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Another wild 10 minutes on Wall Street. We had 4 trades between the bell and 9:40 AM. 7 points of profit and 6 ticks of loss for a total of 5.5 points of profit in a few short minutes! Folks before commissions that is $2,750 profit trading just 10 contracts!
The markets declined again today. We had a 3 percent sell off Friday and we opened up another percentage point down. I expected a dead cat bounce and we had it. The Emini S&P premarket was down at 1124 and climbed up to 1151 before quickly retracing back to the 1140 area. Our trading was about 30 seconds today! Either a One and Done EET or a One and Done Pullback Trade – both winners.
The week overall has been an awesome week. We are continuing our trading style from August. Normally – trade for income. However, with all the volatility we are targeting more than DOUBLE our normal “income” of 1 point. We are seeing 2 – 7 points a day, and that’s in 20 -30 minutes a day! We are ready for the volatility to come back down and “go back” to trading for income, although we definitely like making more when the opportunities exist – and the way I see it, the volatility probably will not be going down any time soon so we will continue to “kill it” and make some very nice profit day trading the S&P Futures!
Off to enjoy the rest of the day! If you are not experiencing results like Tick Traders, you may want to re-evaluate what you are doing – or simply give us a call!!
The Volatility Index was about 15 percent higher as well. And that, for Tick Traders, usually means more trading opportunity! Sure, we could go for a “one and done” like we normally do, but why not make more money if it is there to be had? W
t’s really time to take matters into your own hands! We can’t trust or wait on this government to secure your job! Can you? Think about it. Learning how to day trade for a living IS a Job. But guess what? YOU are the boss and trading is ABSOLUTELY 100 percent recession proof
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