Learn to Trade Course

Learn to Day Trade SPY Options in 5 Weeks

Spend two hours a day (ok, maybe a little more) with our comprehensive course, some time in our Trading Room, followed by a series of paper trades and you should be good to go, giving you a basic knowledge of day trading SPY options.

*Note: you may not be an expert at this level yet, but that will come with more time and experience. Past performance is not indicative of future results. Trading options is risky. You alone are responsible for all your own trades.

 

Video Course Outline:

Options Fundamentals

Trading stock options can make you very rich or you can lose it all. Know your rights and obligations of this highly acclaimed and fastest growing trading instrument. Options are contracts and not like stocks, even though they are based on an underlying equity. This video looks at the fundamental premise of options and explains in simple language how these contracts function in the market.

Setting Up Charts

Working with the right tools is paramount to any job, especially trading stock options. Cut the learning curve and get on the same page as us with this video, designed to visually demonstrate how to set up your charts and indicators using the TD Ameritrade Think or Swim™ and/or Tastyworks™ platforms. Ask nicely and Hugh will even log into your computer and help set them up for you using TeamViewer™!

Chart Patterns/Support and Resistance

We have seen students successfully trade using only support and resistance levels, earning modest yet regular, consistent profits. Learn what these indicators are, how they are formed and why they are so important in your decision making. Ignore them at your own peril. Support and resistance can be horizontal, diagonal and psychological levels as well as other lines.

The Greeks You Need to Know

The Greeks differentiate options from other derivatives and the underlying stock itself. It would be foolish to ignore these all important factors. Your advantage is that many stock options traders do not comprehend the Greeks, yet with your knowledge, you will have the distinct advantage understanding how they interrelate to the price and how to best manage them!

Bread and Butter Strategy

Hugh’s go-to strategy, learn how to use key indicators to provide potentially extraordinary gains when you master this methodology.* Some traders invoke this system once a day for a modest 6-8% profit; others trade the system several times daily for double digit daily gains. The setups are simple to follow using standard indicators with minimum customization.

Out of the Morning Gate (OMG) Strategy

Learn an exceptional strategy that just seems to profit extremely well on a daily basis, especially for traders unable to watch the market all day. The power is in its simplicity. The OMG Strategy invokes some key indicators near the market open with distinct entry points. Once purchased, put your options up for sale and let the market work its magic!*

Money Management Techniques

This topic is so important, we developed both an e-book and a video to reinforce the concepts. Hardly a week that we do not hear of a trader blowing up his/her account, and all of it, unnecessary.  Before you place your first real trade, be clear on your risks and rewards. View the video, read the e-book, repeat. The market is not forgiving; be prepared!

Scalping Strategy

Love to trade in and out for a modest 3-4% gains, multiple times a day? Experience the adrenaline rush and overall profitability of scalping which, in our opinion, is most exciting! As with all strategies, there are never any guarantees but scalping on the proper setups satisfies both the need to trade and need for gains. One caveat: it’s addictive!*

Repairing Trades Gone Bad

All traders have losses from time to time. If anyone ever tells you they never lose, they are lying to you. The key is to learn how to manage losses and bring them back to profit, if possible. Options trading is fluid and knowing how to repair losers is vital to success. We no longer accept losses easily; hence repairing techniques are an absolute must. Learn this now!

Mental Aspect of Trading

An expansion on the Confidence module, Mental Aspects covers a wide range of psychological topics related to trading. Never underestimate the importance of understanding the successful trader’s mindset and what sets him or her apart from the masses. It is often said that 95% of traders lose their money in the first year. Your task is to join the ranks of the top 5%!

Bonus: Q&A Session

An hour of your questions answered!