SPY on the Market: Looking to Make $200 a Day With $4,000 to Invest? | | by Hugh Grossman and Ahren Stephens
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Click here now to see all the details. | | | Come with me, Grasshopper. - Start with a cash account. This way, you can trade as much as you want with whatever money you have in your account. A margin account will only bog you down, is harder to get, is more expensive and can possibly get you in trouble.
- Join our Trading Room. We provide hand-in-hand guidance to take you through our winning strategies. More on our Trading Room later…
- If you cannot be in our Trading Room, set up the following charts: one minute, five minute and 15 minute. Also set up the 10- and 20-exponential moving averages (EMAs). Invoke the pivot points on the five-minute chart. These indicators will come in very handy.
- Draw in your support and resistance lines on the five-minute chart. Horizontal lines, EMAs and pivot points, as well as strike prices, may constitute support and resistance levels.
- Follow the longer term five-minute and 15-minute charts. When the 10 EMAs are over the 20 EMAs on the longer time frames, check the one-minute chart. When the 10 EMA crosses the 20 EMA on the one-minute chart, that is when you would make your purchase… but before you do, make sure you have ample room for the stock to grow before it hits the next level of resistance, assuming you are going to the upside.
- As the setup presents itself, buy the "at the money" option for at least one week to expiration. Go ahead, invest your $4,000, but only do this if it is before 11 am, ET.
- Put in a sell order with your 5% gain with a "good till canceled" ticket. Come back later at the end of the day to collect your gains. But remember, no guarantees.
- …. You're welcome!
Do this again tomorrow, and the next day and the day after that. | | I Can't Believe A Ticker Like This Exists Years ago, I came across a stock market ticker…
One that has been my "edge" ever since…
I trade it over and over again, every week…
And thanks to this one ticker, I hit on 93.6% of my trades in 2023.
Here's how you can too. | | | I tell you this to show how simple it is to make money on the market. What you don't see is that, while simple, it may not be quite that easy. You will have the following questions, to name a few: - What if the market turns against me?
- How can I make more than 5% ?
- What if I get my support and resistance wrong?
- Why should I only place one trade a day when the market is open until 4 p.m.?
- What if your system fails?
- Why would I risk all my money to only make 5% when I hear of people making much more than that?
- Will I ever get good at this? Why SPDR S&P 500 ETF Trust (SPY)? Why not the S&P 500 itself (SPX) or Invesco QQQ Trust, Series 1 (QQQ)?
- My brother-in-law's best friend's sister at work heard about another indicator I should use… can I not put that on the charts, too?
Your questions and more will be addressed in our Trading Room. We guide and protect you, mostly from yourself. We teach you everything we do and we do everything we teach. Who else does that? We're now in our 15th great year, having taught thousands of traders just like you. Want to know all about the market? Go somewhere else. Interested in how to make money? You're in the right place. | | [Important] Read Before Markets Open Do you feel like you could be better informed about upcoming market trends?
Heading straight towards the next Fed meeting, anything could happen.
So, it's crucial that you plan now and weigh the best decisions for your future.
This next complimentary class will help you do that.
We'll cover the biggest movers in the market, and also… - S&P and major indices forecasts
- NVDA tracker
- Options strategies
- Who's poised to break out next
Don't miss this next session.
This market is about to present some enormous opportunities, so be sure to attend this live market forecasting session. | | | To be clear, there are risks involved in trading options. And it is especially for this reason that you need to be there, in our Trading Room, with Ahren and me on a daily basis. Those who have been with us a long time are making double-digit percentage gains in multiple trades a day without breaking a sweat.
Some people join, stay with us for a while, then go off on their own. Many return after realizing they need the Trading Room and not being able to live without it. For a little over an hour every day, they get their daily fix. New or experienced alike, all serious traders can benefit from this exciting morning ritual.
Day Trade SPY Trading Room -- see why everyone's talking about it. It runs daily from 9:20 to 10:30 ET. Click here to subscribe.
Not sure yet? Join us at 8 p.m. ET, Sunday night for our Intro to Trading/Week in Review to see if options trading is for you.
Sincerely,
 
Hugh Grossman and Ahren Stephens
Editors, Trading Room, Pick of the Day, Inner Circle, and Signal | | About Hugh and Ahren:
 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.
 Ahren Stephens has been studying the markets since his teens. He opened his first trading account at the age of 18 and has studied the stock market, forex market, and commodities markets for more than 20 years. Ahren is a licensed commodity broker, and was most recently an analyst at an award-winning, multi-million-dollar firm. With his knowledge he has been guiding his subscribers of Inner Circle, Pick of the Day, and the Trading Room to daily profits. | | | | | |
Visit our YouTube Channel - Eagle Investing Network
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