 Red, what's up my name is Mr. V here welcome to another video guys so into this video I want to share with you guys my top five tech stocks that I'm buying during this pullback so if you have noticed this week the market has actually pulled back a lot a lot of the tech stocks that have been killing it are really starting to pull back and I mean from Tesla to Zoom to Square name these top companies that have been just killing it they've seen some pullback I mean you expect this with the market so but the question is were you ready for this pullback because a lot of people were not ready they didn't see nobody saw this coming everybody thought like hey Tesla did they split on Monday Apple did they split on Monday the market just went crazy everybody who was taking profit and then Tuesday Wednesday Thursday things just went crazy it just went south I mean you're talking to the point where Tesla is actually pulled back to under under $500 close to I mean they're going close to under $400 which is crazy so again this is an opportunity for people to really get in and make some money because usually during times like this what happens is that a lot of people panic it's just like hey you have $10,000 in the market and then you see it it's down to $8,000 most people and inexperienced traders will go in and pull that $8,000 and you know take it out and then sit and wait whereas instead of you you want to buy more during that time so what I'm doing is as a market pulls back like this I'm buying more and just adding to my position one of the things is I'm actually changing with my strategy is the idea of just buying and holding and watching it go up and down up and down up and down so and so what do you do in in a situation like that so what I what I'm doing right now is my positions that I go in let's say for Tesla if I go into Tesla and I'm up I secure the profit that I feel comfortable with let's say I went in at say $400 and it goes to $600 and I'm comfortable you know it's okay I want to secure at least $150 in profit then I can play with $50 if it goes up to $700 then I move my stop loss to say $600 or $650 and secure that profit so that if I get a massive pullback like this I sell and I'm out again that's for for my account that I'm very active with if you don't want to worry about stuff like this or you know putting stop loss and buying and selling then just go get either like an ETF or index fund just buy it and let it sit there and and go with the wave of the market up and down up and down up and down so that's a strategy that I'm actually implementing and I just want to share that with you guys and hopefully you guys can benefit from it because here's the thing if you think about it the financial industry investment industry has always told people like hey just buy and let it go and just sit there and sit there and do whatever and so here's what's gonna happen with that money so you buy it goes up you watch it make profit you let's say you're up $5,000 in your account and then there is a pullback in the market it goes down and then goes up let's go down so yes you're gonna you're gonna recover back and you're gonna see it moving up but think about it if when it was up here if you had sold and then when it drops that dip you buy there you buy even more they goes up again you sell and then you you buy that dip again just like that so if you if you were somebody that didn't sell at all you're not gonna make the same amount of profit like somebody that sold because if I have $10,000 in my account it goes up to $15,000 I sell and wait for a dip and the dips I buy now I'm buying the bottom again I'm gonna write all that profit to the top but if you just help it drops down to $10,000 and then you see nothing has changed your account is going back again up so you're just sitting there writing the wave whereas there's people that are taking profit and buying back at the bottom I'm going up so that is an excellent strategy it's working and I'm still in the face of really completely implementing that with pretty much all of my accounts and just make sure that I'm actually selling when I have to and buying when I have to that's just the basic strategy so that said again I wanted to give you guys a list of my top five starters I'm buying right now with this dip in America so number one on the list is Tesla I mean that's a no brainer I do have a position in Tesla I'm just adding to that position because I mean I know this little pullback is not going to cost anything Tesla is going to bounce back so if Tesla is down close to over a hundred and something bucks that is just to me that is just a great great opportunity to jump right in add to your position and just sit back and wait for it to pop again number two on my list is square they have been killing it um ever since COVID because a lot of online shopping so people are using their payment uh platforms and stuff like that so they've been killing it so square is right now down close about I think $30 so this is a great opportunity to jump in and and put some square in your portfolio and just watch it right zoom uh zoom had their earnings call and boy did zoom explode a lot of people make a ton of money but this pullback zoom essentially really seen crazy pullback I mean because zoom went close over I think about $500 and now it's on their 400 so you're talking about a swing of a hundred and something bucks but we know that as as COVID continues as this lockdown continues as more people continue to work from home zoom is going to bounce right back so I'm not too worried about it um yeah so I'm buying zoom I'm putting zoom um in my swing portfolio uh next one is apple apple did this split get people an opportunity to get in uh some people got in at 130 something and now it's now pulled back to um I saw it last I saw it was 119 um again if you have apple this is an opportunity to add to that position and average down so you want to dollar cost average yourself down in a situation like this if you do have some extra cash uh next is uh document sign so docusign is uh again it's another I would say COVID stock and when I say COVID stock is a stock that really helped people during COVID because hey imagine that you have office space and you could just walk to your colleague or walk to somebody to your boss and ask them to sign a document that's not going to happen anymore you're working remotely so you need to um have somebody sign a document docusign will help you do that so it's the stock too has been popping their ending call was today it actually rose up to about 261 and then pulled back now I've seen these gradually squeezing back up again but this is another player um alongside with zoom that is really gonna you know make some really good changes so those are the top five but now I'm going to give you two extra uh stocks or bonus stocks that you can actually stay at your portfolio big comments is another one these stock came out the IPO skyrocketed in their I think their annuals call is coming out this month um so right now it's under a hundred dollars um so and they had gone up to about 160 so this is a great opportunity to just get in big comments secure some profit there or just you know get yourself ready to secure some profit because if you get it under a hundred dollars uh when this craziness stopped this stock is going to pop right back in your face and you're going to see them cry and this is again this is a company that's competing with Shopify um it's a big market space e-commerce is huge and big comments just recently signed this integration with um instagram which is going to give them an even more uh you know exposure in the marketplace as far as the payment service and stuff like that so definitely check them out um I'm going to pick up some some big c for my swing account um hoping that in the next maybe month or two it would turn around would be really really awesome um last one is levando so ticket symbol lvgo um this is another company that's going through a merger with teledocs um I did a video about that here on the channel so you can definitely check it out there they're going through this merger and this stock has been really popping it I mean it has been a COVID uh a sensation because they just went from nothing and now I mean they were trading close to about a hundred and forty one dollars and then during this pool back now it's on I think like 120 something but this is another great player even though the merger is coming up with um with teledocs it's still a great opportunity for you to go in make some profit before that merger even takes place and I think during that merger you'll still be sitting in a good position when the merger goes through so that that's another one that you can definitely want to add um to your portfolio so those are my top five again let me recap them here tesla is number one square number two zoom number three apple number four uh ducky sign number five and then I added two bonus uh uh stocks there big commons and as well as levango ticket symbol LVGO so question of the day what do you think about that list uh were you prepared for this pool back or it just caught you off-guard if not what is your strategy to prevent a pool back like this from catching you off-guard again my strategy is securing profit with the use of stop loss if you are up like say a thousand dollars you feel comfortable put a stop loss to secure at least eight hundred dollars of that money if anything would go down um then you can buy back again if it goes to the bottom so that is a strategy I'm using so let me know the comment section what you're doing um again do you think that list is again these are all tech stocks just so you know do you think that list is is complete or you think oh there's more that I didn't add to that list um another one that I could have added on the list is um mongo zibi which I definitely like um but this right now I think these ones are the ones that I'm going to go with um but if you add mongo zibi to that list you can't be wrong with it so I hope this was helpful um again this is a time where smart investors are making smart decisions because if you're not a smart investor and you're you're panicking and pulling your money out of the market thinking oh the market is crashing then you probably don't really know what you're doing um you know you suspect but if you set stop losses and collect some profit and then buy it back at the bottom you definitely know what you're doing again if you're new and you're learning hey we're all students we're learning so at least I just want to put this out there so you know exactly how to prepare for a future pullback like this don't be a greedy savage because when you see those profits you're thinking like oh it's going to keep going up the market doesn't work that way the market goes in waves it goes up and down up and down and when you're up here make sure that you secure that profit don't just think that the profit is going to sit there waiting for you and and as always guys if you haven't already subscribed to my youtube channel please definitely go ahead and hit that subscribe button and the notification bell if you're new we talk about how to earn money how to save money how to invest and build wealth so if that's something that interests you definitely hit the subscribe button so you don't miss out on new content and also if you're new and you're looking to start investing uh webo is currently doing a promotion where they give you two free stocks not one two when you open your account and deposit a hundred dollars it's free free free it's free so it no charge to you once you open the account you deposit a hundred dollars you would see two free stocks in your account that webo is going to give to you so that's I think to me that's a good thing to get you started with your investment journey and as always guys stay motivated