The Stock Market is CRASHING AGAIN!

Hello, welcome back to a new stock market

video. So as some of you may know, the

NASDAQ is currently crashing, down nearly

5% from the all-time highs. And I'm not

bragging, but I kind of predicted exactly

what was going to happen. So you see those

yellow lines? I drew those weeks and weeks

ago, and you can see how the NASDAQ stock

lines and the candles have actually

bounced in between the yellow lines Almost

exactly. It's almost as if someone's

manipulating it so it follows this path.

And this is called a corridor that it

bounces up and down in between of, kind of

like a ping pong ball. And you might be

thinking, aren't you worried the market is

going to crash? Aren't you sad because

you're losing money? No, actually,

because I'm actually making money. I felt

so confident that it was going to bounce

off the top of that yellow line that I put

in 3 shorts right at the top. I closed 2

of them halfway down. And I left one open.

You can see that little red dotted line

right at the top. I literally picked the

top, the very top of the market to short.

I feel very proud of myself. I just kind

of feel annoyed that I didn't put more

money into the shorts. I guess I wasn't

100% convicted or convinced with

my prediction, but nonetheless it has

reached all the way down almost to the

bottom of the yellow line, and I put in a

second short. You can see the second

dotted red line. And, um, yeah,

I don't think we're at the bottom yet

because as you can see if we zoom in, if

we zoom in a bit more closely, you can see

previously, um, the 2 previous bottoms

touched the yellow line. And it's touched

these yellow lines, it's touched this

bottom yellow line about 5 times recently

in this year. So it's bouncing off this

yellow line and Every single time, so it

means it's a very, very secure, a very,

very reliable support line. And if you can

see the recent downtrend, it hasn't yet

touched the yellow line. It's gotten very,

very close yesterday, and not yesterday.

When was it? Last Friday, and then

yesterday there was a bit of a bounce

back. Like to call that a dead cat bounce.

Looks like a fake out breakout. So I

decided to put in a new. I decided to

start a new short. After yesterday's

fake-out rally because, um, yeah, I still

believe it's gonna go down a tiny bit more

before it hits the yellow line and then

eventually bounces off the yellow line,

and then we'll have a nice little recovery

rally into Christmas, which is where I

hope to make some money. And historically,

they say September is usually the worst

month in the year in the stock market.

Every year, every September, it always

seems to go down quite a lot And then at

the end of September, beginning of

October, things start to pick up again.

And I think this is like the 3rd time now

the Nasdaq has had a really big pullback

during the year. The first one started

around February, lasted until about May or

June. That was a really bad one. I lost

nearly 40% of my gains. No, 40% of my

entire stock portfolio I lost in the

February crash. And then June had a

massive rally and then it kind of crashed

again. In May. And now this is like the

3rd time it's crashing. And it's kind of

hard to tell why it's crashing again. You

know, there's multiple reasons, things

like inflation, people expecting the

American government to start tapering,

stop asset purchasing. And then there's

all the China stuff like the Evergrande

company thing is going bankrupt

and defaulting on its debts. Lots of

different things that contribute to making

the market crash. And they always seem to

happen in September. What a coincidence.

You know what also happened in September?

2 major incidents happened on a September

back in 2009. Starts with a 9, ends in an

11. Kind of weird, isn't it? Don't you

think? The financial crisis also happened,

didn't it? The Lehman Brothers thing

happened during the exact same time the,

um, you-know-whats got flown into.

So when the first 2 big Nasdaq pullbacks

happened this year, I was freaking out. I

lost a lot of money and it was the first

time I experienced such a big crash. It

wasn't really a crash because technically

a crash is considered a pullback of more

than 10% and then a pullback is 5 to 10%.

But really, for me, for someone who's new

to the market, a 5% pullback in the Nasdaq

can really feel like a crash. It feels

like everything's just going down and down

and down. And the idea of making money

just seems to be impossible. But now that

I found out how to make money when things

are going down, yeah, I've hedged my

positions. This is why they're called

hedge funds. These big institutions,

they've got longs and shorts. You know,

they go long Apple and big tech and they

go short on certain names. And really,

even as a small investor, a retail

investor, you should be doing the same if

the big boys are doing it. Then it's kind

of an indication that we should be doing

it as well. And yeah, we should have

hedges, we should have shorts open, we

should have positions that will make you

money in case the market goes down.

That's what I've started doing. And now I

don't really fear market crashes or

pullbacks because I can make money going

down and going up. If it goes down, I'll

make money off my shorts. And when it goes

back up, I'll make money off my longs. So

yeah, I feel pretty secure with what I'm

doing because There's one thing you can't

do with the market and you can't predict

when things are going to happen. But

there's one thing that's pretty

guaranteed, and that is it goes up and

down. It doesn't just go up and it doesn't

just go down. So when it goes down, you

just take profits on your shorts. When it

goes up again, just take profits on your

longs and then rinse and repeat. When it

hits all-time highs, just put in some new

shorts. And when it hits lows, then start

buying some stuff. So as you can imagine,

my main portfolio is getting hammered

pretty hard right now. The only thing I

have in the green is Ford, which is up 8%,

and I also had this stock called EPD,

which is an oil pipeline. For some reason,

oil is pumping really hard, and I

sold out my EPD for a nice fat juicy 7%

gain. Yeah, maybe it'll go up a bit more,

but I don't really want to risk it, and I

feel quite happy with a little

little 7% gain. You see, the stock market

is kind of like a seesaw. When things go

down, not everything goes down all at the

same time. It's very rare. The only times

that happens when there's massive major

world event like the virus last year when

everything sold off. But usually when you

have a pullback, it's, it's in one sector

or a couple sectors. And whilst those

sectors are going down, other sectors

start going up. So you really want to have

stocks in every different sector, not just

one sector. So right now, big tech is

going down. Apple, Facebook, and Google,

the big boys, are kind of having a bit of

a pullback. But then things like oil and

energy and random companies like Ford for

some reason are going up. So I want to

sell those ones now and start buying when

the other things are going down. So my

plan is, as we are nearly approaching the

bottom of the yellow line on the Nasdaq,

I will be thinking about closing my short

position fairly soon. I guess the only

risk is that it doesn't bounce off the

support line this time and it cracks

through it and breaches down below to a

lower support line. And then I'd be

kicking myself for missing out on even

more hundreds and hundreds of pounds I

could have made off of shorting the top.

But I don't know if it's going to crack.

The yellow support line. Feel fairly

confident it's going to bounce off it and

then we'll have a nice rally into October.

So yeah, those are my thoughts on the

current big pullback. I'm not really

freaking out, not really worried, and I'm

quite happy, quite proud of myself because

I managed to time the top exactly thanks

to my magic yellow lines. Now the next

challenge is knowing when to exit, um, at

the best point. I know they say timing the

market is impossible, but, you know, it is

a fun challenge, like a little game. If

you can see if you can predict when to buy

and when to sell, makes it a bit exciting,

I guess.