SPY on the Market: Trader Hugh's New Year's Resolutions | | by Hugh Grossman
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This is a paid advertisement for Mode Mobile Regulation A offering. Please read the offering circular and related risks at https://invest.modemobile.com/ | | | Why bother with New Year's resolutions knowing we won't keep them? My record is about a week. Last year, I tried to get off sugar, knowing how bad it is. That lasted about three days. Funny how we slip back into our old ways as soon as the effects of the New Year's libations wear off.
This year, it will be different.
Hi, my name is Hugh. Humble Hugh, they call me. My wife calls me Hubristic Hugh. I don't think I am but I will make an attempt to remain humble for 2025. Let's see how that works out.
It will be a year to sit back and not cause any waves, now that we're in a transition away from some of the craziest times of late in this mixed-up world. We have a new administration taking over in January with President Donald Trump, Vice President Vance and Elon Musk at the helm. The cabinet choices are described as valuing loyalty over experience and having a range of conflicting ideologies and eclectic personalities, but also being the wealthiest administration in modern history with over 13 billionaires chosen to take government posts. Instead of career politicians, we will have the very best businessmen leading the country. It will be very interesting, to say the least. | | Forget about AI stocks A lot of investors are throwing their money at dozens of AI stocks - hoping to find the next NVIDIA…
But a small group of investors have seen recommendations with an 87% win rate by trading just one ticker.
Get the details here. | | | My objective is to stay focused with my trading and see how this will all shake out. For that reason, I propose the following resolutions: - I resolve to be cognizant of my emotions while trading, and not act impulsively on them. Fear, greed, ego, "fear oF missing out" (FOMO) and "you only live once" (YOLO) are sentiments that can only hurt me.
- I resolve to ensure the proper setups present themselves before embarking on a trade.
- I resolve to exercise patience and discipline when needed, and not jump in too early or exit too late.
- I resolve to check upcoming news for any potential conflicts of interest with my technical indicators.
- I resolve to stay healthy physically, emotionally and spiritually. Only then can I balance it off to stay wealthy and hopefully, be able to help others.
- I resolve to stay true to my proven strategies and not veer into uncharted territory with either methodologies or stock symbols.
- I resolve to celebrate my winners but review and learn from my losers so as to avoid making the same mistakes in the future.
- I resolve to not overtrade but quit when I hit my daily targets, as prescribed in my trading log.
- I resolve to plan the trade and trade the plan so I can reach my goals in a systematic, relatively effortless way.
- I resolve to keep trading and training with as much fun as I can, and to ensure the same for those who partake with us at DayTradeSPY. Trading needs to be enjoyable.
There, I have them in print, and therefore, am committed to bringing you the very best we can in the coming new year. | | Which side are you on? On one side, there are those who acted by accessing our End of Year A.I. Forecast Report—positioning themselves to protect their portfolios and gain clarity on where the markets are headed as we close 2024.
On the other side are those who hesitated, confident that "it's just another year-end" without seeing the signs of what's to come.
But as history shows us — time and time again — markets shift dramatically during this period. And every time, the financial world is divided:
Fortunes are made by those who prepare and adapt while Losses mount for those who don't act.
Our End of Year A.I. Forecast Report is LIVE.
Don't wait to position yourself for success in 2024. Take action now. | | | My plan is to put them on paper, place them in front of my computer and consciously adhere to them for four weeks. After that, I am trusting that my behavior will have become habit-forming. Imagine how much further I would be if I can only abide by these amazing rules!
This year, I resolve to make an honest attempt at keep these resolutions. And if I fail, at least I have a head start on next year's.
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Wishing you the very best for 2025!
Sincerely,
Hugh Grossman
Editors, Trading Room, Pick of the Day, Inner Circle, and Signal | | About Hugh:
 Hugh Grossman has manned the helm of DayTradeSPY for over a decade now. A self-taught trader, who turned master trader, has learned everything about trading the SPY (the SPDR S&P 500 ETF). Hugh has been guiding his subscribers of Inner Circle, Pick of the Day, DayTradeSPY Signal, and the Trading Room to daily profits since 2010. | | | | | |
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