told rates money in a different way for some people. It might be a couple hundred dollars for other people. It might be one or two thousand dollars this. This is not a ego contest.

This is not. This is not where i'm like. I asked you and you're like hey, like i'm, okay with fifty thousand dollars. It's not about that right.

What's enough money for you to take it seriously, but not so much that if you were to lose it all, you would be devastated. You need to find that balance for some people a couple hundred dollars for others, one or two thousand. You can start with five thousand. It doesn't matter right, but the idea that you should have is you're not trading, to make money you're trading to learn the making money.

Part comes later right. You ask that question and make sure that you ask it to yourself backwards. You're, starting with that money, the idea is to trade, with more prove it to yourself that you can do well with that starting capital, and then you skill, when you can prove it to yourself right. It's almost like when you start a business you're not going to just start with all the money in the world you're going to test it out in increments, same thing with position size right, all righty.

It is showing signs of a resistance level here, although i don't want to what do you guys think i mean it's not pulling back, it's just showing it's not really. I feel like it's losing its momentum right. It's not progressing as much as it was, and i'm just not going to over complicate it here. It goes i'm just going to reduce it a little bit.

I need to i'm in a little bit too heavy in there, because it of course, pops out there's this very common thing. If you're part of my lpp team anytime, that i sell it's like oh ricky sold it's about to continue to go up and it does happen. Often you can ask them everyone, that's part of lpp. They will tell you i mean yes can say it happens.

Very. Very often where, when i lock in profits, it continues to uptrend, but again my job's not to be perfect and that's why i kind of make fun of myself in that sense, because i want you to understand that it's okay, to not be perfect, that it's okay To lock in profits, you know a little early. Our job is to lock in profits at the end of the day right, one of the worst things that you can do is going from a green trade to a red trade. Do you not agree so yeah? It's funny it's a light-hearted joke.

I can make fun of myself right, make fun of yourself. It makes it easier to understand what your actual intention is. Your intentions to lock in profits, so don't over complicate it right. Try to answer some of your questions.

Uh. Do you ever use v-wap, i used to use a view. Op uh. According to my understanding, uh uh weeble does offer a wee of v-wap indicator.

I just don't find it as useful and i also don't trade um the same things that i did when i used to trade with the view op um. Now i just focus much more on market direction. I almost keep it a little bit more simple. I focus on market direction and price action.

I take momentum into consideration and just with those you know, uh simple, uh kind of like criterias that i look for um. I almost use indicators less now and i see it to be more effective. I like to use - and this is why i've tried to say this over and over again - is that i like to use indicators now as a reference. Never as a sole reason on why to take a trade, and i feel like after i've made.

That decision - and i really like instilled that in my head, i began to perform a lot better because i i almost play it safer instead of trying to rely on something else and safer. This past five month period has has been, has played in my benefit. Do you get what i mean it's like locking in profits early has played in my benefit because of this bearish market. Again, it's anyone can get lucky and make money, but it's how you control and really carry yourself on the red days.

That really, i would say, judge your character as a traitor, and i think that's one of the main reasons that i always say i try to stay very level-headed. People sometimes take offense to it. When i, when i talk about it, uh, you know on my green days i prepare for my red days and on my red days i prepare for my green days, people on youtube, they're, like oh, my god, ricky you're, so negative. How can you say that why why are you always preparing for the red days, because i've been in the market long enough, that i understand that nothing is guaranteed right.

My job is to be realistic, not to be hopeful. So how come you earn money? Look so easy, i think you're trying to ask me how come i make making money looks so easy. It comes with time right, it's like how do you when you look at a professional baseball player or professional athlete, you know, play baseball and he hits a home run. How do they make it? Look so easy, you imagine my skinny butt up on the plate, trying to hit a home run, it's gon na be much more difficult.

Right doesn't mean that it's impossible. I probably can't i'm pretty confident on myself that i can probably hit a home run, but it's going to take some practice, i'm going to have to work up to it. It's going to take me time for it to be and make it look as fluid right. So seamless, but it's because i know what i'm looking for right.

That's the whole thing. It's people like to ask this all the time: it's how do you? How do you know what to do? How do you know what not to do? How do you know what to trade? How do you know what not to trade? How do you know what to it's all about of a general understanding of what to do and what not to do so like i've said it so many times before you can learn all of this on your own. You know i and i and i offer learn, learn plan profit, but i know i've said one of my most popular videos on youtube. Is you know i learned how to trade on my own.

I know it's 100 possible. I preach it. I encourage you to watch other people on youtube. That's not the secret.

My question to you is: how much time and how much money will you lose and how much time will you waste as you learn how to trade on your own or you could sign up you don't have to, but if you like, the way that i trade, If you like what i offer the a2z video lesson, library, the daily live trading, the private group chat, you can ask me questions every day and then access to the hq, my job is to offer you everything that i can to be of value to you to Give you the tools and resources to be successful. Job is not to work for you, i'm here to assist you i'm here to make it easier to understand what to do so. I'm just here to condense the time that it takes you to learn how to trade right. So you can either do that by enrolling it's 150 off today or you can figure it out on your own.

You have to know what you're looking for. So it's just going to take a little bit more time. That's it there's no right or wrong way to do it. It's just dependent on what you value more your time or to figure it out on your own.

I feel like it's pretty easy right yeah. I appreciate that question. I don't get offended by that question at all at all at all right um. I love it because it allows me to explain myself on why i offer what i offer people love to ask like ricky why'd.

You start the hq for learn, plan profit traders, because i can and because i wanted to provide something that wasn't available when i first started trading right. If i want to be the best in what i do, which i tried to be that's all, i can really do right. I'm not perfect, i'm not going to pretend to be, but i'm going to reduce position size, it's showing signs of a resistance here. So i reduced it from 13 000 shares.

I think at 13 000 right down to 8 500, so reducing waiting for a pullback to see where it goes: um 21k on the day, but yeah my job's not to be perfect. I know i'm not perfect, but i i will show up and be the best version of myself and offer the most that i can to the best of my ability to the people that value me which in return, i value you right, the hq. Why do i trade live every day? No one else does it. Why would i do it because i can and because i will and because i enjoy it, so i really like your thought process.

You have a really good mindset. I think it's because i i try to stay very level-headed, even when i you know, if i'm wrong i'll admit it. If i'm right, i normally won't gloat on it. Unless you piss me off right the amc people i like messing with them, it's kind of just more of a love-hate relationship, but other than that.

Even when i'm right, you can ask everyone right when i post my profits and if i have a significant green day, you know. Yesterday i made 25k today i'm up 22k. The day before i made 21k, these aren't normal days. I'm not going to pretend like they are.

I like to remind people like hey, we got we did really well today. It's great it doesn't matter how much money we made today because tomorrow presents new challenges ricky. Why are you think so negative all the time? It's not negative, it's i'm being real. I've been in this market long enough that i understand that nothing's guaranteed.

So i control my emotions. I bring my hype back to earth and we approach the next day as this as it's a new one, because that's exactly what it is: okay, well, i'm going to reduce it. Uh to 8 000 shares i'm gon na. Let this thing pull back a little bit.

I feel like we've done pretty well with it. So one more time, if you ask me a question like this and you spam the chat just again out of disrespect to everyone else. That's asking me a question: do not spam the chat or i will remove you so so how much money do you, trade with um? Every trade is different just depending on if market direction's in my favor um. One thing that you need to know is 5 000 shares that i have are shares that i'm holding um.

The difference is what i'm trading with. So if i have 15 000 shares, i'm really just trading the ten thousand, the difference of it. I will always hold five thousand shares of tqq. I view tqq has a really good um deal right now and i expect the market to recover.

That's my expectation, i'm not here to to you know, overwhelm you with my opinion uh. This is why you know i i try not to right, i'm just explaining to you why! So as of right now, i have 3 000 shares that i'm trading with that. I will sell by the time that the day closes, so i hope that makes sense right. I can trade up to 20 000 shares.

It doesn't matter right, but at the end of the day i will bring it back to 5 000 shares because i'm only trading with the difference of 5 000 shares uh ricky. What is your daily screen time? Um? What do you mean by that new highs on tqq and i'm fine you're like ricky, you lot, you locked in profits, it's still going up well. This is why we leave a couple of shares open right. This is what we talk about: reducing position size, but not being able not being afraid to leave some money in the market, allowing it to continue to rally even when things are overbought right, there's no break of pattern.

So why have i not sold my entire position? That's a pretty good question right, so why haven't i sold my entire position? Well, why would i right we're still trading above the ema line on the one minute time frame, this thing isn't indicating signs of a resistance just yet it's not pulling back. It's not selling off, so why would i sell right? This is why we talk about have a reason behind everything that you do know when to lock in profits. I want to give you a great example of this yesterday, if you're part of the learn plant profit group, i was talking about the five minute time frame and if you look at yesterday on the five minute time frame, ah shoot i'm gon na have to one. Second, if yesterday, if you look at the five minute time frame, it was the perfect indicator, because it only it began to trade sideways right on over here right, but it held above the ema line the entire day until it didn't, and until that time you know You could have locked in profits there so from an entry to an exit.

This was a perfect day - trade, perfect it. It doesn't, in my opinion, get more perfect than this and that's what i i love about it kind of like this setup. This isn't very normal. Let's not pretend, especially with current market conditions.

This is not very normal um, and this is why i think i'm so like optimistic about um the market right now of like yeah. I love the way that it's trading but dude come on. We cannot ignore the obvious right, this descending resistance that we've had for the past two months, i'm very grateful for for this recovery, but i'm not sold on the idea that this thing has to recover without a pullback so uh. This is why i you see me reducing my position size, because i don't fully trust it.

Why? Well because it's been selling off for five months, so why would i trust the three day rally if it's been selling off for five months right so yeah? I am using weeble um if you guys want to earn free stocks when you guys sign up just send me a message via discord, um and i'll, give you uh a sign up, link and you'll get six free socks. I think the link that i use gets you better socks. I know they told me something like that, but yeah feel free to send me a message via discord. Just be like, okay um send me your send me the web link and then i'll send it to you.

So uh just shoot me a direct message on disc. I think it should be in the description of this video. I actually don't even know. Oh, we have quite a bit of you here.

I actually was unaware. We have 597 likes, yet we have over 2000 people here, i'm offended what i thought you guys wanted me to host more of these live sessions. How do you want me to hold host more of these when barely 25 percent of you, you know, are dropping a thumbs up uh on average? How many members watch your live sessions? Ah, i'm not too sure i normally don't keep count, but that's a good question out here in goodyear arizona like the stream all right i'll leave it up to you guys we're actually thinking of throwing a a pizza party, maybe next week. What do you guys think about that? So, after the memorial day weekend, um at the tech buds hq in chandler arizona, i want to get a show of hands.

How many of you guys are are here in arizona uh would love to host a you know? Pizza party, we don't you know you guys, can just meet one another. I think that's one of the great things, that's kind of just like a co-working space. So, if you're a trader, if you're just getting into trading, if you're experienced it, doesn't matter right, it's just meeting people that share the same or similar interests like you, that's what i love about the hq. It's it's an environment that you know we all have dreamt of and that we have online, but it's different when it's in person, so here in tucson, all right all right! Well i'll! Leave it up to you guys.

If this video gets 1500 likes, we'll throw a big pizza party next week and we'll invite all of you guys right all right here, we go still indicating signs of an uptrend. I'm not sold that it's going to continue to rally as aggressively i'm actually going to reduce it a little bit more. This is just me being paranoid. I'm trying to play it safe.

I reduce it to 7 000 shares, so my position size is now reduced by fifty percent um. I only have two thousand shares open that i'm day trading with the rest, i'm holding um and i enjoy it, i'm okay with it, because you know why, when i lock in profits early, you know what i really like about it. You know how it makes me feel, even if it does go up it's like yeah, i can always re-enter that's. My mindset like i could always re-enter, which is true.

I might miss out on a little bit, but it's okay, i'm playing it safe, which overall big picture - that's more important. Second, it kind of excites me that when it does pull back, i'm like perfect, this is what i've been preparing for, how many of you guys get excited when your stock pulls back, probably not too often right. It's probably because you're too heavily invested and again it's keeping that balance, keeping that understanding of like hey at overbought levels, i can't be afraid to lock in profits or reduce position size. So when it does pull back, then we can take action right.

It goes hand in hand, so is tqtq a good long-term investment um. It's it's a triple leverage etf. I wouldn't say it's the safest investment now, just because i'm okay with investing into it, i will never overwhelm you with my opinion. Um, i think a safer play.

Would be qqq this one's triple leveraged qqq is a single leveraged now stack etf. I view that to be you know if you think that the nasdaq market's going to continue to recover, but you don't want it to be triple leveraged, then i would trade qqq. So, instead of you know the triple leverage, three time movement, it's a single coverage. So when the nasdaq market moves one percent, then so does qqq.

I feel like that's a safer way to put it makes sense there. It goes. It's still indicating signs of an option. That's not a significant pullback, my goodness, it's still showing signs of higher highs and higher lows.

It's not giving back at all, and i mean it's amazing, but it's like three days in a row: dude six percent. Today. What was it eight percent yesterday and three or four percent the day before, like this, has to be one of the best nasdaq trading weeks, in probably like two or three months watch all these news outlets comment on that they're gon na be like nasdaq on track. For the best trading week since of 2022, something like that and then you'll see a lot of buying pressure just continue to when they announce things like that, or vice versa.

Nasdaq on track for one of the worst trading weeks of 2020 you'll see that either more selling pressure will come in or if it's bullish, then more buying pressure comes in it's just the hype right. This is why we say that almost every reaction tends to be an overreaction in the stock market. So um, let me see: what's that wait? Why was that one deleted? I don't understand, hey, i'm still young, but i want to get into trading. Do you think it's worth spending uh one to two hours a day paper trading uh so by 18, i'll be somewhat ready to invest so first off um casey with your parents permission right, because if you're under the age of 18, you do need their permission um! I think it's great that you're getting started at such a young age.

Do i think that you need to do it every day? No, and the reason i say this, is i don't want you to burn yourself. I i see it happen very often and please you know i mean casey you're super young right, i'm literally probably 10 years older than you, i'm just saying that, because i'm beginning to realize how old i am. But with that being said, i want everyone to share their opinion. I often see when someone gets started and they obsess about it, which you should right.

But if you overwhelm yourself with something over and over again and if you're not making money right away, you burn yourself out and you end up not wanting to do it any longer and that's what i don't want to happen. I don't know if you guys would agree with that, but i think that's super important to remind our beginner traders and our young traders that, like you, want to keep a really good balance of like you want to keep it exciting and always wanting more. But not do it so much that it almost irritates you to wake up in the morning. I don't know if you guys agree with that.

I just know that, based off of my experience, i see that happen so often with younger traders, because they chase that instant gratification right away and if they don't get it, then they move on to something else, and i just feel like you just didn't give yourself. The time or the yeah the chance to really blossom in any market right, i'm not saying that oh trading is for you, but if you're going to do something, then do it right right, where i do think yeah. If you want to do it every single day limit yourself, though, always keep yourself wanting more. If you overwhelm yourself with it more often, you will see that you know um, you end up burning yourself out and then you're not no longer going to want to pursue it.

So at least that's my two cents, i hope, but do i think that it's a good idea to paper trade 100? Do i think that you need a day trade? Not necessarily you could day trade any time that you know days like this. It makes sense to day trade right. That's the thing that people don't understand is like every day is not worth day trading, because you have a set list of criteria. You should have a set list of criteria and if, for me, it's like, if direction is in my favor, if price action is in my favor and momentum is in my favor like today and like yesterday, like the day before those are days worth trading.

But if the market's bearish or the market's choppy, we know what choppy markets are right if you've traded this past month. You know what those are. Those are not days worth trading, that is when it's worth staying cash, not being in anything just let the market bleed. Who cares? Don't waste your time? Looking at the charts move on with your day, the whole point of trading is to be efficient with your time.

If i spend eight hours trading, am i and i make fifty dollars yeah i made money, but at that point i can get a job and make more money. You get what i mean. The point is to be effective with your time, but i can get in and get out when the action is happening and that's what i want you to understand trade when it's worth trading when the market meets your criteria, same thing with swing trading right now. Yes great opportunity, a lot of good deals but know when to step on the gas when direction is in your favor.

Let me know if you guys agree with that. This makes my day please hit the like button. I agree hit the like button there. It goes about to hit 24k on the day.

What do you guys think? Are you guys enjoying the live session today, so i joined lpp. I cannot find where i can receive the lpp members alerts. Uh. Do i need to be a discord? Invite so stewie great question.

If you go to learnplanprofit.com and you sign into the course the first section of the course there's going to be a discord link that will give you access to our private discord, chat and that's where we post the morning live training session. There should be a video that explains to you the link down below and all that stuff, but it's all provided for you in the first section. It says like how to join discord group so again, please make sure that you review the course before you even begin to start treating, so you can begin to practice that material. So i appreciate you asking and welcome to the team all right thanks, i enjoy it.

All right happy to hear so how much is it with the 150 discount? It tells you click the 150 discount and then it'll tell you how much it is. I don't know it's 350, something like that. So it's normally 500 right and it includes everything we talked about it right, lifetime access and all the updates to learn: plan profit. 2.0, the daily live trading sessions, the private group chat and access to the attack.

That's huge think about it. Do the math 350 a day well, there's 365 days in the year right, even if you were just to solely focus on this for one year, you have access to everything i just said literally breaks down to less than a dollar a day. So if you want it great, if you think it's, if you value it enough great join this is our biggest sell ever. If you don't value it, then then you won't.

If you don't value it now at this discount, you won't ever value it right and there's no reason that you need to join so just understand that like understand what it actually is, what you're getting for what you're paying so we'll be joining for sure. Well, happy to have you as a part of the team there. It goes 3250 just broke 24k on the day, i'm still staying light, i'm just gon na. Let it run with the with the money that i have right now.

No, i'm not gon na be making the most money that i possibly can i'm not fully invested but uh. This is actually we had an in-person session yesterday at the hq, and this is actually a topic that we talked about where um you know, we were talking about how we average up into certain positions, we're having some of our local traders plan out their trades and One of the things that we uh brought up is you know: a lot of people were trading if they were fully invested every single time and they were talking well, i plan to average up three times. This is how it's gon na go, and i do agree in a perfect picture when you're planning out your trade. You know it is very easy to plan that out, but one of the things that i like to remind people is that the market is not perfect and sometimes when a stock gaps up overnight, your average price of where you intended to average up, we surpassed it Already so now it brings up the question of like well now it's five dollars above what you thought you were going to buy at.

Do you still want to buy, and one thing that you need to understand is that yeah, the goal is to be fully invested. That's the goal, but you have to understand that sometimes the goal doesn't always work out exactly according to plan and instead of forcing that average up right instead of forcing oh, i'm gon na still buy more. Why not just stay at the position that you're in right? Why over complicate it, why do you have to be fully invested every time? Don't you find yourself? Sometimes, when you force a trade or you force an average up that, then you sometimes feel uneasy, because now you're not really following your plan, things aren't going exactly according to plan and now you're, more emotional you're more vulnerable. If the market or the stock sells off you're not going to be able to tolerate as easily, and now you begin to put yourself in a tougher situation.

So again, the goal is not to be perfect. Yes, you want, you want to potentially be fully invested, but sometimes even being 50 20. It doesn't matter you could be 80 and something is better than nothing and that's one of the things that i want to always remind you is that you don't have to be perfect when it comes down to this all right, i'm gon na reduce it one more. So back down to 6 000 shares all right.

That's my friend i agree. So until when is the lpp coupon um, i'm not too sure i don't know if it ends tonight. I have passed my team so because they just disconnect the link, but we have it up until tonight. So if you need time until later tonight, so be it just make sure that you save the link but yeah, we don't ever offer the 150 off so hope that you're aware of that.

So how do you reward yourself after making profits, for example, uh? How many percent, after your hard work, i mean um, you, you pay yourself right so every month or every single time that you like, surpass a specific milestone. I mean i've had moments where, oh i you know, i made 50k, i'm gon na. Do a 50k withdrawal and i'll pay myself that way, but like the money that i make from trading, is you know this is great and that's one thing that you'll like begin to understand? It's like, i didn't, grow up, making this kind of money like i, i had my my sales based job. I made four to six k a month and that's still great money right, because i i was 18 19 20.

I was sales-based job and i from a very early age. I i learned the importance, that's how i got my start on youtube. It's people really liked how frugal i was and the different things that i was doing as i did better right and you have to understand everything in my life kind of makes me money right. So you're, like oh ricky! Well, do you take this to like buy your cars like yeah kinda, but i make money out of my cars right.

I bought my car for 375 and it's worth over 410 i'll make tens of thousands of dollars on that car. So it's like. I don't need the money, it's more, my biggest focus right now and i don't know about you guys. I i feel like i keep touching on it because of my age i feel like i am getting older, i'm 27.

Now i have a family. I have my daughter, and all i continue to think about is everything that i'm working towards is now for my family and for her right for rachel and for for remy, and i love that, because it kind of like resparked my motivation, i didn't really understand it. I felt like i was getting kind of numb and every day, regardless of how great my day is or how bad my day is. When i get to come home - and i i see rachel - and i see my daughter it's hard to explain - but it's like it makes sense on on why people i never really not that i've never really understood it.

I always knew i wanted to work hard for my future family, but now it's easy. It's easy in the sense that, like now everything that i do i'm thinking of what accounts i can open for remy. You know where i can put money, so it can be in uh where she can have accurate access to it later down the road, i'm looking to potentially build a house for my family, but markets uh, real estate market sucks right now, right so um. Those those are my goals.

Those are my focuses right now so yeah uh, the cars are cool yeah i mean i love the cars. I don't know if you guys follow me mainly because of my cars or, if that's something that, like you, guys really like, but you guys know from the very beginning anytime that i buy a supercar. I've tried to be very open with you guys and be like hey. I buy and resell these things.

I i've found more enjoyment in encouraging you guys to look for deals and everything that you do instead of bloating myself or gloating of look at my ferrari, it's like now that i have a family. It's very easy to see that you know these cars are not that important they're cool and for car guys for a lot of us right. It's what motivates us and what sparks our interests and that's great.