 Don't panic. What's up my name is Mr. V here, welcome to another video guys. So in today's video I want to give you guys some ideas or something to think about now that you've experienced your first market pullback. A lot of you guys are new to the market based on the comments that I see, you're new to investing and so seeing an opportunity like this, most people don't think this is an opportunity, they think the market is crashing, they're collapsing and I'm beginning a lot of messages from you guys like Mr. V, what do I do with my account is all red, I don't know what to do. So I want to specifically talk to you guys and give you guys a strategy that you can actually use moving forward. But before we get started guys, if you're new to the channel, we talk about how to earn money, how to save money, how to invest and build wealth. So that's something that interests you, go ahead and hit that subscribe button and any notification bell so you don't miss out on new content. So you guys have seen the market pullback and specifically it's actually in the tech sector. So if you see a lot of tech stocks that actually pullback from Tesla and just square all the big names of pulling back even in the EV space, sparks are actually pulling back as well. So a lot of you guys have been investing in those and now when you see this pullback, you're panicking because all your liquidity is actually tied up in these positions and you can't take it out and you're now in the red. If you sell, you're gonna lose some money and you don't want to sell but you see it keeps dropping. So you're like scratching your head like, what do I do? So in this again, this message is specifically for you. So if you have an account, if you're new to investing, what I want you to do is I want you to have at least three accounts if you don't have them already. You should have three accounts and I personally have those three accounts. I'm not telling you something that I don't have. So my first account is my long-term investing account. So when I talk about investing, I mean I just buy and put in that account and don't even bother. The only time I go there is when I want to put in more money in that account and buy more, constantly buying more. Now that we see a pullback like this, I'll run and see if I have extra cash, I put it in that account and buy more and just let it ride. So I don't panic when I see it goes down because that's how the market works. The market goes in waves. It would go up like we saw the past two months and now it's pulling back, giving opportunity to get back in. So that's what I want you to at least start with, have a long-term investing account. The second one is I want you to have a swing account. So a swing account would be one where you can buy stocks and hold them for maybe a week, two weeks, a month or even three months and then sell it. You're not thinking of long-term like one year, two years, three years, no. This is like, hey, I know this particular stock, it dipped below let's say 52 weeks high. You want to go in, you go in, buy it, it's squeezed back, you set your price target. As soon as it hits that price, you take your profit and move on. So that would be what I'll consider your swing account and then you have your trading account for those of you that care about day trading. You can then have your trading account which is separate and this one, you go in, buy the stock, make profit that day and get out. Most of the stocks that you trade in there, you don't even want to associate or hold them overnight or anything. You just buy, sell and get out and keep your profit. And then the way I do it is in my trading account, when I make profit, I can move some of that money and put it in my swing account or I can move some of that money and put it in my long-term account. But then I know that I have my capital here for investing. So again, when you're just starting, you're probably just doing it because, hey, you probably want some extra money. So you have to define what you're trying to do. I don't want you to go into a trade thinking you want to swing it and they end up holding a long term because you didn't know when to get out and now you're down and you're hoping that it goes back up so you can sell and make some profit. That is not a strategy guys. I want you to have a game plan once you go into a trade. If you are going into a long-term position, absolutely okay. Buy it, put it down and forget it. So for me, like for instance, I do have CCIV. I've been buying more and more because I know that's long-term. I have Tesla, I've been buying, I have Boeing, I've been buying. I mean, a Disney. I have a list of stocks that I've been buying holding long-term. Those I don't really care about. The micro go up and down. If I have extra cash, I keep dumping in those stocks. And then on my swing account, I have other stocks that I'm actually swinging that I think these things are going to bounce right back. So once I see them bounce back and I get the profit I want, I sell them, I take that money then I can look to invest it in my long-term or I can look for another opportunity for a swing trade. So that's what I do. So again, just a quick recap here guys. I want you to be smart with your investing. If you're new to investing, if this whole space is new to you, this is probably your very first pull back in the market. Because for people that started investing in 2020, the market was just crazy. Everything was going up. Even if it gave your grandma 500 bucks, she invested in the market, she would have made profit. And so you saw a lot of people think that that was the way the market reacts. But to be honest, that's not the way the market works. So when you see corrections like this, this is healthy for the market because a lot of companies, a lot of stocks have just been blown out of proportion. Their prices are just insane. So this is just like to bring reality back into the equation. So if this for you, let's say you started investing in 2020, and this is your first time to see a pullback like this, this is a great opportunity for anybody that's smart and has been doing this for, for as long as I've been doing it, you know that this is a massive opportunity because you're going to look back at some of the prices that you see now and be like, maybe just in six months. Who knows? In six months, you're going to look back at these prices and be like, man, I saw Square go down to like $191, I think. Square just announced that they have a bank, they're starting a bank, whatever. That stock is probably heading towards $400. And so if you missed out on this opportunity, maybe six months from now, or 12 months from now, you're going to be bidding yourself like, I saw Square at that price, but I did nothing about it. So I want you guys to really have that mindset. So have the mindset of somebody that is across the board. So you have your long-term investment portfolio. You can open that with one of the old school brokerage accounts like Vanguard, Fidelity, TD Ameritrade. You can have that with those companies. And then you can have your swing trade account that you can open with either Webull. I don't really like Robinhood anymore because of the way they screwed me over. So I don't really promote them anymore. I took out my affiliate link with Robinhood. I don't really want to associate with them. But Webull could be one. And then you can find other brokers that can give you that same ability to be able to hold some stuff for a week or two and then sell it again. I want you to find brokers that are commission-free. And then I want you to find another one that is your day trading account. You can do both in Webull if you care. I'm a Webull affiliate. You guys know that. So if you go in Webull, you can create a cash account. You can create a margin account. Your cash account, you can use it for your swing trade. And then your margin account, you can use it for day trade. So those are opportunities. So that way, you're not conflicting yourself. You're not holding stocks that you're not supposed to hold. When you buy a stock in your swing account, you know that you're giving it a week or two so that it can bounce and you can make your profit. But when you go in your trading account, you know that this is a one-time thing. I'm going in. As soon as I see some green, I sell it. I get out. I take my profit and I walk away. You're not a greedy savage. Because the people that are really hurting right now are people that are greedy savages. Because when you see profit, you do want the two things. You keep thinking that it's going to keep going up. You don't put in any stop losses or trading stuff to secure some of that profit because you think that you own the market. You're too smart. If you're a greedy savage, your ass is on fire right now because you didn't do the right thing. So be smart. The only profit that you can count that is your profit is the profit that you've secured. If you haven't secured a profit, don't go around telling people that you're making money in the stock market because the stock market can pull that money from you anytime. Imagine that it took you three, four, five months to build your portfolio to where it is today and then what happens? It takes about less than a week and all that money disappears out of your portfolio and then you'll see that you're looking around like. It's going to take you another three to five months to get it back to where it was before. So if you're smart enough, once you get to that point, put some secure measures in place, especially if your account is a swing account. If it's your long-term account, you don't have to worry about anything. You just let it ride because you're thinking 10, 15, 20 years. If you have more money, you put it in that account. But if it's your swing account, secure the profit whenever you get it. If it's your day trading account, get out of there. It's called day trading. So you buy and sell immediately and get out, take your profit and get out. So that's what I wanted to talk to you guys in this video. Again, guys, I hope this is helpful because I know a lot of you guys are just starting out. You're going to make a lot of mistakes. And I'm not blaming you for any of those mistakes because I made some of those mistakes myself. But I just want to give you guys some tools that I think or just a mindset, a shift in thinking that can potentially benefit you if you see something like this happen again. So just a recap here, guys. In situations like this, I want you to make sure that you're distinguishing between your investing account, which is long-term, 10, 15, 20 years, your swing account, which is a week, two, a month, or maybe three, four months, and then your day trading account. So it doesn't mean that you have to have all of them. If you're somebody that just care about investing long-term, then you have your long-term account. That's fine. If you're somebody that just care about swing trading, you can have your swing trading account. If you're somebody that just care about day trading, you have your day trading account. But if you care about all three, then I want you to separate those and not do them in the same account. That way, you can easily manage your risk. So that's what I want you to make sure that you guys have. If you're new to the channel, we talk about how to earn money, how to save money, how to invest, and build wealth. So that's something that interests you. Go ahead and hit that subscribe button and the notification bell so you don't miss out on new content. And also, if you are looking to get started with investing or you're looking for another broker, guys, I highly recommend Weibo. I'll put the links in the description below. When you sign up and deposit $100, they give you free stocks to get you started. And as always, guys, do your due diligence. Don't be a greedy savage and stay motivated.