hey what's on team is Ricky with
technical solutions so welcome to
another whiteboard Wednesday and
referring back to the overall idea of
you guys and DJs in a series of other
ATMs getting delisted one of the most
common questions that are received in
the comment section that I have not yet
covered is the overall idea if you're
still holding any of these specific
shares for you yes Diaz TV IX or any of
the specific ATMs that on I'm not
mistaken on June 22nd announced that
they were going to get delisted first of
all I do already have a video talking
about deed listing and every time that
there is a d' listing notice it's
normally not the best news right when it
comes down to we didn't you listed it
pretty much means that it's going to be
removed from its major exchange in this
example is gonna be the Nasdaq right so
this is up until July 2nd that I think
that the actual D listing happens for
the e TN you yes me guys I'm gonna place
the article down below please do
yourself a favor and if you want to
learn more about it straight from the
source that's gonna be that first link
down below but I want to give you a
perfect example let's keep this video
short and sweet
so when it talks about getting D listed
it pretty much means that it's gonna be
removed from the NASDAQ exchange right
so if you have Robin Hood if you have TD
Ameritrade
one of the things that you should be
aware of is first of all I've tried to
preach this so many times when it comes
down to this ET and especially these
triple leveraged ETS
I don't know how many times I could
repeat something until it kind of just
sticks and I think we just have to learn
from our experience and let me know in
the comment section if you guys agree
but they come at a great form of risk
and with great opportunity comes great
responsibility
and risk management should always be top
priority I don't care if you're an
investor I don't care if you're a day
trader especially when it comes down to
getting into riskier day trades this is
why I've always tried to empower and
encourage our viewers to practice risk
management now although it sounds funny
this could be a perfect example because
if you're asking hey what's gonna happen
to my you gas position it's most likely
I mean you guess has been on a very
bearish run and D gas has been on the
very bullish run so if you're still
holding you guys I'm only going to
assume that you are down
that you've been bag holding and
although I've been in similar shoes
right it's we've we've all been there
when it comes down to bag holding the
only way we can make consistent progress
is if you actually learn from your
mistake so to ask the secret question of
hey is you guys going to recover before
they do listing on July 2nd no one knows
that answer what you should ask yourself
is where is it that I'm going to cut
losses or manage my risk and this should
always be top priority and if you're
already down to certain dollar amount
just again learn from your experience at
least that's my takeaway when I've been
put in very similar shoes so let's say
that it ends up closing at $9.50 when it
comes down to you guys right D guys have
been absolutely killing it so if you're
down on that position I really don't
know what to tell you since it doubles
at 180 day highs but all together it's
probably not as bad as when it comes
down to you yes let's say when it comes
down to being July 2nd you guys and D
guys and all those specific ETF delisted
what happens to your account is you
can't buy any more of those shares it
pretty much just gets removed from the
major exchange especially if you're
using Robin Hood they only work with
major changes if I'm not mistaken I
haven't used Robin in quite a while when
it comes down to your shares all you can
then do is set and if the platform does
not allow you to sell I would encourage
you to reach out to your brokerage and
to ask for assistance that's the easiest
way for me to put it but what I'd be
someone that would wait until July 2nd
which is the date that it's supposed to
be effective or the overall D listing to
sell my position that's up to you right
like we've said so many times before
we're not here to tell you where to buy
we're not here to tell you what to order
sell every single time that you're about
to take a position every single time
that you're about to take a trade
because of what you see for there to be
for the overall upside opportunity you
need to you know I can't stress this
enough you need to be someone that holds
yourself accountable and that
understands the risk involved behind
every trick if you're gonna make $100
profit that's the profit potential
what's your potential for loss how much
are you willing to risk to make those
hundred dollars every single time
because I
guarantee you that even if you got lucky
and you walked away green buy bag
holding something big picture it's gonna
eventually end up biting you in the butt
and feel free to share your experience
risk management it's the most overlooked
best practice that not enough people
practice and I I mean this is a perfect
example especially for those that have
been bag holding any of these ET ends as
we've repeated time after time that
these are not something that you guys
want to hold just because of how
consistent they are when it comes down
to decane overtime so just a very simple
example let's say that you have ten
shares at $9.50 you'll see that you
still have the ten shares available on
your account but the only option that
you will have available is to sell them
and if your brokerage or your platform
on your application does not allow you I
would reach out to your brokerage and
even maybe even do this in advance just
so you have a full understanding and you
are fully prepared up into that
delisting because I can only imagine
that they wouldn't get flooded with
those fa Q's leading up to that point so
just make sure that you do yourself a
favor get informed prepare yourself
right and just make sure that your
actions today are something that can
benefit you in the future so a quick
little overall recap on the day
yesterday I had nearly $1000 day
twitting t qs s accused in American
Airlines today it was a little bit
different just like I announced
yesterday t queues and /and key which is
the Nasdaq teacher what hit 180 day
highs so yeah it was I overall highs on
the 180 day chart it was very overbought
it made sense that it could pull back I
ended up changing directions and because
of that change of directions the really
cool thing is that I was able to manage
my risk accordingly and my overall loss
was this right I'm down a little bit
over $100 on the day but in comparison
to all the other days that I've had I'm
really enjoying the overall idea of
trading desk use antique use my to
positive takeaways are it moves much
slower than natural gas so if you're
someone that has been being able to
effectively tribute as indeed gas it
just it's very easy to manage your risk
just because it's not as volatile today
I do have to admit it was a little bit
more volatile than it normally is which
was great a lot of people walked away
with a decent amount of profits
that quick change of direction just
caught me off guard and I was a little
preoccupied I hit the gym and I have two
meetings that I have to catch and
discussed there right now so I just want
to make sure that I made this video so
very excited again the goal is something
to work towards that's something that we
have to hit every single day wanted to
provide you guys with a quick little
overall update and I'm excited to see
what tomorrow has to offer just want to
provide you guys with an explanation of
what it means when it comes down to you
know if you still are holding some
shares of any of the etn Thor getting
delisted all you're going to be able to
do is simply sell them so I hope that
this overall video gets you one step
closer to your overall goal and if it
did we'd love to stay connected click
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you guys it's time and like always let's
make sure that we in the year on agree
now to get a team